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vichka [17]
3 years ago
6

Why is it important to invest for your retirement? please explain :p

Business
1 answer:
netineya [11]3 years ago
5 0
So that you become self-sufficient and have more control over your life in the future you don’t need to depend on Social Security, Medicare, or even relatives which are unreliable sources that you can’t control.
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You want to start a business that you believe can produce cash flows of $44,000, $61,000, and $80,000 at the end of each of the
madam [21]

The present worth of this business it has been calculated is given as $302,898.

How to solve for the worth of the business

<u>In the first year</u>

Cash flow = 44000

PVF at 9.7% = 0.91158

The present value = 0.91158 * 44000

= $40106

<u>In the second year </u>

Cash flow =  $61,000,

PVF at 9.7%  = 0.83097

The present value = $50689.17

<u>In the third year</u>

Cash flow = $80,000

PVF at 9.7% = 0.7575

The present value = $60600

<u>In the 4th year </u>

Cash flow = $200,000

PVF at 9.7% = 0.7575

The present value = $151,500

The worth of the business today is going to be the sum of all the present values

=  $151,500 + $60600 +  $40106.52 + $50689.17

= $302,898

Read more on present value here: brainly.com/question/20813161

#SPJ1

5 0
2 years ago
Provide a comprehensive discussion of information asymmetry in financial intermediation.
Zigmanuir [339]

The introduction of intermediaries helps in minimizing the asymmetric information gap by becoming experts.

<h3>What is information asymmetry?</h3>

Information Asymmetry deals with the study of decisions in transactions where one party has more or better information.

The financial intermediary establishes trust by providing a form of guarantee of investment performance to the buyer of securities and a fair price to the sellers of securities.

Learn more about Information asymmetry here:

brainly.com/question/14121291

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3 0
2 years ago
Two guys walk into a bar; the third one ducks. If these three men acted independently, and the probability is 0.7 that a person
allsm [11]

Answer:

0.063

Explanation:

Given

Probability of a person to not enter into a bar or ducking   is 0.7

Probability of a person to  enter into a bar  

1 - (Probability of a person to not enter into a bar or ducking)

Substituting the given value, we get

Probability of a person to enter into a bar  

= 1 - 0.7 \\= 0.3

Total three men attempts to enter into the bar and their course of action is independent of each others

Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities

= 0.7 * 0.3 * 0.3\\= 0.063

7 0
4 years ago
How cash inflow and outflow affects the components of a financial plan
Mrrafil [7]
Budgeting depends on cash inflow and​ outflow, and how much you have left affects investment​ decisions, retirement​ decisions, and financing decisions. ... All financial goals must be reasonable and achievable.
6 0
3 years ago
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the
Maslowich

Answer:

The answer is 44.84%

Explanation:

39% tax bracket takes back the advantage of the lower 15% and 25% tax rates.

The process will finish once the income that is taxable gets to $10 million.

Therefore, you can get the tax attributable to taxable income which ranges from $335,000 to $10 million by using all the rates in the above schedule or, more simply, by multiplying by 34%

208000*34% = 50000*15% + 25000*25% + 25000*34% + 108000*T%

70720 = 22250 +108000*T%

T=44.84%

3 0
3 years ago
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