I can only put away $2,000 a year toward retirement. I am 25 and plan on retiring at 65 and earning 5%. How much will I have at retirement?

Answers

Answer 1

Answer: $241,600

Explanation:

As this amount is a constant amount, it is an annuity. To find out the total amount after a certain period of time, use the future value of annuity formula.

Future value of annuity = Amount * [ {( 1 + rate) ^number of periods - 1} / rate]

Number of periods = 65 - 25 = 40

Future value of annuity = 2,000 * [ {(1 + 5%)⁴⁰ - 1} / 5%]

= 241,599.54

= $241,600


Related Questions

Without creating a separate business organization, Rey starts up Street Cruisers, a pre-owned auto sales enterprise. This enterprise is

Answers

A dole proprietor(the answer)(you’re welcome)

Based on the fact that Rey did not create a separate business organization, the enterprise is a Sole Proprietorship.

What is a sole proprietorship?

This refers to a business that is owned and operated by an entrepreneur who is not considered separate from the business.

This means that any liabilities of the business are the person's liabilities of the owner who in this case is Rey.

In conclusion, this is a sole proprietorship.

Find out more on sole proprietorships at https://brainly.com/question/4442710.

is the management function that involves allocating resources, assigning tasks, and establishing procedures for accomplishing the organizational objectives.

Answers

Answer:

Organizing.

Explanation:

Organizing can be defined as a strategic process in which resources are assembled and human efforts are coordinated and then integrated into a unitary system so as to achieve organizational goals and specified objectives.

Generally, organising helps to create order in an organization by eliminating chaos, and work conflicts. Also, it enhances job specialization and responsibility sharing by creating an environment that is suitable for teamwork.

For example, the manager of a business firm that made two or more coordinators to take care of activities relating to registration and refreshment at an annual general meeting (AGM).

In conclusion, organizing is a management function and it's is largely dependent on allocating resources, assigning or delegating tasks to others, and establishing procedures (policies) for accomplishing the organizational objectives.

\Currently the real interest rate is 1%. Expected inflation was initially 3% but rose to 6% as a result of the government's announcement on additional stimulus checks. After this change, the real interest rate will be

Answers

Answer:

Explanation:sorry dont report .y answer

Anytown households that earn more than $75,000 tend to buy sports equipment, while households that earn less than $75,000 tend to buy TVs. Which new business would be most likely to succeed

Answers

Answer:

an electronics store

Explanation:

This is so because there is more population that earns less than $75,000 and they are people that like to spend their money on buying electronics such as TVs. So a new business dedicated to selling electronics (TVs, computers, mobile phones, and so on) could have a great opportunity with this population. More people would be attracted to visit the shop location or buying online.

Hope this answer helps you :)

Have a great day

Mark brainliest

Answer: B (electronic store)

how are you avalon23413?

Answers

Answer:

im great

Explanation:

Answer:

I’m doing well !! I hope you’re are going good too

Explanation:

when will nekos be created?

Answers

Answer:

no

Explanation:

Answer:

welp bro idek what a neko is butttt i found this? "Neko (as in catgirls) first appeared in Japanese manga as early as 1924, and in anime around 1949. They were first embraced by Americans in the 1980s." owo

Which of the following strategies is used in the following ad:

A. famous association
B. join the bandwagon
C. promotional deal
D. repetition

Answers

Answer:

a

Explanation:

A corporation has 3000 shares, 10% preferred stock of $55.00 par preferred stock, and 6000 shares of common stock outstanding. The net income for the year is $300,000. Calculate earnings per share. (Round your answer to the nearest cent.)

Answers

Answer:

the earning per share is $47

Explanation:

The computation of the earning per share is shown below;

= (Net income - preference dividend) ÷ number of common stock outstanding

= ($300,000 - (3000 × $55 × 10%) ) ÷ 6,000 shares

= $47.25

= $47 per share

Hence the earning per share is $47

Represent the following agro-production of a
farmer in a multiple bon diagram:
2074
2075
2073
60
so
Production
Paddy
Maize
Potato
75
70
go
85
100 3​

Answers

Answer:

85

Explanation:

i think

Leslie’s firm collected a huge amount of data. Over time, the employees felt that the applications slowed down. What should Leslie do with the data?

