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Zanzabum
2 years ago
12

You have just made your first $5,837 contribution to your retirement account. Assume you earn a return of 9.8 percent per year a

nd make no additional contributions. What will your account be worth when you retire in 45 years
Business
1 answer:
Dmitrij [34]2 years ago
3 0
25,741.17
because you multiply 0.098x5,837x45! hope this helps!
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Castelda company issues zero coupon bonds which mature in 30 years. These bonds can be bought for $999.38 and then pay no annual
professor190 [17]

Answer:

16.59%

Explanation:

We are given the present value of the bonds, their future value and the time, we need to calculate the rate:

FV = PV (1 + rate)ⁿ

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100,000 = 999.38 (1 + rate)³⁰

(1 + rate)³⁰ = 100,000 / 999.38 = 100.062

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8 0
2 years ago
1.3.2 Quiz: Income and Career
sukhopar [10]

Answer:

a

Explanation:

4 0
3 years ago
The Phelps Company's common stock is currently trading for $25.50 per share. The stock is expected to pay a $2.80 dividend at th
Lynna [10]

Answer:The correct option is C  = 0.98%

Explanation:

Ok so we do 25.50 - 2.80 because its being taken out

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Hope this helps :)

3 0
2 years ago
For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to
vagabundo [1.1K]
The answer is $230,000. For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to $230,000
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