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sergey [27]
1 year ago
6

Eighteen years from now, 4 years of college are expected to cost $150,000. How much more must be deposited into an account today

to fund this expense if you can earn only 8% on your savings rather than the 11% you hope to earn
Business
1 answer:
ivann1987 [24]1 year ago
8 0

Answer:

$14,614.02

Explanation:

The computation of the much more amount deposited is shown below:

= Expected cost ÷ (1 + interest rate on savings)^number of years - Expected cost ÷ (1 + interest rate on earnings)^number of years

= $150,000 ÷ (1 + 0.08)^18 - $150,000 ÷ (1 + 0.11)^18

= $37,537.35 - $22,923.33

= $14,614.02

We simply deduct the earning from the savings so that the approximate valeu could come

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likoan [24]

The census data i.e. available at the United States Census Bureau website represents the example of public information.

The information regarding the United States Census Bureau is as follows:

  • It is the principal agency that should be held responsible for the national census for a minimum of 10 years.
  • Also at the same time, it generates data for the economy.
  • Moreover, public information represents an example of this.

Therefore, we can conclude that the census data i.e. available at the United States Census Bureau website represents the example of public information.

Learn more about the census here: brainly.com/question/12833550

7 0
1 year ago
A(n) ________ has no barriers to trade among member countries, includes a common external trade policy, and allows factors of pr
EleoNora [17]

Answer:

A common market

Explanation:

A common market has no barriers to trade among member countries, includes a common external trade policy, and allows factors of production to move freely among members.

A monetary union has all the features of a common market and participating countries have a common currency.

I hope my answer helps you.

6 0
1 year ago
Suppose an investment project is projected to provide $198,000 in revenues if the project is undertaken. the investment will cos
Dominik [7]
<span>Yes. By investing $180,000 and having a revenues of $198,000, the company would earn $18,000 (before tax) from this project investment. Assuming that the $180,000 investment already factored in time/labor and the projected $190,000 revenues is very likely to occur.</span>
7 0
2 years ago
Discuss this statement in relation to George and Lennie: "They render us vulnerable, and in doing so they add dimensions of sign
Dima020 [189]

Answer:

The powerful novel which explores themes of friendship, power, dreams, and the responsibility we have to look out for one another in a sometimes unkind world.

The characters at the heart of the story, George and Lennie, work against all odds to earn enough money to build their dream (to own a place of their own, with alfalfa and rabbits.)

According to the book, their friendship sets them apart from the other men in the world and fuels their aspirations.

I hope it helps, kindly give brainliest if it does.

3 0
1 year ago
Read 2 more answers
In macroeconomics, a _______________ describes the common way in which market values are measured in an economy (Money acts as a
Tatiana [17]

In macro economics a unit of account describes the common way i which the market values are measured in an economy

Explanation:

When the market capitalization of a company which is traded in public and the company's number of out standing shares are multiplied then it is the way to calculate the market value in an economy

The economic value and the market values are not the same the market value is the value of a product in the market and the amount that the consumer is willing to pay for that product on the other hand economic value is the value that is benefited from the products that is the gain value in the market

7 0
2 years ago
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