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lesantik [10]
2 years ago
7

you are planning to make monthly deposits of $140 into a retirement account that pays 13 percent interest compounded monthly. If

your first deposit will be made one month from now, how large will your retirement account be in 25 years
Business
1 answer:
VashaNatasha [74]2 years ago
7 0

Answer:

FV= $314,365.69

Explanation:

Giving the following information:

Monthly deposti= $140

Number of months= 25*12= 300

Interest rate= 0.13/12= 0.01083

<u>To calculate the future value of the investment, we need to use the following formula:</u>

<u></u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {140*[(1.01083^300) - 1]} / 0.01083

FV= $314,365.69

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Which of the following promotion mix approaches involves a producer promoting a product to different channel members who in turn
bulgar [2K]

Answer:

Push strategy

Explanation:

A Push strategy is originated from the push and pull concept in the logistics. This strategy refers to the concept of producers pushing their products into different channels and then those channels will further market and advertise their products. This strategy is one of the various channel strategies that is used by producers.

One of the example would be Walmart which uses push strategy over pull.

I hope the answer is helpful. Thanks for asking.

6 0
3 years ago
Suppose total benefits and total costs are given by B(Y) = 100Y − 8Y2 and C(Y) = 10Y2. Then marginal benefits are: 14) ______
Dahasolnce [82]

Answer:

C) 100 − 16Y

Explanation:

The computation of the marginal benefit is shown below:

The marginal functions represent the derivatives with respect to the total functions as compared to Y.

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d (100Y - 8Y^2} ÷ dY

= 100 -16Y

Therfeore the option c is correct

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3 years ago
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8 0
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The general designation of computer programs for performing tasks is called
elena55 [62]
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Why will the face value of a bill of currency never change?
Softa [21]
I would think A the inflation rates are controlled
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