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NemiM [27]
2 years ago
13

If you begin investing at age 25 instead of age 20, how much more do you need to invest per month to have $1M at retirement?

Business
1 answer:
DanielleElmas [232]2 years ago
8 0

The logic behind saving for retirement is that the earlier one begins saving for retirement, the lesser amount they will have to save monthly. From the graph given, the answer to how much more you need to invest per month to have $1M at retirement is;

  • $140

Assuming a 6% investment on return, the individual will have to save $360 monthly to have $1,000,000 at the retirement age of 67.

If he, however, waits till the age of 25 to begin saving, he will have to save $500 which is $140 more than he would have saved from the age of 20.

So, to save less per month, you need to start at an early age.

Learn more here:

brainly.com/question/5837034

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Bethesda Biosys issues an IPO on a best-efforts basis. The company's investment bank requires a spread of 18 percent of the sell
Andrej [43]

Answer:

Bethesda Biosys

Issue of an IPO:

Net proceeds for the issuer is $82 million, if all the 4 million shares are bought by investors.

Explanation:

a) Calculations:

The spread is $4.5 (18% of $25) per share, since average selling price is $25.

Therefore, the net proceed per share is $20.50 ($25 - 4.50).

And the Total Net Proceeds = $82 million ($20.50 * 4 million), assuming that all four million shares were bought by the public.

Note that the question did not provide the necessary information to make the final decision.

b) During the issue of securities, especially an IPO, underwriters, such as investment banks, pay an issuing company for the securities and then sell the securities to the public.  There is always a difference per share price that they are willing to pay the issuer and what they will collect from the investing public.  That difference is called the underwriting spread or simply the spread.

c) Best-Efforts Basis: According to investopedia.com, underwriting on best-effort basis is "an agreement between an underwriter and an issuer in which the underwriter agrees to place as much of an offering with investors as possible, but is not responsible for any portion of the offering it fails to sell."

4 0
3 years ago
Dave's marketing research returned the finding that customers were staying away from his bookstore because of a lack of services
-BARSIC- [3]

Answer: Knowledge gap

Explanation:

 The knowledge gap is one of the concept that helps in explaining the lack of knowledge about the specific concept and by identifying our own abilities, skills and knowledge we can easily identity our main factor of the lack of knowledge.

According to the given question, Dave is basically suffering from the knowledge gap as Dave is unaware about the fact that why people are satisfying away from his store.

 Based on the marketing research method he analyze that due to the lack of various types of services such as no return policies, gift cards offers and also the various types of special discount offers the people shows no interest in his book store.

 Therefore, Knowledge gap is the correct answer.  

6 0
3 years ago
Under Armour (UA) opened a 15,000-square-foot store in Shanghai, China, which is its largest international brand store location.
Alexandra [31]

Answer:

It represents the strength of the company.

Explanation:

The reason is that strengths are the resources or uniqueness of the company that are used to oppose threats and exploit opportunities. The biggest store in Shanghai is the uniqueness of the company, so it represents its strength.

4 0
3 years ago
Which piece of information would most accurately be written down regarding references for your potential employer?
Alexxx [7]
B.) Relationship to reference
4 0
3 years ago
Read 2 more answers
Gordon Chemicals Company acquires a delivery truck at a cost of $31,000 on January 1, 2017. The truck is expected to have a salv
finlep [7]

Answer:

First Year Depreciation: 12,400

Second Year Depreciation: 7,440

Explanation:

straight-line depreciation \times 2 = \frac{1}{5} \times 2 = \frac{2}{5}

\left[\begin{array}{ccccc}Year&Beginning\:Book&Dep \:Expense&Acc\:Dep&Ending\:Book\\0&-&-&-&31000\\1&31000&12400&12400&18600\\2&18600&7440&19840&11160\\3&11160&4464&24304&6696\\4&6696&2678.4&26982.4&4017.6\\5&4017.6&2017.6&29000&2000\end{array}\right]

To calculate each period depreciation we multiply the book value by the double-declining rate of 2/5

At the last year, you will depreciate until salvage value is reached.

5 0
3 years ago
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