suppose you want to have $400,000 for retirement in 20 years. your account earns 5% interest. a) how much would you need to deposit in the account each month Your account earns 7.9% interest" How often is it compounded? Daily? Monthly? Annually? Since we are going to find out how much you have to save per month I will assume that the interest is compounded monthly
<h3>What is
retirement ?</h3>
Retirement is the cessation of one's employment, occupation, or active working life. Another way to semi-retire is to work fewer hours or with less job.
When they are old or unable to work due to health issues, many people decide to retire. People may also retire when they are eligible for private or public pension benefits, while others are compelled to do so due to legislation governing their jobs or because their physical conditions make it impossible for them to continue working (due to disease or accidents). The concept of retiring was first popularized in the late nineteenth and early twentieth centuries in the majority of nations.
To learn more about retirement from the given link:
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Difficulty hiring and keeping good employees
They talk about it in the video
Answer:
option (C) L(x) = 200,000(x - 0.40)²
Explanation:
Given:
quality characteristic = 0.40
Tolerance = 0.03
Repair cost = $180
Now,
Taguchi loss function is given as:
Loss (in $) = Constant × ( Quality characteristic - Target value )²
For quality characteristic of 'x' target value 't'
and constant A
L(x) = A × ( x - t)²
substituting the given values, we get
$180 = A × (0.03)² [x - t = tolerance]
or
$180 = A × 0.0009
or
A = 200,000
Hence,
Taguchi loss function
L(x) = 200,000(x - 0.40)²
Hence,
the correct answer is option (C) L(x) = 200,000(x - 0.40)²
Answer:
Programmed decision
Explanation:
The programmed decision is the decision which are taken on a daily basis or we can day to day basis or routine basis. It is likely for solving the structured problems
In the given case, since minimum three bids are received and the bid who has less value meets the specification that results in an acceptance
Therefore this case is of Programmed decision
Answer:
The four basic elements of business are:
A. Production, fiance, marketing, and customer service.
Explanation:
These elements make up a business organizational structure. Functional structures and hierarchies revolve around these basic elements. Production in some organizations will be described as operations. It is the core of the business. Revenues that sustain the business are generated from production or operations. Finance handles the revenues and the costs associated with running a business. Marketing ensures that the goods and services from production or operations are made known to customers through research, information acquisition, and customer education. Finally, customer service ensures good relationships between the business and the customers, who are the chief patrons of the business. These essential elements ensure business success.
