1. How much money must you set aside at age 20 to accumulate retirement funds of
$100,000 at age 65, assuming a rate of interest of 7 percent?

Answers

Answer 1

Answer:

$4,762.00

Explanation:

The applicable formula is the formula for calculating future values.

Fv= P( I+ r )^ n

where Fv= $100,000

p= principal amount

r= interest rate : 7% or 0.07

n= time or number of period : 65 years - 20 year

$100,000= p x ( 1+0.07)^45

$100,000= p x (1.07)^45

$100,000 = p21.00245

p=$100,000/21.00245

p=$4,761.904

Principal = $ 4,762.00


Related Questions

The questionnn is in the picture

Answers

Answer:

It's -1.75

Explanation:

John Taxpayer had a gross income of $2823,08 and $892.34 in deductions, How
much would John's paycheck be this month?
$1,930.74
$1,900.00
$2,823.08
$3,715,42

Answers

Answer:

$1,930.74

Explanation:

John's paycheck will be the diffidence between the gross income and deductions,

I.e., Paycheck = gross income - deductions

= $2,823. 08 - $892.34

= $1,930.74

wheat are the responsibilities of WTO​

Answers

Answer:

To implement rules and provisions related to trade policy review mechanism. To provide a platform to member countries to decide future strategies related to trade and tariff.

A PDF file is used to display a file as it will look when _______.

Answers

Answer:

a pdf file is used to display a file as it will look when _____.

A pharmacy technician is:

someone who prepares meals for people who are taking medication.

someone who cleans up after a doctor.

someone who assists with measuring medication.

Answers

Answer:

someone who assists with measuring medication

Explanation:

A pharmist will ask you what your medication that is prescribed by doctors

then an pharmacy tecnician will get the prescribition ready

Answer:

c

Explanation:

Select the correct answer.
Job opportunities for dietitians are expected to grow this decade.
A. True
B. False

Answers

The answer is "A" aka true.

Jenson is a senior-level manager in his organization. He makes strategic-level decisions to improve the sales or to increase the profits of the organization. Which information system will reflect the strategic decisions that Jenson makes as a senior manager? A. Executive information system B. Management information system C. Transaction processing system D. Decision support system

Answers

Answer: Management information system

Explanation:

The information system that reflect the strategic decisions that Jenson makes as a senior manager is the management information system.

Management Information System is simply referred to an information system that is used to make decisions and also used for analysing and coordinating information in the organization. It studies the relationship and interaction that exist between the people and the organization.

Answer:

decision support system

Explanation: PLATOOOOOOOOOOOOO

Jobs that require lower level skills have better benefits, like health insurance, than jobs that require a college education. Please select the best answer from the choices provided T F

Answers

Answer:

False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.

Answer: f

Explanation:


16. Demographics are

Answers

Answer:

statistical data relating to the population and particular groups within it.

Explanation:

!!

how is revenue calculated from ticket sales

Answers

Answer:

Total revenue from ticket = Cost of one ticket x Total number of thing

Explanation:

Total revenue = Cost of one thing x Total number of thing

Assume

Cost of one ticket = A

Total number of thing = B

Total revenue from ticket = Cost of one ticket x Total number of thing

Total revenue from ticket = A x B

Total revenue from ticket = AB

2. A flexible tape with different type of measurements essential for taking
body measurements.
a. ruler
b. yard stick
c. hem gauge
d. tape measure​

Answers

I believe the answer is d. Tape measure.

Hope this helps! ^^

NEED ASAP PLEASE
Select the correct text in the passage.
Hussein is writing a response rejecting a customer’s request for a product replacement. Select the text in the passage that shows the reasons he gives for the negative message.

Thank you for writing to us regarding your request for a replacement fan.

To guarantee customer satisfaction, we extend a warranty of 90 days on this product for all our customers. If returned within 90 days, we offer replacements free of charge.

Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement.

As an alternative, we can offer a 20 percent discount on any other product you wish to purchase from our store. We look forward to doing business with you again.

Answers

Answer:

Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement

Explanation:

Hope it helps!

If root 2 = 1.44412 , find the value of root of root 2 minus 1 divided by root 2 plus 1

Answers

Answer:

0.7516567698

Explanation:

I have a good caculator!

