subject
Business, 08.10.2019 03:30 Brainly264

Your job pays you only once a year for all the work you did over the previous 12 months. today, december 31, you just received your salary of $65,000. and you plan to spend all of it. however, you want to start saving for retirement beginning next year. you have decided that one year from today you will begin depositing 5 % of your annual salary in an account that will earn 10 % per year. your salary will increase at 4 % per year throughout your career. how much money will you have on the date of your retirement 40 years from today?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
question
Business, 22.06.2019 08:00
Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct
Answers: 1
question
Business, 22.06.2019 21:00
You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank
Answers: 3
question
Business, 23.06.2019 02:00
Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.
Answers: 2
You know the right answer?
Your job pays you only once a year for all the work you did over the previous 12 months. today, dece...
Questions
question
Mathematics, 14.08.2021 03:00
question
Mathematics, 14.08.2021 03:00
question
Mathematics, 14.08.2021 03:00
Questions on the website: 13722363