jim starts going to college at the age of 18. he will spend five years at college and at the beginning of each college year he is to pay $13,200. if the annual savings rate is 7.8%, how much do his parents have to save annually at the end of each year until jim enters the college so that he does not have to take on any debt during his college years?

Answers

Answer 1

The annual savings rate is 7.8% debt during his college years  was  between$ 1700-$1800

How to calculate debit?

The Present value of College Fees at the starting

= $13, 200 + $13, 200/(1+0.087) + $13,200/(1+0.087)

=1500

=7.8\100*1500

=$1750

Your present and long-term liabilities are added together to determine your total debtTo assess a company's financial performance and health, a variety of financial ratios and measures are available. A single metric can frequently have multiple names, and to further complicate matters, many metrics have names that are similar to one another.The effective interest rate paid on the overall debt held by the corporation is referred to as the cost of debt. Especially if averages were used in the calculation, this amount is typically an estimate. From one item to another, and over time, the amount paid in interest expenses changes.It varies on the context, but when the cost of debt is cited without qualifier, it typically refers to the cost of debt before taxes.

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Related Questions

a junior operator who violates a passenger restriction
What can a junior operator be charged with for violating the time restriction?

Answers

If a junior operator violates a passenger restriction, they could potentially face charges of negligence or reckless operation, depending on the specific circumstances of the violation and the laws in the jurisdiction where the violation occurred.

Additionally, the operator's employer or the company that owns the aircraft could also face penalties or fines for allowing the violation to occur. It's best to consult with a lawyer or legal professional to determine the specific charges that may apply in this situation.

While someone facing a civil negligence claim may be required to pay money to someone who was injured as a result of their acts, someone found guilty of criminal negligence may be sentenced to jail time or probation.

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how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?

Answers

Answer:

Pneumonoultramicroscopicsilicovolcanoconiosis

Explanation:

Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.

a bank quotes an interest of 12% per annum with quarterly compounding. what is the equivalent rate with (a) continuous compounding (b) annual compounding?

Answers

continuous compounding is 6.354% and annual compounding is 12.55% at interest rate of 12%.

given data:

interest rate = 12%

investor received =  $1,100

time period = 18 months

invested amount = $1,000

a) continuous compounding

   PVe^Rn = FV

   1000*e^R*1.5 = 1100

   e^(r*1.5) = 1.1

   R*1.5 = ln(1.1)

   r = 6.354%

b) Annual compounding:

   (1+r) = (1+0.12/4)^4-1

   R = 12.55%

In addition to the principal, a lender will charge a borrower interest as compensation for using their assets. A deposit account's earnings from money are also subject to interest rates at banks and credit unions. Simple interest is typically used in mortgages. Compound interest, on the other hand, is used in some loans and is applied both to the principle and to the interest accrued over time. A lender will charge a lower interest rate for a borrower they deem to be low risk. The interest rate on a loan with a high perceived risk will be greater. The interest rate on savings accounts and certificates of deposit that is earned at a bank or credit union is known as the annual percentage yield, or APY. Compound interest is utilised by savings accounts and CDs.

the complete question is:

A bank quotes you an interest rate of 12% per annum with quarterly compounding. What is the equivalent rate with annual compounding? An investor receives $1,100 in 18 months in return for an investment of $1,000 now. Calculate the percentage return per annum with continuous compounding.

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Sally is trying to choose between two internet plans. Under the first plan, AT & T will sell her a DSL modem for $16.99, and then she must pay $11.99 per month. Under the second plan, Verizon will give her a modem for free, but she must pay $14.99 per month.

(a) When does the Verizon plan become the worse deal (how many months)?

(b) Describe at least one other possible solution method for Part 2a besides the one you used.

Answers

The Verizon plan becomes the worse deal compared to the AT&T plan after 8 months of service. An alternative solution method for determining the point at which the Verizon plan becomes less favorable is by setting up and solving an equation.

