Business, 16.10.2019 05:30 alexmoy45p8yd7v
Sue and neal are twins. sue invests $5,000 at 7 percent when she is 25 years old. neal invests $5,000 at 7 percent when he is 30 years old. both investments compound interest annually. both sue and neal retire at age 60. which one of the following statements is correct assuming that neither sue nor neal has withdrawn any money from their accounts? sue will have less money when she retires than neal. neal will earn more interest on interest than sue. neal will earn more compound interest than sue. if both sue and neal wait to age 70 to retire, then they will have equal amounts of savings. sue will have more money than neal as long as they retire at the same time
Answers: 3
Another question on Business
Business, 22.06.2019 01:30
Iam trying to get more members on my blog. how do i do this?
Answers: 3
Business, 22.06.2019 11:50
The following are the current month's balances for abc financial services, inc. before preparing the trial balance. accounts payable $ 10,000 revenue 6,000 cash 3,000 expenses 17,500 furniture 10,000 accounts receivable 14,000 common stock ? notes payable 6,500 what amount should be shown for common stock on the trial balance? a. $48.000b. $12.500c. $27.000d. $28.000
Answers: 3
Business, 22.06.2019 16:00
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
You know the right answer?
Sue and neal are twins. sue invests $5,000 at 7 percent when she is 25 years old. neal invests $5,00...
Questions
Computers and Technology, 21.02.2020 02:01
Mathematics, 21.02.2020 02:01
Mathematics, 21.02.2020 02:02
History, 21.02.2020 02:02
History, 21.02.2020 02:02
Mathematics, 21.02.2020 02:02
Mathematics, 21.02.2020 02:02
