answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fudgin [204]
1 year ago
15

Bill and Bob are both 25 years old today. Each wants to begin saving for his retirement. Both plan on contributing a fixed amoun

t each year into brokerage accounts that have annual returns of 12 percent. Both plan on retiring at age 65, 40 years from today, and both want to have $3 million saved by age 65. The only difference is that Bill wants to begin saving today, whereas Bob wants to begin saving one year from today. In other words, Bill plans to make 41 total contributions (t = 1, 2,.. 40).
How much more than Bill will Bob need to save each year in order to accumulate the same amount as Bill does by age 65?

Business
1 answer:
faust18 [17]1 year ago
6 0

Please find attached full question

Answer and Explanation:

Answer and explanation attached

You might be interested in
One of the workers in Henry's department submitted his two weeks' notice so Henry needs to hire a replacement. The HR department
cupoosta [38]

Answer:

procedure

Explanation:

According to my research on different human resource responsibilities, I can say that based on the information provided within the question there is a procedure that Henry must follow. Like described in the question a Procedure is a set of step by step instructions that must be followed accordingly in order to achieve a certain goal.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
1 year ago
A decline in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.
ikadub [295]

Answer: fall; rise

Explanation:

The real interest rate is the rate of interest that is received by an investor, lender or after inflation has been taken into consideration.

The real interest rate is when the inflation rate is deducted from the nominal interest rate. A reduction in the domestic real interest rate would cause a fall in net exports and a rise in the exchange rate.

5 0
2 years ago
If a company pays dividends on a stock, does that mean that the stock has appreciated in value? Why or why not?
PolarNik [594]

Dividend is the amount of share in the earnings paid by the company to its shareholders for their investment in the company. So dividend is paid out of the earnings made by the company and it has no relation with the increase or decrease in the value of the stock.

Hence, If a company pays dividends on a stock, it does not mean that the stock has appreciated in value.


4 0
2 years ago
Read 2 more answers
g Handal Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the c
nordsb [41]

Answer:

Overhead Cost - S1 =  $30201

Explanation:

To assign Overhead costs to S1, we first need to calculate the Overhead Absorption rate for Machining and Order filling.

The Overhead Absorption rate for Machining is calculated by dividing the Machining Overheads by the number of Machine hours to calculate $ Overhead per Machine Hour.

  • Total Machining Hours = 11500 + 3600 = 15100
  • Machining = $11325 / 15100 Hours = $0.75 / Machine Hour

Now we do the same calculation for Order Filling Overheads and divide them by Number of Orders.

  • Total Number of Orders = 270 + 1240 = 1510
  • Order Filling = 26274 / 1510 = $17.4 per order

Now we allocate the Overheads to S1 on the basis of Machine Hours and Number of orders relating to S1.

  • S1 Machine Hours = 11500
  • S1 Orders = 1240
  • S1 Overheads = 0.75 × 11500 + 17.4 × 1240 = $30201
8 0
2 years ago
The following is TRUE about Inventory:________.A. Firms decrease inventory because there is a risk of significant and unpredicta
Aleks [24]

Answer:

The correct answer is option (c).

Explanation:

Solution

From the question sated above the answer is, Firms or organisation decrease inventory because the more we spend on inventory, the more we will need to spend on the other related inventory expenditures.

The reason is because if the inventory is kept full or complete, then the cost related or connected with the maintenance of the inventory increases or goes up and it is not beneficial for the company itself.

7 0
2 years ago
Other questions:
  • HURRY,HURRY,HURRY!! please help will make brainiest answer
    13·2 answers
  • Customer complaints and terrible ratings for customer service let sprint know it had a problem. these are examples of _____ cont
    11·1 answer
  • United Resources Company obtained a charter from the state in January of this year. The charter authorized 200,000 shares of com
    13·1 answer
  • Suppose the demand curve for a product is represented by a typical downward-sloping curve. Now suppose that the demand for this
    5·1 answer
  • Greta loses her two dogs. She puts signs all over town that offer a $50 reward for the return of her dogs. Al and Ben see the po
    11·1 answer
  • QS 15-4 Raw materials journal entries LO P1 During the current month, a company that uses job order costing purchases $90,000 in
    13·1 answer
  • Why do countries specialize? Check all that apply.
    9·1 answer
  • Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data perta
    5·1 answer
  • Which one of the following is least apt to help convince managers to work in the best interest of the stockholders? Assume there
    14·1 answer
  • On the last day of December 2021, Coaster Trucks entered into a transaction that resulted in a receipt of $300,000 cash in advan
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!