1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aleksandrvk [35]
3 years ago
11

You want to save for retirement. Assuming you are now 30 years old and you want to retire at age 55, you have 25 years to watch

your investment grow. You decide to invest in the stock market, which has earned about 11% per year over the past 80 years and is expected to continue at this rate. You decide to invest $1,000 today.Required: How much do you expect to have in 25 years?
Business
1 answer:
34kurt3 years ago
6 0

Answer:

Final Value= $13,585.46

Explanation:

Giving the following information:

You decide to invest in the stock market, which has earned about 11% per year over the past 80 years and is expected to continue at this rate. You decide to invest $1,000 today for 25 years.

We need to use the following formula:

FV= PV*(1+i)^n

FV= 1000*(1.11)^25= $13,585.46

You might be interested in
ncreased government spending spurs a short-run expansion. Over time, aggregate supply eventually __________, returning the econo
Natasha2012 [34]

If increased government spending spurs a short-run expansion. The statement that complete the gap is:<u> Shifts to the left</u>, <u>Output endresources.</u>

<h3>What is aggregate supply?</h3>

Aggregate supply can be defined as the overall amount of goods and service  that a firm intend to produce and supply at a point in  time or at a particular period of time.

If an increase in government spending lead to short run expansion this means that there will be shift in  aggregate supply of goods and service as aggregate supply will tend to shift to the left.


Therefore the statement that complete the gap is:<u> Shifts to the left</u>, <u>Output endresources.</u>

Learn more about aggregate supply here:brainly.com/question/19802257

#SPJ1

7 0
2 years ago
Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes a
AleksandrR [38]
$7165.25 hope this help =]
3 0
3 years ago
Read 2 more answers
Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing m
maxonik [38]

Answer:

Malcolm is a professional writer. He has already published many best-sellers. One of his friends expressed interest in knowing more about his writing process, so Malcolm showed his friend a few of his first drafts. The friend observed that the drafts were nothing like the final book, and the writing seemed amateurish compared to Malcolm's published work. When asked about it, Malcolm said that it was the normal way of things. In this scenario, the following is the reason of this:

A) ​Malcolm would have revised his work many times before he was satisfied with it.

Explanation:

  • The option A is best reason because generally a writer doesn't break his or her flow while writing and that is what Malcolm would have done. After, he would have revised his work many times until he was satisfied.
  • The option B is not correct as it is not possible to change the book of a writer entirely by the publishing company.
  • The option C is also incorrect as the drafts were not long and cohesive because his friend found the draft amateurish but not perfect.
  • The option D is incorrect as it is not true that writers only create first draft and other people produce all other subsequent drafts.

4 0
3 years ago
"Calandra Panagakos works for CIBC Currency Funds in Toronto. Calandra is something of a contrarianlong dashas opposed to most o
Ad libitum [116K]

Answer:

Calandra should buy call on Canadian Dollars on C$ $0.7000 $0.00049

Explanation:

If she is expecting the Canadian dollar to appreciate versus the United States Dollar in the future, she would buy a calla that gives her the right to buy Canadian Dollars at a lower price than hers future cost projection.

8 0
3 years ago
If the fed undertakes expansionary monetary policy, it can return the economy to its original unemployment rate but the inflatio
prohojiy [21]

TRUE, If the fed undertakes expansionary monetary policy, it can return the economy to its original unemployment rate but the inflation rate will be higher.

Monetary policy is the macroeconomic policy set by the central bank. It involves the management of the money supply and interest rates, and is the demand-side economic policy adopted by national governments to achieve macroeconomic goals such as inflation, consumption, growth and liquidity.

Monetary policy refers to the measures taken by a country's central bank to control the money supply in order to stabilize the economy. For example, policymakers manipulate the money supply to increase employment, GDP, and price stability using instruments such as interest rates, reserves, and bonds.

Learn more about monetary policy here:brainly.com/question/13926715

#SPJ4

3 0
2 years ago
Other questions:
  • Lisi Crichton operates a variety store. Her brother does custom welding and made some racks to hold videos. Lisi gave her brothe
    15·1 answer
  • A retired woman has $180,000 to invest. she has chosen one relatively safe investment fund that has an annual yield of 9% and an
    11·1 answer
  • Victor works for a company that highly values performance-oriented traits, such as achieving a certain level of sales and increa
    15·1 answer
  • Suppose the U.S. Treasury announces plans to issue $50 billion of new bonds. Assuming the announcement was not expected, what ef
    6·1 answer
  • In 2021, CPS Company changed its method of valuing inventory from the FIFO method to the average cost method. At December 31, 20
    5·1 answer
  • The cost method that will yield the highest taxable income during times of inflation is the a.weighted average inventory cost me
    8·1 answer
  • A city assesses property owners $50 million to extend sewer lines to their neighborhood. By year-end, however, it has not begun
    5·1 answer
  • A very large company would be most likely to have a(n) ___ at the ahead of its accounting department.
    15·2 answers
  • You plan to retire in 30 years and plan to contribute the same amount of money each year to your retirement fund. The fund earns
    5·1 answer
  • HELPPPPP
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!