According to the Small Business Administration, the percentage of businesses that
survive the first five years is about

Answers

Answer:

50%

Explanation:

You and your brother agree (your mother disagrees) to merge the corporation into a larger insignia brand of third-world
sweatshop-made imitation friendship bracelets called Phooey Buitton (PB) by creating stocks and selling them to PB. You do this
in the midst of the corporate veil lawsuit so that PB absorbs the lawsuit as among BBFB's assets and liabilities. This is legal.
O True
O False

Answers

Answer:

True

Explanation:

False was Incorrect on Edg so then theres only one answer left.

Answer:

true

Explanation:

Making Decisions It is Friday, Homecoming, and the big game with a rival school is tonight. You have an after-school job, and you have been saving for the big event for the past month. BUT, you had to purchase two new tires for your car; and now you only have $40 to spend. You need to get gas, pay to get into the game, and you had planned to take your date out to eat after the game before you go the Homecoming dance. Answer each question in complete sentences using proper grammar and punctuation: 1. Do you have enough money to do all that you had planned? 2. If gas costs $3.00 per gallon, what factors will determine how much gas you purchase? 3. We will assume that you and your date will get into the game for free since you are students. Will you have enough to take your date to dinner after the game, once you purchase gas for your car? 4. Would you be better off to cancel the whole night's plans? Justify your answer...tell why you made your choice.​

Answers

Answer:

1. No

2.If you are on a budget it depends if you want to purchase $50 or another amount, while if you want to fill up the gas tank it depends on the cars' capacity. Some cars can take up to 11 gallons of gas, so if wanting to fill up the tank you would need to spend $33.

3. no because i will have 6 dollars left.

4. yes and chill at home with my date, im  sure he/she will understand unless they will help pay for it or ask parents.

JUSTIFYING ANSWER= i choose to be this way because first off i would save my money once i even found about homecoming.

Explanation:

how long had they been marriage ?​

Answers

Answer:

8 years

Explanation:

Rent is an example of a(n) _____.

a. fixed cost
b. opportunity cost
c. variable cost
d. none of the above
HURRY PLZZZZ FIRST ANSWER GETS BRAINLIEST

Answers

Answer:

a. fixed cost

Explanation:

Rent is always negotiated and stated in the tenancy or lease agreement. The lease or tenancy agreement is reviewed either annually or after every two years. The rent amounts remain the same until the time a tenancy agreement is reviewed.

Fixed costs are the business expenses that remain the same throughout the financial period.  A business has to incur fixed costs as long as the business is operational. The level of business activity or output does not affect fixed costs. Rent is a good example of fixed costs. A business has the pay the same amount of rent regardless of its production level.

Answer:

A

Explanation:

I just finished the test

What do behaviorist and cognitivist theories have in common?


a. Praise is an important aspect of learning in both of them.

b. They both rely on a simple stimulus-response system.

c. Repetition is an important aspect of learning in both of them.

d. They both accept that the mind has a conscious role in learning.

Answers

C hope that helps hand f

explain external economics and external diseconomics​

Answers

Answer:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity , there is an external diseconomy . If the benefits of an activity exceed its marginal cost , there is an external economy .

Explanation:

Thaats whaaat upp

Explanation:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity, there is an external diseconomy. If the benefits of an activity exceed its marginal cost, there is an external economy.

Click this link to view O*NET's Tasks section for Postal Service Mail Carriers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks performed by Postal Service Mail Carriers? Check all that apply.
installing mailboxes
O obtaining signed receipts for mail
sorting mail
delivering mail
O supervising other mail workers
reviewing job applicants
Done

Answers

Answer:

1. obtaining signed receipts for mail

2. sorting mail

3. delivering mail

Explanation:

Postal Service Mail Carrier's main responsibility is to deliver mail to their intended receipts. The Postal Service mail carriers are the last people in the mail distribution channel. They are the people who get mail to the receipts and have them sign for it.

The Postal service mail carriers will be issued with mail, usually for a particular route. They will sort to identify the address where each mail is to be delivered. Upon arriving at the correct address, the postal service mail carrier will hand over the mail to the recipient and have them sign as an acknowledgment of receipt.

Answer:

AEF

Explanation:

Please help I will mark you as brainliest !!

Identify the type of business described in the following scenarios: a) Rosa and Miranda own a food truck together. They make business decisions
together and share all profits and liability. What type of business do they run?
b) The company Healthy Living comes up with an idea for a smoothie shop called
Smoothie Sensations. The company wants to have multiple shops across the United
States and decides to sell the right to use its brand name and product to others who
will open these shops. What type of business is Smoothie Sensations?