A.
archive rarely used data
B.
delete old data
C.
make duplicate copies of the data
D.
outsource the data
E.
look for patterns in the data

Answers

Answer:

A.

Explanation:

Data archiving is a method used to move data that is no longer in use. In this method, a business archive its old data to a separate storage device for long-term retention of the data.

Data that is no longer actively used but is important for regulatory or operational purposes such as emails, files, records, etc. can not be deleted. So, the business opts for the data archiving method.

In the given case, Leslie should also go for data archiving. There are two ways of archiving the data. One, tape archiving and cloud archiving.

Therefore, option A is correct.

What is it called when managers look at the size of the variances between actual results and budgeted amounts in order to determine which variances should be investigated

Answers

It is called Managerial acct

what are the causes of xenophobia​

Answers

Answer:

Hope it's help you and Mark me as brainliest.

Xenophobia is the fear of outsiders or strangers. The term is most commonly applied to people who are afraid of immigrants or people from unfamiliar, foreign cultures.

WHAT CAUSES XENOPHOBIA?

When xenophobia manifests as a true phobia, it comes in two distinct forms:

Cultural xenophobia occurs when a person fears a foreign culture.Stranger or immigrant xenophobia occurs when someone is frightened of people or groups perceived to be outsiders.

Pomology is branch of ______________, which deals with ____________ cultivation.

helpppp​

Answers

Answer:

1.tinagcrash

2.of epertens

Answer:

Pomology is a branch of botany, which deals with fruit cultivation.

Explanation:

Answers such as these can be found by searching the web.

Laurel's productivity has been reduced due to the large quantity of unwanted e-mail she receives. What steps can she take to decrease the amount of e-
mail she gets?
Stop reading e-mail at work.
Stop posting her e-mail address on newsgroups.
Read e-mail messages every hour.
Forward spam to spamQuce.gov.
Carefully read and complete subscription forms.

Answers

Answer: Stop posting her e-mail address on newsgroups; most persons who contact randomly get this mails from sites and other media pages, not posting your mails there limit their access to your mailbox

- Forward spam to spamQuce.gov.

- Carefully read and complete subscription forms; she can select the mails she subscribes to and unsubscribe from those which are not important to her

Explanation:

Many individuals find it hard to work when they have so many mails on their inbox, there are ways Laurel can manage the excess mails, here are a few of them;

- Stop posting her e-mail address on newsgroups; most persons who contact randomly get this mails from sites and other media pages, not posting your mails there limit their access to your mailbox

- Forward spam to spamQuce.gov.

- Carefully read and complete subscription forms; she can select the mails she subscribes to and unsubscribe from those which are not important to her

A laissez-faire leader will give their employees as much ( ) as possible
A) MONEY
B) WORK
C) FREEDOM

Answers

I think it’s B Work

Explanation:

The Answer is gonna be B) Work

This is the right Answer :3

I hope you are having a great day ❤️❤️❤️❤️

Zimmerman Auto sells new and used cars. Its assets are as follows: (1) the showroom building, a separate building used to service customer cars, and various parking lots, (2) a nearby acre of land not currently used by the auto dealership, (3) new and used cars and trucks for sale to customers, and (4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced. The assets that are classified as plant assets on the company's balance sheet include:
A. (1) and (2)
B. (1) and (4)
C. (1). (2), and (3)
D. (1). (3), and (4)

Answers

Answer:

B. (1) and (4)

Explanation:

Plant assets are tangible assets that have a useful life of more than 1 year, and are used by the company in its normal operations.

The cars available for sale are part of the inventory while the land is considered an investment. The only plant assets are the showroom and surrounding buildings, and the car that provides free rides to customers.

For a given level of the monetary base, an increase in the required reserve ratio on checkable deposits will mean an increase in the money supply. an increase in checkable deposits. an increase in discount borrowing. a decrease in the money supply.