To determine when the Verizon plan becomes the worse deal, we can compare the total costs of both plans over time. In this case, the AT&T plan has an initial cost of $16.99 for the DSL modem, while the Verizon plan provides the modem for free. However, the monthly cost of the Verizon plan is higher at $14.99 compared to $11.99 for the AT&T plan.

By setting up an equation to compare the total costs of the two plans, we can solve for the number of months at which the costs become equal:

16.99 + 11.99x = 14.99x

where x represents the number of months. Simplifying the equation, we find:

16.99 = 14.99x - 11.99x

2x = 16.99

x ≈ 8.495

Since we cannot have a fraction of a month, we round up to the nearest whole month. Therefore, the Verizon plan becomes the worse deal after 8 months of service.

An alternative method to solve part 2a is by creating a table or graph that compares the total costs of the two plans over time. By plotting the cumulative costs for each month, we can visually identify the point at which the costs intersect and the Verizon plan becomes less favorable.

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What resource outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM

Answers

Answer: Policy & Procedure Guide

Explanation:

It should be noted that the MTM services can be performed by licensed pharmacist who have completed an outcomesMTM training or the students who are sounder a licensed pharmacist supervision.

Policy & Procedure Guide outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM.

______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

$10,000 Revenue, $5,000 Expenses. What is the Net Profit $?

Answers

Answer:

$5,000

Explanation:

5 RACKIES

An international business is a firm that
Part 2
A. hires​ non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.

Answers

Option D: An international business is a firm that engages in international trade or investment.

Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.

It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.

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What does it mean when the feds raise interest rates?.

Answers

Answer:

slowing the economy by pushing up borrowing rates and raising the annual percentage rate on savings

Explanation:

23 points left out

:$&:$:&,&,&,,

Answers

Answer:

Is this one of the people that give free points?

Answer:

thanks. may god bless you have a nice life.

Which organizational change approach is best known for its affirmation rather than problem-solving approach to change?

Answers

The approach best known for its affirmation rather than the problem-solving approach to change is appreciative inquiry.

This method focuses on valuing the characteristics of the micro and macro environment, affirming the strengths, successes and potentials of people and the environment.

Therefore, in appreciative investigation, there is no change in the method, but in the perception of organizational resources to broaden the vision of systems and extract the potential of people and situations.

As an advantage, this approach can help with motivation, increased job satisfaction, creativity and development of employees' skills.

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do
you know the answer?
Wesc torears I more incraven morediecteres Question 3 1pts A monopclist has a combtant marginal cost of \( \$ 30 \) per unit of output, and the price elasticity of demand is \( -3 \). What is the from

Answers

If price-elasticity of demand is -3, then firm's profit maximizing price will be $20.

The profit-maximizing price is determined by setting the marginal revenue (MR) equal to the marginal-cost (MC). By doing so, firm ensures that it maximizes its profits.

In this scenario, the price elasticity of demand is (-3). It indicates that a 1% increase in price would result in a 3% decrease in quantity demanded.

To optimize its profits, the monopolist sets the price at a level that covers its marginal cost ($30 per unit) while considering the responsiveness of demand to price changes.

By setting the price at $20, the firm strikes a balance between generating sufficient revenue and avoiding significant decline in demand, maximizing its overall profitability.

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The given question is incomplete, the complete question is

A monopolist has a combatant marginal cost of $30 per unit of output, and the price elasticity of demand is -3. What is the firm's profit maximizing price?

What is the purpose of a headline?
O introduce the text
O indicate the page or section break
o reduce the need for graphics
o divide the document

Answers

To introduce the text

I need help please n thanks

I need help please n thanks

Answers

Answer:

The first foundation is called THE foundation  You need to maintain a accurate balance so you can keep track

Explanation:

what is the dress code for an interview? group of answer choices it depends on the culture of the organization all of the above polo shirt and pants a suit

Answers

What ought we to dress for the interview, it depends on the culture of the organization. (OPTION A)

Dress professionally by wearing dark colored, fitted jeans or business pants. A midi or knee-length skirt can also be worn. Wear closed-toed flats or modest heels as your shoes. Avoid low-cut tops and opt for a well-fitting blouse or shirt.