Answers

Answer:

Part a.

Rosa and Miranda are running a Partnership

Part b.

Smoothie Sensations is a Franchisor

Explanation:

Partnership

The Partnership Act of 1890 defines a partnership as a relationship which exists between persons carrying on  business in common  with a view of profit. Common characteristic of a Partnership include an agreement by partners to each subscribe an amount of capital in the business and the sharing of profits and loses of the business. Rosa and Miranda are in a Partnership business as they take up most of the characters of this business.

Franchisor

A Franchisor is an original and existing business which sells the right to open stores, and sell products or services using its brand, expertise and intellectual property. This is a strategy used by many businesses to grow externally or market themselves. Smoothie Sensations decides to sell the right to use its brand name and product to others who  will open these shops, thus it is running a franchise.

can someone please help me with this question?​

Answers

Answer:

We can first assess the effects of each of the transactions on the balance cheat.

the a) transaction will reduce cash by $500, and reduce creditors by the same amount.

the b) transaction will increase cash by $300, and reduce debtors by the same amount.

the c) transaction will reduce cash by $1,000, and reduce the Loan from L. Stennett by the same amount.

Now we can list this effects.

Cash is reduced by $500 + $1,500 and increased by $300. The total net effect on cash is then a $1,200 decrease ($1,500 decrease + $300 increase).

All the other accounts have only one reduction, so we simply substract that figure from the balance sheet on the picture to obtain our new figures.

Now we can write the new balance sheet

Balance Sheet as at 10 April 2007

Assets

Buildings                $6,000

Motor Vehicle        $4,000

Stock of Goods      $2,000

Debtors                  $2,500 (-$300)

Cash at bank         $2,000 (-$1,200)

Total Assets           $16,500

Liabilities

Loan L. Stennet      $1,000 (-$1,000)

Creditors                 $1,100 (-$500)

Total Liabilities        $2,100

Capital                     $14,400

By the accounting equation, Capital + Liabilities = Assets, we see that it holds true: $14,400 + $2,100 = $16,500, so are figures are right.

What are some consequences of not helping your team with a project? (Take your time)

Answers

Answer:

F maybe umm ion know just not good so help ur team

Explanation:

xderfgvbcfde

1. You lose points

2. The full potential of the team is not met because one person did not contribute.

3. You seem unreliable.

Hope this helped you!

differentiate between primary and secondary wants​

Answers

Answer:

Difference between primary needs and secondary needs: Primary needs: The primary needs are the basic requirements according to biological demands like oxygen for breathing, water for overcoming thirst, food for living and shelter. The secondary needs are the needs that remain even after the primary needs are satisfied

what are pathways designed for ?

Answers

like business pathway or architect pathway, cause of its business it basically helps keep you on track for when you decide to own/run/start your own business without taking unnecessary classes that won’t help you in the future. In grade 10 you take a business related class and in grade 11 you focus on marketing and finance

The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625

Answers

Answer:

$2,625

Explanation:

Interest is calculated using the formula

I = p x r x t

For Galindo family

I= interest,

P = principal amount : $10,000

r= Interest rate: 7.5 % or 0.075

t= times in years : 3.5 years( 42 months /12)

I= $10,000 x 0.075 x 3.5

I=750 x 3.5

I=$2,625

The additional $600 unemployment benefit ended on July 25, 2020. Even with the $300 Lost Wages Assistance Benefit, many Texans are being evicted from their homes and cannot provide basic necessities for their family. The unemployment rate is now over 7% in Texas, above our natural rate of unemployment. Did the government make the right decision with ending the extra $600 unemployment benefit from the CARES Act? Why or why not? Explain your position.

Answers

Answer: No they did not at this rate many of the citizens will go bankrupt and the economy will suffer a great lost do to the increase of the unemployment rate

Explanation:

Please help me. I’m struggling. I will mark you as brainliest !!

These questions are written to help you better understand the material. Take the time to answer them carefully Identify the type of business described in the following scenarios:
a) Rosa and Miranda own a food truck together. They make business decisions together and
share all profits and liability. What type of business do they run?

Answers

Answer:

it is partnership

Explanation:

hope that helps

Do you think you should use a zero-based budgeting system? Explain why or why not.

Answers

yes, because it gives you an opportunity to put forth money for the future on what to do with it. but only if you reach the zero at the end of the month. you can use it in many ways like emergency funds or an envelope system.
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