Answers

Answer:

a decrease in the money supply.

Explanation:

In the case when the reserve ratio is higher so the checkable deposits amount is also higher as there is a positive relation between the reserve rato and the checkable deposit also the bank needs to set aside it rather than lending so the lending capacity of the bank would also decline due to this there is a decrease in the money supply

Which best diagrams the correct obstacle to the example?

Economic obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Time obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Motivational obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Time obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Economic obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Motivational obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Financial obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Economic obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Motivational obstacle: Sally wants to open her own business, but was denied a loan from the bank. Time obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Economic obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Motivational obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Time obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.

Answers

Answer:

a

Explanation:

i just took the unit text and got a 100%

Which type of organizational structure has multiple managers having authority over an employee
A.point structure
B.line structure
C.staff structure
D.functional structure

Answers

Answer:

I believe it’s line structure

Explanation:

Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.54 percent, a par value of $1,000 per bond, matures in 4 years, has a total face value of $3.8 million, and is quoted at 103 percent of face value. The second issue has a coupon rate of 6.10 percent, a par value of $2,000 per bond, matures in 23 years, has a total face value of $8.1 million, and is quoted at 95 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 39 percent. What is the firm's weighted average aftertax cost of debt

Answers

Answer:

3.20%

Explanation:

The firm's weighted average aftertax cost of debt can be determined by first of all determining the before-tax cost of each debt.

Using a financial calculator, the before-tax costs of debt are ascertained as follows:

Bond 1:

N=8(number of semiannual coupons in 4 years)

PMT=17.70  (semiannual coupon=face value*coupon rate/2=$1,000*3.54%/2=$17.70)

PV=-1030(current price=$1000*103%=$1030)

FV=1000(the face value is $1000)

CPT

I/Y=1.37%(the semannual yield, annual yield=1.37%*2=2.74%)

after-tax cost of first debt=2.74%*(1-39%)=1.67%

Bond 2:

N=46(number of semiannual coupons in 23  years)

PMT=30.50 (semiannual coupon=face value*coupon rate/2=$1,000*6.10%/2=$30.50)

PV=-950(current price=$1000*95%=$950)

FV=1000(the face value is $1000)

CPT

I/Y=3.26%%(the semannual yield, annual yield=3.26%%*2=6.52%)

after-tax cost of second debt=6.52%*(1-39%)=3.98%

market value of first debt=$3.8 million*103%=$3,914,000

market value of second debt=$8.1 million*95%=$7,695,000

total market value of debts=$3,914,000+$7,695,000=$11,609,000

firm's weighted average aftertax cost of debt=(1.67%*$3,914,000/$11,609,000)+(3.98%*$7,695,000/$11,609,000)

firm's weighted average aftertax cost of debt=3.20%

What’s does stockbroker mean?

Answers

Answer:

a broker who buys and sells securities on a stock exchange on behalf of clients.

it's the one that says person who buys or sells equities

An investment adviser representative has worked with a client and his spouse for 10 years and has an excellent relationship with the couple. The representative has been notified that the husband is unconscious and is in the hospital. The account has several open orders that have not yet been executed. What can the representative do regarding the disposition of these orders

Answers

These band the account until the husband awakens

what is 5669-56+6-1+76-1234567890

dont answer

Answers

Answer:

okay

Explanation:

Answer:

-1234562196

Explanation:

Unrelated business income (UBI): a.includes unrelated income from an activity where all the work is performed by volunteers. b.is not created if the activity results in a loss. c.is 100% taxable on the exempt organization's tax return. d.excludes income from the research of a college or hospital.

