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Sergio [31]
2 years ago
11

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Business
2 answers:
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7 0

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5 0

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Your uncle has $340,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, star
timama [110]

Answer:

17.27 years

Explanation:

For this question we use the NPER formula that is shown on the attachment below:

Provided that  

Present value = $340,000

Future value = $25,000

PMT = $35,000

Rate of interest = 7.5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the number of year is 17.27 years

5 0
3 years ago
The equilibrium between possible threats and prospective compensation is known as​ ________.
stiv31 [10]
The equilibrium between possible threats and prospective compensation is known as risk/return trade-off.
4 0
2 years ago
1.Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically
jolli1 [7]
In this situation, the Average fixed cost wll be INCREASED.

AFC (average fixed cost) is calculated by adding up all total fixed cost within a certain period and divide it with the total years. If a business experienced an increased in any way to its fixed cost, the average will automatically increased.
5 0
3 years ago
Which of the following statement(s) is/are False? Assume a positive interest rate
gtnhenbr [62]

Answer:

False Statement:

B. Only II is False.

Explanation:

If the cash flow from a project is farther out, the present value will be lower, all else being equal.  This is because of the time value of money.  This concept states that the money you receive today is higher in value than the same amount received in the future.  And if the future is father out, then the value of the money will continue to reduce in relative value based on this time value of money concept.

5 0
3 years ago
What do you call a person who calls your bank or other financial institution pretending to be you or someone else who is authori
frosja888 [35]

A pretexter is a person who calls your bank or other financial institution pretending to be you or someone else who is authorized on the account.

What is pretexting?

  • Pretexting is the act of creating and using an invented scenario (the pretext) to engage a targeted victim in a manner that increases the chance the victim will divulge information or perform actions that would be unlikely in ordinary circumstances.
  • An elaborate lie, it most often involves some prior research or setup and the use of this information for impersonation (e.g., date of birth, Social Security number, last bill amount) to establish legitimacy in the mind of the target.
  • As a background, pretexting can be interpreted as the first evolution of social engineering, and continued to develop as social engineering incorporated current-day technologies. Current and past examples of pretexting demonstrate this development.
  • This technique can be used to fool a business into disclosing customer information as well as by private investigators to obtain telephone records, utility records, banking records and other information directly from company service representatives.
  • The information can then be used to establish even greater legitimacy under tougher questioning with a manager, e.g., to make account changes, get specific balances, etc.
  • Pretexting can also be used to impersonate co-workers, police, bank, tax authorities, clergy, insurance investigators or any other individual who could have perceived authority or right-to-know in the mind of the targeted victim.
  • The pretexter must simply prepare answers to questions that might be asked by the victim. In some cases, all that is needed is a voice that sounds authoritative, an earnest tone, and an ability to think on one's feet to create a pretextual scenario.

To learn more about Pretexting: brainly.com/question/10311345

#SPJ4

8 0
2 years ago
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