Answer:
Expected withdrawal is $45,000 for 30 years = total of $1,350,000
You will be required to invest in $25.063 every year.
Explanation:
By applying the goal seek formula in excel to determine the annual invested fund, based on a compounded interest rate of 6% over a duration of up to a maximum of 25 years from Year 0, we can clearly see that Savings ought to be $25,063 for every year.
The future Value of each saved fund is derived and added to future value of each years subsequent saved fund to arrive at a total expectation of $1,350,000 expected value after 25 years (i.e. $45,000 annual withdrawal x 30 years of withdrawal)
This brings total savings to $626,572 for the entire 25 years
Kindly refer to the attachment for breakdown of workings.
A and C
Life insurance and auto insurance increases with age.
It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.
<h3> Corporate Ethics</h3>
Business ethics (also known as Corporate Ethics) is a state of applied ethics or experienced ethics, that explores ethical principles and moral or ethical concerns that can arise in a enterprise environment. It spreads to all aspects of business conduct and is applicable to the conduct of individuals and entire associations.
<h3>What are the type business ethics?</h3>
(i) Politics without Principles
(ii) Wealth without Work
(iii) Commerce without Morality
(iv) Knowledge without Character
(v) Pleasure without Conscience
(vi) Science without Humanity
(vii) Worship without Sacrifice.
To learn more about business ethics visit the link
brainly.com/question/27824491
#SPJ4
Answer:
internship
Explanation:
A student or traniee who works in an organization, sometimes without pay, in order to gain work experience or satisy requirements for a qualification.
