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Delicious77 [7]
2 years ago
6

Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 4 percent until you retire in 40 years. Yo

u believe that interest rates will increase over the next year and you would be offered 4.6 percent per year one year from today. If you plan to deposit $11,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit
Business
1 answer:
Shtirlitz [24]2 years ago
5 0

Answer:

$10,741

Explanation:

The computation of the more amount is shown below;

Here we have to determine the future value i.e.

As we know that

Future value = Present value × (1 + rate of interest)^number of years

For option A

= $11,000 × (1 + 0.04)^40

= $52,811

For option B

= $11,000 × (1 + 0.046)^39

= $63,552

Now the more amount is

= $63,552 - $52,811

= $10,741

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People can make poor investments, fail to add to their savings, and decide to spend their money rather than saving or investing.

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3 years ago
Desktop management__________.a. increases the cost of configuration management over the long termb. requires managers to install
ryzh [129]

Answer:

C) automatically produces documentation of software installed on each client computer

Explanation:

Desktop management refers to managing all the company's computers. Even though the word desktop is used, it includes managing and overseeing all the devices of the organization including laptops, tablets and even smartphones. Desktop management is a part of systems management.

8 0
3 years ago
When the government deregulates an industry, what does it expect will happen?
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Please mark me as Brainliest
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They expect to not be having to regulating the industry anymore, or concern them selves regarding regulations of the said industry.
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3 years ago
Read 2 more answers
Duff Inc. paid a 2.34 dollar dividend today. If the dividend is expected to grow at a constant 1 percent rate and the required r
Akimi4 [234]

Answer:

$24.60

Explanation:

The computation of the price for 4 years from now is shown below:

Price = Dividend ÷(Required rate of return - growth rate)

where,

Dividend is

= Dividend × (1 + growth rate)^number of years

= $2.34 × (1 + 0.01)^5

= $2.46

All the other items would remain the same

So, the price is

= $2.46 ÷ (11% - 1%)

= $24.60

8 0
2 years ago
Which of the following is recorded in a country’s balance of payments accounts?
nalin [4]

Answer:

Considering there are no options to pick from, the following accounts are recorded in a country’s balance of payments accounts:

1. the current account

2. the capital account

3. the financial account.

Explanation:

Therefore;

1. The current account is part of the country’s balance of payments accounts to define the inflow and outflow of goods and services into a particular country.

2. The capital account is also a country’s balance of payments account that documents all the international capital transfers of a country.

3. The financial account is part of the country’s balance of payments accounts where the international monetary flows concerning the investment in the business, real estate, bonds, and stocks are fully recordsd.

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3 years ago
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