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Afina-wow [57]
3 years ago
14

How much will Marie have in her retirement account in years if her contribution is ​$ per year and the annual return on the acco

unt is ​%? How much of this amount represents​ interest? The amount Marie will have is:_________
Business
1 answer:
Ira Lisetskai [31]3 years ago
4 0

Answer:

The amount is constant so is an annuity and the value at the end of 10 years is the future value of an annuity.

Future value of annuity = Annuity * Future value interest factor of annuity, 10 years, 6%

= 7,000 * 13.1808

= $‭92,265.6‬0

Value at the end of 10 years is ‭$‭92,265.6‬0.

The interest is;

= ‭92,265.6‬0 - (7,000 * 10 years)

= ‭92,265.6‬0 - 70,000

= $22,265.60

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-0.01 billion is lilliput's  a budget deficit. Total expenditure minus total receipts is the fiscal deficit (excluding borrowings). Revenue outlays plus capital outlays are equal to the revenue inflows plus capital inflows minus borrowings.

Despite being primarily utilised by governments, this has a wide range of applications for both people and companies. A government has a budget deficit when it spends more in a given inflows than it brings in the through taxes, for example. As a straightforward illustration, consider a government that receives $10 billion in revenue one year but spends $12 billion, creating a $2 billion budget deficit.

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7 0
1 year ago
National sales meetings, training meetings, product introductions, and dealer/customer meetings are all examples of what type of
lutik1710 [3]
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5 0
4 years ago
If the U.S. capital markets are not informationally efficient, ______.A. the markets cannot be allocationally efficientB. system
Firdavs [7]

Answer:

A. the markets cannot be allocationally efficient

Explanation:

If the U.S. capital markets are not informationally efficient, the markets cannot be allocationally efficient

5 0
3 years ago
Assume you have a business that provides products to older people. Looking ahead, you have reason to expect ________Assume you h
butalik [34]

Answer:

increasing sales, because your target population is increasing in size.

Explanation:

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6 0
3 years ago
Sarah has prepared a script for the animation she wants to create. What is the next step she should follow? A. storyboarding B.
Ivenika [448]

Answer:

The correct answer is option D. choosing an animation tool

Explanation:

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I hope the answer was helpful.

Thanks for asking.

7 0
3 years ago
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