Answer:
Annual payment= $57,928
Explanation:
Giving the following information:
Allison and Nick anticipate they will require an annual income of $50,000 when they retire 15 years from now.
They expect to receive Social Security benefits of $20,000 per year at that time. In calculating their retirement savings need, the couple is assuming a 3% annual rate of inflation, an 8% return on investments, and a 25-year retirement period.
First, we need to calculate how much money they need on retirement:
25 years * 50000= $1,250,000
i=8%-3%= 5%
To calculate the annual payment we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,250,000*0.05)/[(1.05^15)-1]= $57,928
Look them up, ask others for help with it getting a degree would be a lot of money
Answer:
No
Explanation:
Sole proprietorships are businesses owned by one person. The owner raises the capital by themselves, either through savings, donations, or borrowing. The law does not distinguish the owner and the business. Business assets and liabilities are deemed to belong to the owner.
A sole proprietorship cannot raise funds from the stock exchange. Raising funds from the stock exchange involves issuing shares, bonds, or other marketable securities authorized by the stock exchange authority. A sole proprietorship cannot meet the requirement to trade in the stock exchange. Issuing of stock will imply investors will become owners of the business. This is not possible as a sole proprietorship can only have one owner.
Answer:
B. increases the demand for U.S. dollars.
Explanation:
Foreigners buying US goods and services will need the US dollar to complete the transactions. For them to acquire the US dollar, they will have to exchange their local currencies with the dollar. In other words, they will use their domestic currencies to buy the US dollar.
Foreign exchange is the term used to describe transactions involving buying and selling of currencies.
As foreigners buy US goods and services, they will cause the demand for the US dollar to rise. In the foreign exchange market, currencies are the commodities. If the US dollar is ordered more, its demand will increase. Like other goods, an increase in demand will lead to an increase in price. If foreigners demand more of US goods and services, the US dollar will appreciate in value.
Answer:
That are unforeseen or unpredictable circumstances
Explanation:
Mike and Natalie enter into a contract for a sale of ninety specially made motion detectors. When Natalie does not deliver within a reasonable time after the agreed delivery date, Mike files a suit for breach. Natalie claims the doctrine of commercial impracticability. This doctrine extends only to problems that are ___That are unforeseen or unpredictable circumstances example time______.