Answer:
You would need $14,382.21 to maintain your purchasing power.
Explanation:
Giving the following information:
You would like to retire in 30 years. The expected rate of inflation is 2% per year. You currently have a standard of living that requires $7940 of monthly expenses.
<u>The inflation rate has the same intrinsic behavior as an investment with a compounded interest rate.</u>
<u></u>
We need to use the following formula:
FV= PV*(1+i)^n
FV= 7,940*(1.02^30)
FV= $14,382.21
You would need $14,382.21 to maintain your purchasing power.
Emily should ask herself the following questions:
“If I buy the designer jacket, is it going to increase value in the future so I can sell it?”
“Can I afford the designer jacket?”
“Is the cheaper jacket good quality?”
Explanation:
Every year's investment on the physical capital may decrease the profit rate of the company though it is true that the fast computers and technological items can improve the productivity of the workers.
Every year investment is not required for the employees from company's point of view as they think it is over expending on the products which are not necessary and relevant.
Answer:
Explanation:
X001 Sales volum = 3000*$20 = $60,000
X002 Sales volum = 3000*$10 = $30,000
Total $90,000
Allocated to X002 based on sales volum is 33.33% (30,000/90,000) of the 60,000, which is $20,000
Cost per unit of X002 is $6.67 ($20,000/3,000). Sells 1000 units, $6.67*1000 = $6670.
Gross profit = Revenue $10,000 - Cost $6670 = $3330 in gross profit
<span>According to the most recent data available, there are approximately
two million noncustodial mothers in the united states.
</span>
<span>A custodial parent is the term for a
parent who has lawful and physical guardianship of their kid. There are around
13.7 million single guardians in the United States. Of these single parents,
84% of custodial guardians are moms and 16% are fathers. A non-custodial parent
does not have legitimate or physical guardianship of their kids, which is
typically chosen by a court. Half of non-custodial moms are thoroughly default
on help, which implies they struggle or can't pay for the help their families need.</span>
