Ian would like to save $2,000,000 by the time he retires in 30 years. if he believes that he can achieve a 6% rate of return, how much does he need to deposit each year, starting one year from now, to achieve his goal? $12,065 $5,790 $37,500 $25,298

Answers

Answer 1
The future worth of the periodic payment, in this case, annual, can be calculated through the equation,

    FV = P x ((1 + r)^n - 1)/ r))

where FV is the future value, P is the periodic payment, r is the interest rate, and n is the number of years. Substituting the known values,

   2,000,000 = P x ((1 + 0.06)^30 - 1)/ 0.06))

The value of P from the equation is $25,297.82

Hence, the answer to this item is the fourth choice. 

Related Questions

Grahanna publishing produces learning materials for middle​ school, high​ school, college, and professional certification courses. because these​ customers' needs are so​ diverse, the company established separate divisions for each group. based on this​ information, grahanna publishing uses​ _______ departmentalization.

Answers

Grahanna publishing uses CUSTOMER departmentalization.
Customer departmentalization involves segregation of customers based on the products which they consumed. Companies which produce different line of products usually use this method to manage their customers. Different departments are formed in the organisation based on the types of customers that buy different products.

If you are generally less productive and more accident-prone than other workers, than it is most likely that you _____.

Answers

The answer to go in the blank would be ''Rotating shift worker''.

Kendra is taking a backpacking trip across europe. she wants to make sure that the backpack she chooses is the best one for her adventure, so she is spending a considerable amount of time comparing alternatives to make sure she selects the best one. for kendra, this backpack represents what type of product?

Answers

Shopping. To make shopping a worthwhile experience one need to make sure that he has been offered the best item/service available for the amount of money he/she is willing to spend in order to fulfil a desired need; This is all what a shopping experience is all about. Kendra is probably making sure that the backpack contains all the necessary compartment and also very durable for the journey, so there is the need to look through every other backpack in order to choose the best one.

Jorge tried to pick up his sofa but discover that it is much heavier than he expected. what must occur in the muscle to increase tension so he can pick up this heavy piece of furniture

Answers

The thing that must occur in the muscle to increase tension so he can pick up this heavy piece of furniture will be recruitment of additional motor units. Jorge need to recruit additional motor units so that he can carry / pick up his sofa and his muscle will increase its tension so he can pick up his heavy sofa.

On january 1, 2018, the mason manufacturing company began construction of a building to be used as its office headquarters. the building was completed on september 30, 2019. expenditures on the project were as follows:

Answers

The most overwhelming expense to the project was on manpower. The labor force to complete the building was larger than expected and therefore required a large compensation in the form of worker's salaries. To keep the project running smoothly and on time, it was necessary to allocate an amount of overtime that put the project slightly over budget. The next greatest expenditure was on materials and paying for the building itself. In all, the project finished just slightly over budget and within the allotted time frame.

Focusing on the end product of the internal alignment process, the pay structure, is more important for acceptance of the results than focusing on the approach chosen.
a. True
b. False

Answers

The answer is False. The pay structure will not be the most important for the acceptance of the result that focusing on the chosen, in the focusing on the end product of the internal alignment process. False because the pay structure will not be the most important when accepting the result.

Raphael bought an established business two years ago. eventually raphael realized he inherited some mistakes from the previous owner's estate, and now must make some tough decisions. what would an entrepreneur do?

Answers

The entrepreneur should organize and operate the buisness. They must go through financial risks to do so though. In this case Raphael should have his entrepreneur find out every little detail about all the financial issues going on in the situation and organize the files to where there will no longer be issues with the estate and all the mistakes will be worked out.

You would expect the error of localization and the two point discrimination threshold to be lowest on the

Answers

: European continent. Depending on local polls throughout various regions it is likely that there is less discrimination throughout Europe, USSR, and China due to their willingness to keep an open and honest attitude towards international transactions. Most of Europe lives on the money they have invested internationally binding them to live without a threshold of discriminatory people.

Final answer:

The error of localization and two-point discrimination threshold would be lowest on areas with high touch receptor density, such as fingertips, lips, and face, reflecting higher tactile acuity.

Explanation:

The regions of the human body differ in their sensitivity to touch, which can be assessed by two main measures: the error of localization and the two-point discrimination threshold. The error of localization refers to one's ability to precisely identify the point on the body that has been touched, while the two-point discrimination threshold is the minimal distance at which an individual can distinguish two separate points of touch. You would expect these sensory abilities to be the lowest, indicating higher acuity, on areas with a higher density of touch receptors called mechanoreceptors. Such areas include the fingertips, lips, and face, where the precision of touch is critical for activities such as handling small objects, speaking, and facial expressions.

