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serg [7]
3 years ago
15

What are two main reasons for having a savings account

Business
2 answers:
Sonbull [250]3 years ago
5 0

Answer:

to start building wealth

and for easy accessibility (emergency funds are there)

poizon [28]3 years ago
4 0
Encourages financial stability
Safety against a loss of funds
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a geometric shapes such as the a pyramid

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Using the image above, which section of the letter is the opening?
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I would say 2 but given the options (A. 3)

Explanation:

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What body of people do not have to worry about raising capital?
vova2212 [387]
The answer you’re looking for is
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3 years ago
5) Explain the difference between value analysis and value engineering.
MariettaO [177]

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5 0
2 years ago
a retirement plan guarantees to pay you a fixed amount for 25 years. at the time of retirement, you will have $100,000 to your c
tatiyna

Answer:

The annual benefits will be$8,581.05

Explanation:

The applicable formula is the present value of an ordinary annuity,which is given as;

PV=A*(1-(1+r)^-N)/r

PV is the amount that would be in the plan at retirement which is $100,000

A is the annual benefits which is unknown

n is the number of years the investment would take which is 25 years

r is the rate of return on investment which is 7%

A=PV/(1-(1+r)^-N)/r

A=100000/(1-(1+7%)^-25/7%

A=100000/1-(1.07)^-25/0.07

A=100000/(1-0.184249178 )/0.07

A=100000/11.65358317

A=$8581.05

5 0
3 years ago
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