Answer:
$88,321.59
Explanation:
Assuming that inflation remains constant at a rate of 2% over 40 years, this problem can be treaded as an annually compounded interest problem, with a principal of $40,000 at a 2% per year rate for 40 years.
The equivalent annual income (E) adjusted for inflation is given by:
In 40 years, the equivalent retirement income will be $88,321.59.
Answer:
A) Maximize their market share.
Explanation:
Companies which believe higher sales volume will drive the cost down (& profits upward) will need to sell more of their products to achieve this target.
For example, if a bike manufacturer thinks that he can reduce cost by higher number of sales, he must maximize his market share and target more and more people to buy the bikes, let it be child, millennial, parents, everyone.
This will derive the sales volume to be higher and the costs to be lower (& higher long-run profits).
Answer:
14.34%
Explanation:
To find the percentage of returned surveys over the total we divide and then multiply:
(717/5000)*100= 14.34%
The response rate appears to be low because it is less than 50% (which would be 2500 return surveys). Some statistical studies agree that 30 is the minimum number of observations a study must have, but this number does not ensure statistically significant results.
The problem with a very low response rate is that survey´s answers does not significant represent the study population characteristics and so we cannot make inferences, correlations or regressions that are statistically significant. In this case, the conclusions that scientists make about association between the left-handed population and right-handed population with the use of cell phone calls could be wrong or not represent the population characteristics, which means answers are not trustful.
The most important to succeed in your job is A. SHOWING UP AND BEING ON TIME.
Showing up and being on time will serve as proof of your dedication to your job as well as a reflection of your character. It shows that you are committed to your job and is an asset to your employer.
Answer:
In a fractional reserve banking system, banks keep a fraction of deposits as reserves and use the rest to make loans. The Fed establishes reserve requirements, regulations on the minimum amount of reserves that banks must hold against deposits. ... Banks' liabilities include deposits, assets include loans & reserves. What are true statements about the history of the fractional banking system? -Traders would deposit their gold with goldsmiths. -Goldsmiths issued paper receipts in excess of the amount of gold held. -Goldsmiths put the paper receipts into circulation by making loans.