Assume that pizza costs $1 per slice and a large pepsi costs $2. with $20 to spend, what consumption mix will maximize satisfaction?

Answers

The choice of how many slices of pizza and/or how many large pepsi is to be bought comes from the idea of which of the two products will give more satisfaction to the consumer.

It is a common knowledge that for several number of pizza,a person can only consume minimal amount of pepsi. For maximum satisfaction, a combination of 2:1 may be used. That is, for very two slices of pizza, one may buy a large pepsi costing $2.

Given that the money available is $20 then, 5 sets of 2 slices of pizza and large pepsi may be purchased. 

Final answer:

Without specific utility values, maximizing satisfaction with $20 on pizza and Pepsi comes down to personal preference within the budget constraint. Possible combinations include purchasing different quantities of pizza and Pepsi, summing up to $20. The optimal mix would likely depend on individual tastes and the value of variety.

Explanation:

In determining the optimal consumption mix with $20 to spend on pizza and Pepsi, where pizza costs $1 per slice and a large Pepsi costs $2, one needs to consider their marginal satisfaction from each purchase. The question does not specify the utility each good provides, so we'll assume the goal is to maximize the quantity of goods within the budget constraint.

Strategy for Maximization

To maximize satisfaction under this scenario, without specific utility values for pizza and Pepsi, a straightforward approach would involve maximizing the quantity of goods purchased while staying within the $20 budget. Given the prices, there are multiple combinations one could choose, such as buying 10 pizzas and 5 Pepsis, 20 pizzas and no Pepsi, or any other combination that sums up to $20.

Deciding Factors

The final decision might come down to personal preference or aiming for a balanced consumption. For example, if one values variety or drinks significantly enhance the enjoyment of pizza, a mix might provide the most satisfaction. Without explicit utility values, this problem simplifies to a linear budget constraint issue where personal preference dictates the optimal mix.

Keith offers to sell his home to debbie for $80,000. debbie replies, "your price is too high. i will offer to buy it for $70,000." debbie's response is

Answers

Keith offers to sell his home to Debbie for $80,000. Debbie replies, "your price is too high. I will offer to buy it for $70,000." Debbie's response is negotiating with Keith in lower/lesser price of the house. It is also called bargaining of items or anything that prices are high or even fixed price can still be considered and negotiable.

Which of these statements best defines organizational​ design?a.allowing top managers to make decisionsb.engaging in accomplishing​ long-term goalsc.grouping common jobs togetherd.creating the structure of an organizatione.dividing work activities into distinct job tasks?

Answers

a. allowing top managers to make decisions, because the other 3 answers could all fall under the first answer. organizations are designed from top down. This makes a. the best answer.

Suppose for some firm that average total cost is minimized at q1 units of output. for a monopolistically competitive firm in long-run equilibrium, q1
a. exceeds the level of output at which there is a point of tangency between the demand curve and the average total cost curve.
b. exceeds the level of output at which marginal revenue equals marginal cost.
c. is also the level of output at which marginal cost equals average total cost.
d. all of the above are correct.

Answers

The correct answer for this question would be letter choice D) All of the above are correct or the fourth option because its true.
Final answer:

For a monopolistically competitive firm in long-run equilibrium, the output level q1, where average total cost is minimized, is also where marginal cost equals average total cost. This corresponds with the firm's long-run equilibrium point, though not necessarily the profit-maximizing point.

Explanation:

When addressing the question of what output level q1 signifies for a monopolistically competitive firm in long-run equilibrium, one must consider how various costs relate to each other. The level of output where average total cost is minimized, q1, can be analyzed in the context of a monopolistically competitive firm, as follows:

c. is also the level of output at which marginal cost equals average total cost.

The firm's long-run equilibrium is where marginal cost equals average total cost, which also coincides with the lowest point of the average total cost curve. This point is not necessarily where the firm earns maximum profits, as that would be the output level where marginal revenue equals marginal cost. In a monopolistically competitive market, firms cannot sustain economic profits in the long run, as entry of new competitors would drive profits to zero.

