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miskamm [114]
2 years ago
13

Sydney saved $10,000 during her first year of work after college and plans to invest it for her retirement in 40 years. how much

will she have available for retirement if she can make 8% on her investment?
Business
1 answer:
Yuliya22 [10]2 years ago
3 0
Given:
P = $10,000, the principal
t = 40 yers, time duration
r = 8% = 0.08, the interest rate
Assume that
n = 12, monthly compounding.

The value after 40 years is
A=P(1+ \frac{r}{n} )^{nt}
nt = 12*40 = 480
1 + r/n = 1 + 0.08/12 = 1.0066667
A = 10000*1.0066667⁴⁸⁰ = $242,737.71

Answer:  $242,737.71

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Members of the buying center at Kid's World, a store for children's clothing, are drawing up a list of desired supplier attribut
expeople1 [14]

Answer:

C) supplier selection

Explanation:

The five stages of the business buying decision process are:

  1. Awareness and recognition: someone at the company identifies the need for a purchase.
  2. Specification and research: a detailed specification about what product is needed, quantity and technical requirements is elaborated. Using this information you start to search for potential vendors or suppliers that can offer the product.
  3. Request for proposals: vendors are contacted and you request them to send you their proposals regarding the products that you are looking for.
  4. Evaluation of proposals: the buying team must evaluate the proposals received form the potential vendors and select the most appropriate one.
  5. Order and review process: Price ans selling terms are negotiated, he order is placed and finally the products received are controlled to check that they meet the specifications.
4 0
2 years ago
Match the following theories to their best descriptive statements: A. Cost benefit analysis for finding the best possible result
mariarad [96]

Answer:

A-1 B-3 C-4 D-2

Explanation:

The description given in option A fits utilitarianism which is an ethical term describing a decision where the best outcome for the largest possible number of people is considered the solution.

The description given in option B fits social contract which desribes accepting the authority of the state and deciding on basic principles so that the society can exist.

The description given in option C fits virtue ethics which is a field of ethics that discusses virtues such as honesty.

The description given in option D fits deontology which is an ethical theory that suggests that each action should be examined if it is good or bad by following certain rules.

I hope this answer helps.

7 0
2 years ago
Which method of international expansion causes the least amount of risk? multiple choice joint venture licensing wholly owned su
svetlana [45]
<span>Exporting has the least amount of risk. This is because the company is simply selling its wares to other businesses and consumers, without having to worry about licensing the product, getting permissions from other governments, or having to jump through loopholes to get the product in the hands of the intended audience.</span>
5 0
2 years ago
You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500
maria [59]

Answer:

Present Value= $19,652.37

Explanation:

Giving the following information:

You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,500 in two years. If you have an investment opportunity that guarantees 7% interest.

PV= FV/(1+i)^n

PV= 22,500/ (1.07^2)= $19,652.37

6 0
2 years ago
Identify the element or elements associated with these items.(a) Arises from peripheral or incidental transactions. select an el
lutik1710 [3]

Answer: .(a) Arises from peripheral or incidental transactions - corresponds to the definition of gains and losses.

(b) Obligation to transfer resources arising from a past transaction. - Corresponds to Liabilities.

(c) Increases ownership interest. - Investment by owner, Comprehensive Income.

(d) Declares and pays cash dividends to owners. - It is the Distributions to Owners.

(e) Increases in net assets in a period from nonowner sources. - Corresponds to Comprehensive Income.

(f) Items characterized by service potential or future economic benefit. - Is the definition of Assets.

(g) Equals increase in assets less liabilities during the year, after adding distributions to owners and subtracting investments by owners. - Comprehensive Income.

(h) Arises from income statement activities that constitute the entitys ongoing major or central operations. - Corresponds to the definition of Revenues and Expenses.

(i) Residual interest in the assets of the enterprise after deducting its liabilities. - Equity.

4 0
1 year ago
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