You have 32 years left until retirement and you want to retire with $5,000,000 saved. You plan to deposit 1,200 dollars into the account each month beginning one month from today. You currently have $100,000 saved. Calculate the rate of return (APR) you would have to earn to reach your retirement goal.

Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?

In the supply-and-demand schedule shown above, the equilibrium price for cell phones is $25 $100 $200