What not to wear to a job interview?

Flip flops, wedge sandals, ripped jeans or shorts, tank tops, halter tops, sandals, strapless tops and skirts, and athletic wear like yoga pants and sneakers are all examples of clothing that is never appropriate for a job interview.

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What do you know about contracts?

Answers

Answer:

a contract is worth money for what your doing

if the entire output of a market is produced by a single seller, the firm

Answers

Answer:

that means the firm is very large

Select the correct calculation from the following list * One of the key figures used in a manufacturing account is 'raw materials used in manufacture'. How is this figure calculated? Opening inventory of raw materials + Closing inventory of raw materials + Purchases of raw materials Opening inventory of raw materials + Purchases of raw materials-Closing inventory of raw materials Closing inventory of raw materials + Purchases of raw materials - Opening inventory of raw materials Purchases of raw materials - Opening inventory of raw materials - Closing inventory of raw materials

Answers

The figure "raw materials used in manufacture" in a manufacturing account should be calculated as follows:

opening raw material inventories plus purchasing raw materials - Closing the raw materials inventory This formula considers the beginning raw material inventory, adds the purchases made throughout the accounting period, and then deducts the ending raw material inventory. The resulting number displays the volume of raw materials used or consumed during the designated time frame.

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The income earned by whoever has the right to import the good at the world price and sell it in the domestic market at the higher quota price is: Multiple choice question. quota rent. economic profit. trade rent. accounting profit.

Answers

Answer: quota rent

Explanation:

Which of the following is not one of the main stages of the online purchasing process? A) post-purchase service and loyalty. B) awareness. C) interaction

Answers

C) Interaction Post-purchase service is a crucial stage in the customer journey that occurs after a customer has made a purchase.

It involves the support and assistance provided to customers to ensure their satisfaction with the product or service they have acquired. Post-purchase service includes activities such as customer support, warranty management, product troubleshooting, repair services, and handling customer inquiries or complaints. The goal of post-purchase service is to maintain a positive customer experience, build customer loyalty, and foster long-term customer relationships. By addressing customer needs and concerns after the purchase, businesses can enhance customer satisfaction, reduce product returns, and generate positive word-of-mouth referrals. Effective post-purchase service contributes to customer retention and strengthens the reputation of a business in the market.

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You have decided to continue on with licensing your business to a firm in India. Much to your surprise, the Indian government has announced that it intends to enact local content law requirements. How will this impact the production of your products?

Answers

Answer:

You are not supposed to be allowed to import solar kits through India.

Explanation:

By laws requiring a predetermined reserve marketplace of providers for foreign operators to purchase from, local sourcing laws therefore will inevitably establish circumstances that are favorable to corruption and fraud. That was because regulations on local content enable businesses to use the very goods as well as products manufactured throughout the home economy and don't use imported products.

(HELP) Which details apply to a financing contract? Check all that apply.


A. requires a credit check

B. are always less expensive than using a credit card

C. includes interest rate information

D. requires a signature for rent-to-own agreements

E. can be broken at any time

Answers

c includes interest rate and

Casey has a job doing valet parking. Casey makes an hourly rate of $4. 55 per hour plus tips. Last week Casey worked 26 hours and made $898. 55. How much in tips did Casey earn last week? a. $34. 56 b. $118. 30 c. $157. 25 d. $780. 25.

Answers

Answer:

$4.55 * 26 hours = $118.3 $898.55 - $118.3 = $780.25 Casey has a job doing valet parking. Casey makes an hourly rate of $4.55 per hour plus tips. Last week Casey worked 26 hours and made $898.55. Casey earned $780.25 in tips last week.

Casey earned tips totaling to a whooping amount of $780.25. She has received these tips by working for twenty-six hours in the last week. So, the correct option is D.

The calculation of tips earned by Casey is done by subtracting the value of his income less the actual salary earned by her during the period.

Calculation of salary and tips

The information that has been provided to us is that Casey worked for 26 hours in the week at a salary rate of $4.55 per hour.

