, 22.06.2019 19:50 ParallelUniverse

# Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw$35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the$35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32 Answers: 1 ### Another question on Business Business, 22.06.2019 04:00 January budgeted selling and administrative expenses for the retail shoe store that craig shea plans to open on january 1, 2018, are as follows: sales commissions,$21,000; rent, $11,000; utilities,$4,900; depreciation, $3,200; and miscellaneous,$1,700. utilities are paid in the month after incurrence. other expenses are expected to be paid in cash in the month in which they are incurred. required determine the amount of budgeted cash payments for january selling and administrative expenses. determine the amount of utilities payable the store will report on the january 31 pro forma balance sheet. determine the amount of depreciation expense the store will report on the income statement for the year 2018, assuming that monthly depreciation remains the same for the entire year.
U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 â‰¤ t â‰¤ 4) billion dollars/year between 2002 (t = 0) and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.â€ (a) find an expression f(t) giving the advertising revenue in year t. Answers: 1 Business, 22.06.2019 09:50 Beck company had the following accounts and balances at the end of the year. what is net income or net loss for theâ€‹ year? cash$ 74 comma 000 accounts payable â€‹$12,000 common stock â€‹$21,000 dividends â€‹$12,000 operating expenses$ 13 comma 000 accounts receivable $49 comma 000 inventory$ 47 comma 000 longminusterm notes payable â€‹$33,000 revenues$ 91 comma 000 salaries payable $30 comma 000 Answers: 1 Business, 22.06.2019 11:10 How much are you willing to pay for a zero that matures in 10 years, has a face value of$1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without$ sign)
Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw$35,000 at...