Choosing the correct option, it’s evident that option c states that q1 is the level of output at which marginal cost equals average total cost, which is accurate for a monopolistically competitive firm in the long run. Hence, the correct answer is:

c. is also the level of output at which marginal cost equals average total cost.

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Verve, a successful soap manufacturer, sells luxury soaps exclusively for women under the brands Verve Opulent, Verve Imperial, and Verve Divine. It has now added Verve Regal to target a specialized segment of urban men who are particular about their grooming practices. The introduction of Verve Regal represents

Answers

Final answer:

The launch of Verve Regal is a strategic business move involving brand expansion and product diversification, reflecting historical branding strategies such as gender-based segmentation and targeted marketing, which were also evident in early Ivory Soap advertisements.

Explanation:

The introduction of Verve Regal, targeted at a specialized segment of urban men, by the luxury soap manufacturer Verve represents a strategic move in brand expansion and product diversification. Historically, gender targeting in advertising has been prevalent, as seen with Palmolive's appeal to its widespread popularity to offer luxury soap at a "moderate price," making what was once a luxury accessible to many. Similarly, Ivory Soap's branding efforts in 1898 show early examples of gender-specific advertising, suggesting that branding has long since used gender segmentation to tailor products specifically to different demographics.

Branding Ideas in Historical Advertisements

The advertisements for Ivory Soap demonstrate early examples of branding ideas such as segmentation and target marketing. By creating ads directed toward gender-specific buyers, Ivory Soap was able to tailor its message and product to the specific needs and preferences of men and women separately. This strategy is mirrored in Verve’s release of Verve Regal, which similarly identifies and targets a specific consumer group with unique grooming preferences and needs.

Karson is a manager in a bottle manufacturing company. He wants to check whether 100 bottles were produced and dispatched to the market. Which department should he consult?

Answers

he should consult the manufacturing department

Answer:

The correct answer is:  the operations department.

Explanation:

The operations department is the area of the company in charge of the design and development of the production process since the organization receives the raw material until the output is delivered to customers for retail or direct use. The operations department is also responsible for measuring the productivity levels within an organization.

You've just joined a new company as one of their newest inbound sales representatives and are excited to begin executing on their connect strategy. you've recently identified a potential buyer, determined their persona, and identified which lead source they came from. what are your next steps as an inbound salesperson, in order?

Answers

After identifying a potential buyer, the next step is to connect with them through personalized messaging and advice, further explore their particular needs and tailor the sales process to meet their timeline.

The _____ is known as make-to-order. select one:
a. supply chain model
b. inventory model
c. pull model
d. vertical integration model
e. push model

Answers

The answer is C.
The pull model is known as make-to-order. The pull model strategies include interest for a specific product that was created depending on the target audience, not following the demands stated by channel partners.

Josh has decided to open a restaurant. he has determined that he will need to hire separate people to seat and serve​ customers, plan and prepare food and​ beverages, and clear tables and wash dishes. this process is known as​ _______.

Answers

This is known as job specialization. Josh cannot do all of the work himself, so he hires others to perform specific tasks for him. He should hire people with specialized skillsets, so that they will be most suited to the jobs he needs them to perform, such as waiters for serving customers and chefs for preparing dishes.

What piece of glassware would enable the measurement and transfer of these solutions with the best combination of speed and accuracy?

Answers

The pipet would be the best tool for mixing speed and accuracy. Pipets tend to be used on volumes that are in the single-digits of milliliters, so they can be used to measure out tiny amounts of solutions. In addition, they can be measured to dispense volumes almost to-the-drop, so not only they can be very accurate, they can do so quickly.

A three-line-to-eight line decoder has inputs cba where the a input is the lsb (least significant bit). the output and gates are labeled q0 through q7. one would normally expect the output of and gate q4 to be active when the inputs are:

Answers

a = false b = false c = true Since the outputs are labeled q0 through q7, it's logical to assume that when the value represented by cba is 0, for q0 to be enabled, when cba represents 1, then q1 to be enabled, all the way until cba represents 7 which causes q7 to be enabled. Since q4 is enabled, that would mean that cba has to represent the value 4. And since this is binary and "a" is the lsb, it would be logical to assume that c is the msb (Most significant bit) so a has the value of 1 b has the value of 2 c has the value of 4 And we need to determine some combination the a,b,c that adds up to 4. And that's obviously where c is true (value 4) and both b and a are false (values of 0). So a = false b = false c = true.

A substance has a mass of 360 g and a volume of 7.5 mL. What is its density?

