Answer:
The amount that you should have saved in your retirement account to receive this income is:
= $727,995.88.
Explanation:
a) Data and Calculations:
Expected lifespan = 24 years
Expected annual income = $75,000
Interest rate per year = 9%
The amount of savings in the retirement account to receive this income is calculated from an online financial calculator as follows:
N (# of periods) 24
I/Y (Interest per year) 9
PMT (Periodic Payment) 75000
FV (Future Value) 0
Results
PV = $727,995.88
Sum of all periodic payments = $1,800,000.00
Total Interest = $1,072,004.12
Answer: $12,785,714
Explanation:
Present value of project:
= Revenue / Cost of capital
= (500,000 * 4 shipyards) / 14%
= $14,285,714
Net of investment:
= 14,285,714 - 1,500,000
= $12,785,714
Explanation:
Multiplier shows the effect of a change in investment on income and employment whereas accelerator shows the effects of a change in consumption on investment.
But in other words, in the case of multiplier, consumption is dependent upon investment, but in the case of accelerator investment is dependent upon consumption
Answer: $49.05
Explanation:
The call was purchased at $3.05 and the strike price at expiration is $46. The total expenses at expiration is:
= 46 + 3.05
= $49.05
To make a profit, the stock price will have to be above $49.05 which makes it the breakeven point.
<em>Option not included. </em>
Well, Almost every bank requires you to present a valid government-issued photo ID when opening a checking account. This verifies that you are who you say you are and allows the band to match your name to your face.... other for.s of government-issued ID include a valid password passport or a U . S military identification card.
Hope this helps!