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boyakko [2]
2 years ago
13

Your client has decided to invest $2,000 a year (every December 31st) into an IRA over her 40-year working life and then retire.

What will your client have if the account earns 10% compounded annually
Business
1 answer:
laiz [17]2 years ago
4 0

Answer:

FV=$885,185.11

Explanation:

Giving the following information:

Annual deposit (A)= $2,000

Interest rate (i)= 10%

Number of periods (n)= 40 years

<u>To calculate the future value (FV) of the investment, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,000*[(1.1^40) - 1]} / 0.1

FV=$885,185.11

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Answer:

B) $125,000

Explanation:

Price discrimination strategy refers to charging each customer the maximum amount of money he/she is willing to pay for a product.

In this case, the concert promoters should charge $150 per ticket to 1,000 die hard fans  = $150,000 in revenue.

Then it should charge only $50 per ticket to 500 casual fans = $25,000 in revenue.

Total revenue             = $150,000 + $25,000 = $175,000

<u>minus total costs        = ($50,000)    </u>

Net income                 = $125,000

6 0
3 years ago
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Most short term wins are not visible to senior leadership, but are obvious to lower levels of the organization. The senior leadership wants results at the end of a business day and may not recognize the efforts that have been put in place by lower level of the organization for the progress that is noticeable so far.

3 0
3 years ago
Gordon would like to win back his customer by giving him tickets to a major league baseball game, but he knows his company frown
-BARSIC- [3]

Answer: ethical

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Gordon would like to win back his customer by giving him tickets to a major league baseball game, but he knows his company frowns on this type of activity. Gordon is facing ethical dilemma.

Ethical dilemmas, is a dilemma that has to do with morals and principles which involves an option that isn't ethically acceptable. In this scenario, Gordon's company doesn't support activities like giving free tickets to customers and at the same time, he wants to win back his customer. He is faced with ethical dilemma as he's aware that giving out the ticket won't be supported by his company even though to him,it feels like the right thing to do to win back his customer.

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The average is about 3 percent I got to say thats good
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