Answers

2700 to get density you multiply mass by volume

Answer: 48!!

Explanation:

density is m/v

i got it right too

Bryan works as a salesman for jumbocorp. last year his sales target was $3 million and this year in an aggressive bid for growth, the company increased the sales quota for all its salespeople to $5 million, although the market for jumbocorp's product had slowed down. in order to meet his target, bryan bribed an official of a potential customer. in this context, the roots of his unethical behavior can be traced to

Answers

There are a couple of reasons why Bryan acted in an unethical manner. First, he may have low morals which could be traced to his upbringing or life challenges. He could also have acted this way due to the demands made upon him by his employer to increase sales so dramatically. The stress of keeping his job may have been greater than acting ethically.

Payments of cash, cattle, pigs, or shell ornaments between grooms and in-laws are

Answers

This is considered a dowry. A dowry is a transfer of parental property, gifts or money at the marriage of a daughter. Dowry is an ancient custom, and its existence may well predate records of it. Dowries continue to be expected, and demanded as a condition to accept a marriage proposal, in some parts of the world, mainly in parts of Asia, Northern Africa and the Balkans.

Final answer:

Bride wealth is a cultural practice where gifts or payments are made from the groom's side to the bride's family, traditionally in the form of livestock or ornaments, and currently with items like jewelry or vehicles. It signifies respect and commitment, and is often returned in the case of divorce to symbolize a dissolved marriage contract.

Explanation:

The practice mentioned in your question refers to bride wealth, which is a cultural tradition where the groom or his family provides a payment to the bride's family as part of marriage arrangements. Historically, this could include cattle, pigs, and shell ornaments, but in modern contexts, it often involves gold jewelry, cars, furniture, appliances, and even land. The bride wealth serves as a sign of respect and commitment by the groom to the bride's family and is typically paid partially before the wedding and the remainder afterwards, keeping the groom in a respectful debt. If a marriage that included a bride wealth transaction ends in divorce, the bride wealth is usually returned to the groom's family, which symbolizes the annulment of the marriage agreement.

The expected date of confinement (eds) is usually estimated by a formula called:

Answers

It is called the Naegele's run the show. It predicts an expected due date in light of the beginning of the lady's last menstrual period. You just extra nine months and seven days to land at the due date. 
It is a standard method for ascertaining the due date for a pregnancy while expecting a gestational age of 280 days at labor.

This print-out should have 11 questions. multiple-choice questions may continue on the next column or page – find all choices before answering.

Answers

Need more details to answer.

Jack lost his job six months​ ago, and​ he's been actively looking for a new job ever since. the bureau of labor statistics would classify jack as
a. a discouraged worker.
b. out of the labor force.
c. unemployed.
d. all of the above.

Answers

It's C. It's C. It's C. It's C. It's C. 

Antiques ‘r' us is a mature manufacturing firm. the company just paid a dividend of $12.30, but management expects to reduce the payout by 5 percent per year, indefinitely. if you require a return of 9 percent on this stock, what will you pay for a share today? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current share price

Answers

The constant growth model can be used here even if the dividends are decreasing by a persistent percentage, just make sure to distinguish the negative development. So, the computation for the price of the stock today will be:

P= dividend (1 +reduce payout) / (Return–reduce payout)

P= $12.30(1 – 0.05) / [(0.09 – (–0.05)]

P= $11.69 / 0.14

P = $83.46 is the price you will pay for a share today.

If you require a return of 9 percent on the stock, you will pay $83.46 for today.

Even if dividends are consistently declining by a certain percentage, the continuous growth model can still be applied in this case; just be sure to identify the negative trend. The following formula will be used to determine the stock's current price:

P = dividend (Return - Reduced Payout) / (1 + Reduced Payout).

P= $12.30 (1 – 0.05) / [(0.09) – (–0.05)]

P= $11.69 / 0.14

You will pay P = $83.46 for today.

Therefore, the correct answer is $83.46 for today.

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A student claims that he can correctly identify whether a person is a business major or an agriculture major by the way the person dresses. suppose in actuality that he can correctly identify a business major 87% of the time, while 16% of the time he mistakenly identifies an agriculture major as a business major. presented with one person and asked to identify the major of this person (who is either a business or agriculture major), he considers this to be a hypothesis test with the null hypothesis being that the person is a business major and the alternative that the person is an agriculture major.

Answers

A business major 87% of the time, while 16% of the time mistakenly identifies an agriculture major.