Answers

Answer:

dmdmdmdmsmqmmfdmmam

Explanation:

memmmcl

NF Toy Company is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $24 and NF Toy would sell it for $52. The cost to assemble the product is estimated at $17 per unit and the company believes the market would support a price of $68 on the assembled unit. What decision should NF Toy make

Answers

Answer:

The NF Toy Company should sell its product assembled

Explanation:

The options available to NF Toy Company are;

The unit cost of the unassembled product, C₁ = $24

The price at which NF Toy would sell the unassembled product, R₁ = $52

The unit cost of the assembled product, C₂ = $17

The price NF Toy believes the market would support for the assembled toy, R₂ = $68.00

Profit, P = Revenue - Cost

The profit NF Toy Company would make, by selling a unit of unassembled toy, P₁, is given as follows

P₁ = $51 - $24 = $27

The profit NF Toy Company would make, by selling a unit of assembled toy, P₂ = $68 - $ 17 = $51

To maximize profit, given that the profit made by NF Toy Company by the unassembled toy, P₁ = $27 is less than the profit made when the assembled toy is sold, P₂ = $51, the NF Toy Company should sell its product assembled.

f a manager makes a request to his or her employee and the employee thinks that the manager has no right to make that request, then the request falls outside the employee's: A. zone of indifference. B. zone of influence. C. zone of tolerance. D. zone of reference.

Answers

[tex]\sf\purple{A. \:zone \:of\: indifference.}[/tex] ✔

[tex]\circ \: \: { \underline{ \boxed{ \sf{ \color{green}{Happy\:learning.}}}}}∘[/tex]

Casassa, a merchant in San Francisco, under the terms of a nonshipment contract, agrees to sell 50 cases of packaged macaroni to Paoli, a restaurant owner whose business is in San Jose. At the time of contracting for the sale, both parties are aware that these identified goods are in a warehouse in Fresno. The place for delivery is not specified in the agreement. On the basis of these facts, the place for delivery is

Answers

Answer:

Fresno

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America. There are special rules known as the special business standards that are set up by UCC governing merchants and the sales of goods in Article 2 of the Uniform Commercial Code.

Under Article 2 of the Uniform Commercial Code, a shipment contract between two parties (buyer and seller) states that a buyer bears the risk of loss and is typically responsible for the costs of goods in the event of any damage or loss incurred during transportation and prior to receiving the goods.

In this scenario, the transaction is a nonshipment contract and the place for delivery is not specified in the agreement.

However, on the basis of the facts that both parties are aware that the 50 cases of packaged macaroni are in a warehouse in Fresno, the place for delivery is Fresno.

1. What is the author trying to say in comparing Becky's world with Desta's world?

Help me

Answers

Answer:

The author is trying to say that the living standards of different classes of people depend on the economic choices they make and the economy of the nations they find themselves in.

Explanation:

The topic, "Mathematics and Economic Reasoning," began by comparing the world's of two girls namely Becky and Desta. Becky who lives in America has a good and comfortable living standard. Her father works at a good law firm where he earns well enough to cater for his family. He has some savings, insurance, two cars, and a partially mortgaged house.

Desta, on the other hand, lives in a poor village in Ethiopia where her family depend on farming to survive. They have no running water, electricity, adequate healthcare, enough food, etc. The author drew these comparisons to show that the environment a person finds himself can affect his economic standard of living.

Write a brief note on Axioms of interpersonal communication with example of real life business communication.

Answers

Answer:

axiom shows that everything one does is a message: "Activity or inactivity, words or silence all have message value: they influence others and these others, in turn, cannot not respond to these communications and are thus themselves communicating" (Watzlawick, Beavin, and Jackson, 1967, p. 1). This is true only however if the parties are "in the presence of another" (Watzlawick & Beavin, 1967, p. 4). This can cause problems in the relationship system though. For example, if one doesn’t want to communicate and inadvertently communicates this fact it may anger the other party. The appreciation for people who behave emotionally reserved verses who express their thoughts and feelings freely, may differ considerately between cultures. Insensitivity to these differences or the signals that people send, may hinder or undermine a smooth acculturation process considerately

Explanation:

[tex]\large\colorbox{orange}{ɪ ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs}[/tex]

[tex]\large\colorbox{darkred}{Xxᴊᴀsʜ13xX}[/tex]

Write an article to the commerce magazine of your school on "The importance of studying business environment."

please help me with this asap
i will mark the brainliest to the first answer

Answers

Explanation:

Importance of the Study of Business Environment:

A study of business environment is highly significant for business management for the following reasons:

(i) To Ensure Smooth Functioning of Business Cycle:

Smooth functioning of business cycle depends on availability of inputs and disposal of output.