The total income of Casey is $898.55. The total salary of Casey can be calculated as using the following formula,

\(\rm Total\ Salary\ = Hourly\ Rate\ x\ Hours\ Worked\\\\\\\rm Total\ Salary= 4.55\ x\ 26\\\\\\\rm Total\ Salary= $118.3\)

So after finding the total salary of Casey, we will put the values of the salary in the formula required for computing earnings of Casey by way of tips,

\(\rm Tips = Total\ Income-\ Salary\\\\\\\ \rm Tips\ Received= 898.55- 118.3\\\\\\\rm Tips\ received= \$780.25 \\\)

So we have found that the total income of Casey by way of tips is $780.25 for the last week.

Hence, the correct option is D that Casey earned $780.25 by way of tips in the last week out of the $898.55 he earned.

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Should copyright laws still be around and protected?

Answers

Answer: yes

Explanation: people can make money off stealing other peoples stuff for eg music etc…

Jodi takes out a loan to buy a car for $29,000. If her monthly payment is $500 and the annual interest rate of the loan is 8%, how many payments must she make to pay off the loan?

Answers

Amount of Loan: $20,000.15% interest rate. Months in a Year = 12. Return = 12. The following formulas are necessary: Rate of Interest = 15/100 = 0.15.

Using a Microsoft Excel spreadsheet, this is possible. Please see the Excel file attached. Explanation: The following variables are required: Payment (Down payment) (Down payment). Loan Amt. Interest Rate. Monthly Rate. Number Months. I'll make the following assumptions for clarification. Car cost is $30,000.$10,000 is the total amount due (down payment). Amount of Loan: $20,000.15% interest rate. Months in a Year = 12. Return = 12. The following formulas are necessary: Rate of Interest = 15/100 = 0.15. Interest Rate/12 times Monthly Rate equals 0.0125. LA = Loan Amount. Monthly Rate = MR. Number of Months = n. Payment: ((1+MR)n-1)/((LA*MR*(1+MR)*(1+MR)n) At this time, (1+MR)n = (1+0.0125)12 = 1.1608. (20,000*0.0125*1.1608) is the cost (1.1608-1) Cost: 290.2 / 0.1608 = 1,804.7. Payment = [((1 + Monthly Rate)Number Months) - 1] [Loan Amt * Monthly Rate * (1 + Monthly Rate)Number Months].

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Does anyone want to be saved and acceot the lord jesus christ to come into your heart if you do please say these words out loud.
Lord I admit to you that I am a sinner, but i ask you to please forguve me from all of my sins. Lord god I repent and I turn away from them and never go back. Lord gold fill me with you Holy Spirit. Amen
Now from this day on read your bible and pray and talk to the Lord.
If you have done these things write back Remeber Jesus Loves You And I do To

Answers

Answer:

nah im goood

Explanation:

i dont feel like asking him to "forguve me from all of my sins"

very proud of u for sharing the good news and ik our Lord is too! don’t let those ppl discourage u! have a blessed day

Use the following data to answer the questions below:

Orders Cost

100 $1,840

70 $1,500

150 $2,520

110 $2,020

160 $2,750

170 $2,700

90 $1,600

1. Using the high-low method, prepare a cost formula for the order activity. Show your formula. What is the Variable cost per order? What is the Fixed cost?

2. Using this formula, what is the predicted cost of this activity in which 130 orders are processed?

Answers

The predicted cost of processing 130 orders is 2,220.

To prepare a cost formula using the high-low method, we need to find the variable cost per order and the fixed cost.

Step 1: Identify the high and low points:
The high point is when 170 orders were processed with a cost of 2,700.
The low point is when 70 orders were processed with a cost of 1,500.