The hotel manager received an offer to hold the local bikers' club annual meeting at the hotel in march, which is the hotel's low season with an occupancy rate of under 50%. the bikers' club would reserve 45 suites for three nights if the hotel could offer a 50% discount, or a rate of $100 per night. the hotel manager is inclined to reject the offer because the cost per suite per night is $125.

Answers

Given that this is the hotels low season, and this would be a definite increase in income that the hotel would not normally get, the hotel manager should accept. 45 suites at $100/ night for 3 nights is a nice $13,500. That would be a nice profit in their low season.

Hickory point amusement park sells admission tickets for $50 per person for one visit. variable costs are $15 per visitor and fixed costs are $60,000,000 per month. the company's relevant range extends to 2,000,000 visitors per month. what is hickory point's projected operating income if 1,750,000 visitors come to the park during the month?

Answers

First, calculate for the total operating cost of the park through the equation,

   TC = TV + TF

where TC is the total cost,
     TV is the total variable cost which is equal to the product of the variable cost per visitor and number of visitor, and
     TF is the total fixed cost. 

Substituting the known values,
    TC = ($15)(1,750,000) + $60,000,000 = $86,250,000

Then, the total revenue is the product of the cost of ticket and the number of visitors.
     TR = ($50/visitor)(1,750,000 visitors) = $87,500,000

Subtracting the two values will give us an answer of $1,250,000.

ANSWER: $1,250,000

Final answer:

The projected operating income for Hickory Point Amusement Park with 1,750,000 visitors is $1,250,000, calculated by subtracting the total variable costs and fixed costs from the total revenue.

Explanation:

The question asks about calculating the projected operating income for Hickory Point Amusement Park when it has 1,750,000 visitors in a month. To find the operating income, we start by calculating total revenue, which is the ticket price multiplied by the number of visitors ($50 × 1,750,000). Then, we calculate total variable costs by multiplying the variable cost per visitor by the number of visitors ($15 × 1,750,000). The operating income is found by subtracting both the total variable costs and fixed costs from the total revenue.

Total Revenue = $50 × 1,750,000 = $87,500,000Total Variable Costs = $15 × 1,750,000 = $26,250,000Operating Income = Total Revenue - Total Variable Costs - Fixed Costs = $87,500,000 - $26,250,000 - $60,000,000 = $1,250,000

Therefore, the projected operating income for Hickory Point Amusement Park with 1,750,000 visitors in a month is $1,250,000.

Nicklaus company has decided to sell one of its old machines on june 30, 2013. the machine was purchased for $160,000 on january 1, 2009, and was depreciated on a straight-line basis for 10 years with no salvage value. if the machine was sold for $52,000, what was the amount of the gain or loss recorded at the time of the sale?

Answers

Straight line depreciation (D) is computed as follows:

D= (purchase cost of an asset- its expected salvage value)/ the number of years of its expected useful life.

In the case of the old machine sold by Nicklaus Company, depreciation (D) in dollars is:

D = (160,000-0)/10

D= 160,000/10

D= 16,000 per year

Since the machine was bought on June 30, 2003, and was sold on January 1, 2009, its total depreciation value (TD) for the 6 and half years that it was used is:

TD = 16,000 x 6.5

TD= 104,000

Cost of the asset on time of sale, therefore, is 160,000-104,000=56,000

Since the company sold it at only $52,000, recorded loss will be $4,000 (56,000-52,000). 

Final answer:

The Nicklaus company would record a loss of $36,000 from the sale of the old machine, which had a net book value of $88,000 and was sold for $52,000.

Explanation:

The student's question pertains to recording the gain or loss on the sale of an asset, which is a common accounting exercise that involves determining the book value of the asset at the time of disposal and comparing it to the sale proceeds. Given the machine was purchased for $160,000 and depreciated on a straight-line basis over 10 years with no salvage value, its annual depreciation expense would be $160,000 / 10 years = $16,000 per year. From January 1, 2009, to June 30, 2013, the machine was in use for 4.5 years (half of 2009, plus 2010, 2011, 2012, and half of 2013), resulting in accumulated depreciation of $16,000 * 4.5 years = $72,000. The net book value of the machine as of June 30, 2013, would be $160,000 (cost) - $72,000 (accumulated depreciation) = $88,000. Since the machine was sold for $52,000 and its net book value was $88,000, the company would record a loss of $88,000 - $52,000 = $36,000.

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