Business enterprises obtain inputs like raw-materials, machines, technology, manpower etc. from the society (which is part of business environment); and dispose of output i.e. finished goods to society.

Hence, business managements must study business environmental factors so as to be aware of changes in input supplies, changes in social factors like consumer behaviour, state of competition in industry etc. to ensure smooth functioning of their business cycles.

A study of business environment is essential to take full advantage of opportunities for gain hidden in the business environment.

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Other Questions
PLEAE HELP I WILL GIVE 45 POINTS DUE IN 6 HOURS HURRY PLEASE!!!You are to write a five-paragraph literary essay based on My Father Is a Simple Manby Luis Omar SalinaI walk to town with my fatherto buy a newspaper. He walks slowerthan I do so I must slow up.The street is filled with children.We argue about the priceof pomegranates, I convincehim it is the fruit of scholars.He has taken me on this journeyand its been lifelong.Hes sure Ill be healthyso long as I eat more orangesand tells me the orangehas seeds and so is perpetual;and we too will come backlike the orange trees.I ask him what he thinksabout death and he sayshe will gladly face it whenit comes but wont jumpout in front of a car.Id gladly give my lifefor this man with a sixthgrade education, whose kindnessand patience are true . . .The truth of it is, hes the scholar,and when the bitter-hard realitycomes at me like a punishingevil stranger, I can alwaysremember that here was a manwho was a worker and provider,who learned the simple factsin life and lived by them,who held no pretense.And when he leaves withoutbenefit of fanfare or applauseI shall have learned what littlethere is about greatness. The histogram represents the time it takes employees to get to work each morning.Which statement correctly describes the data?A.The data is skewed left because the time it takes employees to get to work tails off to the left.B.The data is skewed left because the time it takes employees to get to work tails off to the right.C.The data is skewed right because the time it takes employees to get to work tails off to the right.D. The data is skewed right because the time it takes employees to get to work tails off to the left. In an argumentative essay, a writer includes a counterclaim in order tosupport the essays major reasons.explain the essays main argument.mock the oppositions viewpoint.give a rebuttal to the oppositions main argument. What is the common difference of the arithmetic sequence graphed below?COtan1 +-1112.3456789n-27-37-4-5-6(1.-3.75) (2, 4.5)(3, -5.25) (4, -6) (5.-6.75) (6, -7.5) (7,-8.25)(8,9)-7-8-9--1014. 1.How does the discovery that Poseidon is Percy's father put Percy at risk in multiple ways? Explain with evidence. 2.What changes does Rick Riordan make to the original myth of Medusa? Do you think those changes made sense or should he have kept the myth the same? Explain. Percy Jackson: The Lightning Thief someone help i'll give brainliest to right answer!QUESTION: A pentagon has angles that measure 110, 90, 80, 115, and v. What is v? Explain the relationship between the Harlem Renaissance and modernism movement What happens if more product is added to a system at equalibrium Please help!!! Will mark the brainiest quel est le travail principal des gens de votre pays What type of software is used to create letters and papers? Por favor alguien que me ayude ( es un examen final) :( Can someone help me thank you. find the Slope of side adjacent and Length of side adjacent of GH active transportation in a sentenceplease dont look online or give me the definition.. write an EXPRESSION for the following! 4 less than x 17 more than xthe product of 18 and xthe quotient of x and 1770 less than x Help!! If 17 is a side length of a square, what does that mean about the area?Explain. Identify the sentence with the misplaced modifier.A. We shivered as the wolves howled by the campfire.B. Dogs who bark often are protective of their owners.C. Rachel likes to start her day with a cold glass of lemonade. Help please!! What are the steps of the Statistical Process and how they are used in the real world? !!!please help!!!how do disagreements over immigration policy reflect the benefits and challenges of a diverse population?