Step 2: Calculate the change in cst oand change in orders:
Change in cost = High cost - Low cost = 2,700 - 1,500 = 1,200
Change in orders = High orders - Low orders = 170 - 70 = 100

Step 3: Calculate the variable cost per order:
Variable cost per order = Change in cost / Change in orders = 1,200 / 100 = $12

Step 4: Calculate the fixed cost:
Fixed cost = Total cost - (Variable cost per order * Total orders)
Total cost = Cost at any point (let's take the high point) = 2,700
Total orders = Orders at any point (let's take the high point) = 170
Fixed cost = 2,700 - (12 * 170) = 2,700 - 2,040 = 660

So, the cost formula for the order activity is:
Cost = 660 + (12 * Orders)

The variable cost per order is 12 and the fixed cost is 660.

Now, let's answer the second question.

To predict the cost of processing 130 orders using the formula:
Cost = 660 + (12 * Orders)
Cost = 660 + (12 * 130)
Cost = 660 + 1,560
Cost = 2,220

Therefore, the predicted cost of processing 130 orders is 2,220.

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i submitted my transfer applications 6 minutes late due to a technical problem. do you think my application will still be considered?

Answers

It is possible that your application may still be considered, depending on the school's policy. Many universities have provisions for late applications, often with a penalty such as a late fee or additional paperwork.

You should contact the school directly to inquire about their policies and discuss the technical problem you faced. If you explain the circumstances surrounding your late submission, the school may be willing to make an exception and accept your application.

It is important to act quickly and be prepared to provide any additional information the school may require. Ultimately, the school's policy will determine whether your application is still considered, so it is important to reach out and ask as soon as possible.

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Select the challenge(s) of each research approach to study the human brain and language. You must select all that apply to receive credit.

fMRI:(multiple answers)
a. Sensitivity to motion

b. Temporal resolution

c. Spatial resolution

d. Noise

Answers

The challenges associated with using fMRI (functional magnetic resonance imaging) to study the human brain and language include sensitivity to motion, lower temporal resolution, limitations in spatial resolution, and the presence of noise.

For the fMRI (functional magnetic resonance imaging) research approach to study the human brain and language, the following challenges apply:

a. Sensitivity to motion: fMRI is sensitive to motion artifacts, meaning that even slight movements by the participant can introduce noise and affect the quality of the imaging data. Participants need to remain as still as possible during the scanning process to obtain accurate results.

b. Temporal resolution: Compared to other imaging techniques such as EEG (electroencephalography), fMRI has lower temporal resolution. It cannot capture rapid changes in brain activity as it measures the hemodynamic response, which is a slower process.

c. Spatial resolution: fMRI has good spatial resolution, allowing researchers to identify brain regions involved in language processing. However, it still has limitations in precisely localizing smaller brain structures and distinguishing activity in closely adjacent regions.

d. Noise: fMRI scanning generates noise due to various factors, including the machinery, blood flow, and physiological processes of the participant. This noise can interfere with the signal and reduce the quality of the data, requiring additional preprocessing and filtering techniques.

Therefore, the challenges associated with fMRI in studying the human brain and language include sensitivity to motion, lower temporal resolution, limitations in spatial resolution, and the presence of noise.

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The top consumer complaint about bananas is how soon they start getting brown spots. Dole, a multinational agricultural company, most likely set ________ goal when it recently began adding stickers to bananas to promote the use of overripe bananas in the Yonanas machine (Dole owns 30 percent of the firm) to make a creamy, guilt-free dessert

Answers

The top purchaser's grievance about bananas is how quickly they begin getting brown spots. Dole, a multinational agricultural company, most likely set a customer satisfaction goal when it recently began adding stickers to bananas to promote the use of overripe bananas in the Yonanas gadget (Dole owns 30 percent of the company) to make a creamy, guilt-unfastened dessert.

A consumer refers to an individual or organization that purchases goods or services for personal or commercial use. Consumers are the end-users of products or services and are an essential component of any business's success. Understanding consumer behavior, preferences, and needs is critical for companies to develop successful marketing strategies and design products that meet their customers' demands.

Consumer behavior is influenced by a range of factors, including personal preferences, cultural values, social norms, economic conditions, and marketing messages. Companies must invest in market research to gain insight into consumer preferences and needs and tailor their products and marketing strategies to meet these demands.

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