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WINSTONCH [101]
2 years ago
13

at the time of retirement a couple has $250,000 in account that pays 8.4% compounded monthly. if the couple decides to withdraw

from the account monthly for 10 years, how much should they withdraw every month if they don’t want any money in the account after those 10 years?
Business
1 answer:
MArishka [77]2 years ago
4 0

Answer:

Millions

Explanation:

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Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year: Seward Charles Sa
stealth61 [152]

Answer:

The amount incurred by Charles division in the direct fixed cost is $20,250

Explanation:

The computation of the amount incurred in the direct fixed cost is shown below:

Direct fixed cost is

= Charled fixed cost - common fixed cost ÷ 2

= $170,700 - ($300,900) ÷ 2

= $170,700 - $150,450

= $20,250

hence, the amount incurred by Charles division in the direct fixed cost is $20,250

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0
3 years ago
Abigail is the owner of a tract of land, but Umberto owns the mineral and excavation rights to that land. Umberto commences exca
Andrej [43]

Answer:

A, absolutely liable for any collapse.

Explanation:

In the cause of excavation of mineral resources on the land Umberto has mineral and excavation rights for, the surface of the land collapses.  This makes Umberto liable for the collapse of the surface of the land and Abigail can have a case against him for destruction of property.

Cheers.

5 0
3 years ago
Read 2 more answers
The owner of a soccer team and local stadium has commissioned a study that showed the demand by fans for stadium seats (per play
AVprozaik [17]
The most probable answer here should be the teams playing. Each of the fans will have to support their favorite team, making the stadium be in more demanding situation if the fans' favorite teams are on play. The number of seats will most likely sell out during this period.
4 0
3 years ago
Which of the following statements reflects upon the difficulty companies face when requiring international suppliers to follow e
lesya692 [45]
The one that reflects upon the trouble organizations confront while requiring global providers to take after natural and human rights principles set by U.S. firms is that both financial matters and culture go into the discourse of reasonableness concerning universal providers who work with U.S. firms.
6 0
4 years ago
Decision #1: Which set of Cash Flows is worth more now?Assume that your grandmother wants to give you generous gift. She wants y
7nadin3 [17]

Answer:

Option A is the more convinient.

Explanation:

Giving the following information:

She wants you to choose which one of the following sets of cash flows you would like to receive:Option A: Receive a one-time gift of $ 10,000 today. Option B: Receive a $1500 gift each year for the next 10 years. The first $1500 would be received 1 year from today. Option C: Receive a one-time gift of $18,000 10 years from today.

We will assume a discount rate of 10%.

Option A:

Present value= $10,000

Option B:

Final value= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1500*[(1.10^10)-1]/0.10= 23,906.14

PV= FV/(1+i)^n

PV= 23,906.14/1.10^10= $9,216.85

Option C:

PV= 18,000/1.10^10= $6,939.80

8 0
3 years ago
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