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JulijaS [17]
2 years ago
10

You deposit $1,900 into an account that pays 3% per year. Your plan is to withdraw this amount at the end of 5 years to use for

a down payment on a new car. How much will you be able to withdraw at the end of 5 years
Business
1 answer:
arsen [322]2 years ago
7 0

Answer:

$2202.62

Explanation:

Future value = amount x ( 1 + interest rate)^n

$1900(1.03)^5 = $2202.62

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Summarize the steps of the cetr plan.
MAVERICK [17]

Answer:

The summary of the steps are as shown below;

Step 1: Reflection and Self-Evaluation.

Step 2: Exploration.

Step 3: Decision-Making and Goal Setting.

Step 4: Gaining Experience.

Step 5: Implementation.

Explanation:

A career is a professional endeavor undertaken during a specific period in one's life with the opportunity for growth. Picking a career is one of the most important things that most individuals do in life. It is therefor necessary to choose a career that is in line with one's interest, capabilities and passion. The following are steps to be followed in planning a career path, namely;

Step 1: Reflection and Self-Evaluation.

This is the first step involved in career planning. It involves the gathering of  information about oneself that will assist in choosing a career that matches one personality, interests, capabilities and goals.

Step 2: Exploration

Exploration involves looking into various alternative careers that matches one's personality. This step usually includes specific research on different careers to make a decision on a specific career that best fits one's requirements.

Step 3: Decision-Making and Goal Setting.

In this step, one decides on the specific career that they want to pursue. They also set achievable goals and timelines that the goals need to be achieved.

Step 4: Gaining Experience.

In this step, one looks for relevant experience in that career field. This usually involves the seeking of potential jobs that will ensure career growth that is in line with their goals.

Step 5: Implementation.

Once all the steps have been identified, one can now implement everything on the plan. This actually involves the putting the plan into action.

8 0
3 years ago
Pacific Division has the following information:
Luden [163]

Answer:

it will be a net loss of 560,000

It is better to produce at a loss of 60,000 than a loss of 620,000

That's because, the Division cover a good portion of their allocate fixed cost.

Explanation:

The fixed expense are allocate cost. Are unavoidable cost It will remain even if the division is dropped.

The sales and variable cost will be zero.

\left[\begin{array}{cccc}&Continued&Discontinued&Differential\\Sales&1,200,000&0&-1,200,000\\Variable&-640,000&0&640,000\\Allocate cost&-620,000&-620,000&0\\Result&-60,000&-620,000&-560,000\\\end{array}\right]

After posting the values, we calculate the differential income.

In this case it will be a loss for 560,000

5 0
3 years ago
Unlimited liability for sole proprietors means that​
astraxan [27]

Answer:

Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own

6 0
2 years ago
Jay and jim spears own a lawn irrigation system business. they perform installations and maintenance of these systems. several o
Stells [14]

 

Jay and Jim does not only take a chance that a bigger problem may occur, since they foresee that there is a risk if they permit an illegal worker to drive a truck and has an accident on the job but they are also indirectly setting the ethics code for their firm.





8 0
3 years ago
State a reason to justify that marketing is a beneficial concept.​
AnnyKZ [126]

Answer: marketing is beneficial to customers because they can receive lower price they can receive new and improved products and it is also beneficial to the business because it allows businesses to maintain long-lasting and ever-present relationships with their audience

4 0
3 years ago
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