Answer:
Annual deposit= $60,982.31
Explanation:
Giving the following information:
Future Value= $2,500,000
Number of periods= 20 years
Interest rate= 0.07
<u>To calculate the annual deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (2,500,000*0.07) / [(1.07^20) - 1]
A= 60,982.31
Answer:
D.Being punctual, managing time and enforcing polices.
Jan has just found out that she has been appointed to raise and provide the personal care of the children of her best friend in her will. Jan considered in this will as guardian.
What does guardian do?
A guardian is answerable for an elder or minor ward's personal care, which includes housing and medical care. Guardian make certain that their ward has an area to stay, including the guardian's domestic, with a caretaker, or in an assisted living or full-care facility.
Who's guardian in own family?
A guardian is normally a close blood relative of the kid. this is usually a person who has spent some time with the kid, has some emotional or relational connection to them, and is acquainted with the kid's needs. this will be the kid's grandparent, aunt/uncle, or different relative.
What is a guardian for a kid?
A guardian is a person who has the legal authority to attend to a baby have to whatever appear to the parents. Guardians are answerable for taking all parental choices and can also be chargeable for coping with a toddler's property and inheritance.
Why might a infant want a guardian?
A child guardian will be needed in a toddler matter wherein the pursuits of the kid won't be represented. this may generally occur when the social services are involved in the court cases and there is an problem with the dad and mom potential to appearance after the wishes and interests of the kid.
Learn more about guardian here:- brainly.com/question/27768834
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In the context of business management, the purpose of budgeting includes the following three aspects:
•A forecast of income and expenditure (and thereby profitability)
•A tool for decision making
•A means to monitor business performance
