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Effectus [21]
3 years ago
8

Shakeria wants to start investing. She decides to put $1,000 in her investment account and then decides to add $5,200 (which is

one hundred dollars per week) into the account at the end of each year. She expects her investments to earn an average of 9% over the next 30 years. How much will she have at the end of the 30 years?
A. $689,364.25

B. $254,369.25

C. $674,689.33

D. $356,543.89

E. $701,055.34

F. $722,066.88
Business
1 answer:
ELEN [110]3 years ago
7 0
F I think the answer is
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Irma has $500 to open a checking account. She wants an account with the lowest fees. She plans to use only her bank’s ATM to dep
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According to my examination I have confirmed that I do NOT repeat do NOT know the answer to this question. Good luck!
6 0
3 years ago
Read 2 more answers
Its investment bankers have told Donner Corporation that it can issue a 25-year, 8.1% annual payment bond at par. They also stat
Nadya [2.5K]

The coupon rate must be set at 9.77%

The after-tax return on the bonds is:

= Annual payment rate * ( 1 - tax rate)

= 8.1% * ( 1 - 40%)

= 4.86%

The investors would like an after-tax return on preferred stock that is more than their bond return by 1% so they would like a preferred return of:

= 4.86% + 1%

= 5.86%

If the Preferred must be issued at par, its coupon rate must be equal its before-tax yield:

= After tax yield / ( 1 - tax rate)

= 5.86% / ( 1 - 40%)

= 9.77%

<em>More on this type of question can be found at brainly.com/question/17126608</em>

8 0
3 years ago
At the beginning of the year, Uptown Athletic had an inventory of $640000. During the year, the company purchased goods costing
Nataly_w [17]

Answer:

Cost of Goods Sold = $1,700,000

Gross Proft = $1,740,000

Explanation:

We solve this assingemtn using the inventory identity:

$$Beginning Inventory + Purchase = Ending Inventory + COGS

We post the given and solve for the missing part:

640,000 + 2,020,000 = 960,000 + COGS

COGS = 640,000 + 2,020,000 - 960,000 = 1,700,000

Next we use the COGS value to calculate the gross profit.

Sales \: Revenues- \: COGS = \: Gross \: Profit

3,440,000 - 1,700,000 = 1,740,000

8 0
3 years ago
If you are uncertain about where to begin looking for a job, why is an employment agency a good place to start?
Neporo4naja [7]
Because they can look at your career goals and see what job is a great place for you. 

Hope this helped : ) 
8 0
4 years ago
Read 2 more answers
Which of the following statements is true of the Age Discrimination in Employment Act?
Nookie1986 [14]

Answer:

The correct option is D: It does not provide protection from reverse discrimination

Explanation:

The Employment Act does not provide protection from reverse discrimination. This means that employers can favor an individual or group who are known to belong to groups that have been subject of discrimination in the past. This is one thing that the Employment Act does not address and thus our answer to the question is D.

7 0
3 years ago
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