Answer:
The correct answer is D: $10,329
Explanation:
Giving the following information:
You want to have the equivalent of $700,000 (in terms of today's spending power) when you retire in 30 years. Assume a 3% rate of annual inflation. The interest rate is 10% annual.
First, we need to determine how much is $700,000 in 30 years.
FV= PV*(1+i)^n
FV= 700000*(1.03^30)= $1,699,083.73
Now, we can calculate the annual payment required using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,699,083.73* 0.10)/[(1.10^30)-1]= $10329
Answer:
TuneCore, Audiomack(for People to listen), Spotify, Google Play Music, and Apple Music...
Explanation:
Answer:
extrinsic rewards
Explanation:
Extrinsic rewards are tangible, material and visible rewards. Money, promotions or trophies are examples of extrinsic rewards. For a reward to be considered extrinsic, it must be visible and made public.
For example, during a special ceremony, a golden watch is given to all the employees that have been working for the company during the last 30 years.
Answer:
In the transfer of rights, Taylor is an assignor
<u>Explanation:</u>
An assignor is an individual, organization, or other substance that moves rights that they hold to another element. The assignor transfers to the trustee. For instance, a group the assignor that goes into an agreement to sell a bit of property can dole out the returns or advantages of the agreement to an outsider (the chosen one, for example, philanthropy or a trust.
The task of rights regularly happens upon death to deal with the perished home, or through an intensity of lawyer to manage lawful or budgetary undertakings of a person.
Answer:
Option (c) is correct.
Explanation:
Given that,
Sales = $ 2,000.00
Costs = 1,400.00
Depreciation = 250.00
EBIT = $ 350.00
Interest expense = 70.00
EBT = $280.00
Taxes (25%) = 112.00
Net income = $168.00
Net operating profit after taxes (NOPAT):
= EBIT × (1 - tax rate)
= $350 × (1 - 25%)
= $350 × 0.75
= $262.50
Therefore, the net operating profit after taxes (NOPAT) is $262.5.
