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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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2) Assume that you invest 5 percent of your salary and receive the full 5 percent match from East Coast Yachts. What EAR do you
erastovalidia [21]

Answer:

The EAR you earn from the match is 100%.

Explanation:

Because you will receive a full 5% match if you invest 5% of your pay, this means you will earn 100% of the match up to 5%.

For instance, if you put in 5% of your salary which is determined to be $500 (i.e. $10,000 salary * 5%), East Coast Yachts will match that amount up to $500. This means that you will receive a 100 percent effective annual return (EAR) from the match.

As a result, the EAR you earn from the match is 100%.

3 0
3 years ago
The Cornelius Company has an ROE of 14.4 percent and a payout ratio of 30 percent. What is the company’s sustainable growth rate
Kipish [7]

Answer:

11.21%

Explanation:

Calculation for What is the company’s sustainable growth rate

Sustainable growth rate=ROE*b/1-ROE*b

Let plug in the formula

Sustainable growth rate=14.4%*(100%-30%)/1-=14.4%*(100%-30%)

Sustainable growth rate=14.4%*70%/1-14.4%*70%

Sustainable growth rate=0.1008/0.8992

Sustainable growth rate=0.11209*100

Sustainable growth rate=11.21% approximately

Therefore the Sustainable growth rate will be 11.21%

3 0
2 years ago
Liabilities and owner's equity of a company are $150,000 and $30,000, respectively. Determine assets using the accounting equati
ArbitrLikvidat [17]

Answer:

Assets: 180,000

Explanation:

Accounting Equation Formula:  

Assets = Liabilities + Owner's Equity

The accounting equation shows which resources the company has for the development of its activities and how they are financed. Assets are those mentioned resources, such as cash, bank accounts, inventory, etc. Those assets can be financed by external or internal sources. Liabilities represent external sources, which means, obligations. Instead, Owner's Equity represents internal sources, which means issuing equity shares. As every resource have to be finance either external or internally, the value of the Asset should match the add of Liabilities and Owner`s Equity.

7 0
3 years ago
A company can best accomplish diversification into new industries by:
lara31 [8.8K]

Answer and Explanation:

Option B is the correct answer

B) acquiring a company already operating in the target industry, creating a new business from scratch, or forming a joint venture with one or more companies to enter the target industry.

4 0
2 years ago
What are the things found in a bank​
alexandr402 [8]

Sentences......

Writing.....

Poems.....

Drawing......

Cursive......

Words......

Or just a blank.....

4 0
3 years ago
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