The correct answer is b. $54,115. To calculate the annual deposit needed to meet future college expenses.
We need to use the present value formula:
PV = FV / (1 + r)^n
Where PV is the present value (or the total amount of money needed to be saved), FV is the future value (or the total cost of college expenses), r is the annual interest rate (10% in this case), and n is the number of years.
From the table, we can see that the total cost of college expenses is:
$25,000 + $27,000 + $29,000 + $31,000 = $112,000
To find the present value, we need to discount the future value back to the present using the formula above. We know that the daughter is currently 5 years old and will start college at age 18, which means there are 13 years until the first withdrawal. Therefore:
PV = $112,000 / (1 + 0.1)^13 = $36,881.17
This is the total amount that needs to be saved by the couple. To find the annual deposit needed, we can use the annuity formula:
PMT = PV * (r / (1 - (1 + r)^-n))
Where PMT is the annual deposit needed, PV is the present value, r is the annual interest rate, and n is the number of years.
In this case, we want to find the annual deposit needed from the daughter's 5th birthday (now) to her 16th birthday. There are 11 years until the last deposit, so n = 11. Plugging in the values, we get:
PMT = $36,881.17 * (0.1 / (1 - (1 + 0.1)^-11)) = $5,411.47
Therefore, the couple needs to deposit $5,411.47 annually from their daughter's 5th birthday to her 16th birthday to meet future college expenses.
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Explain how the U.S. economic system differs from the economic system in Cuba.
Somebody pls help me to this step by step. Only step by step one will get the brainliest.
10. Simplify:
a. (2a+3b)^3-(2a-3b)^3
Select the correct answer from each drop-down menu.
Which tools and techniques do operations managers use as part of a certain management function?
Project management tools and techniques, such as PERT, CPM, and Gantt Charts, are very useful to operations managers to carry out the ______ function in both manufacturing and service businesses.
5 steps in developing a research instrument
Answer:
Explanation:
Step 1 – Locating and Defining Issues or Problems. ...
Step 2 – Designing the Research Project. ...
Step 3 – Collecting Data. ...
Step 4 – Interpreting Research Data. ...
Step 5 – Report Research Findings.
Answer:Step 1: locatingOr defining issues problems problems
Step 2: designing the research project
Step 3: collecting data
Step 4: interpreting research data
Step 5: Report research findings
Explanation: it is there as soon a u look it up ! Hope that helps
Collaboration between two or more organizations that lowers costs and reduces manual effort among employees is enabled by a(n) _____.
An interorganizational information system is enables by relation between organizations to lowers costs and reduces manual effort among employees.
What is an interorganizational information system?This system refers to any form of shared information system among a group of companies..
In conclusion, this system allows an interchange of electronic data that allows fast computer-to-computer transfer of information.
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12. Consider the following rules: IF a = 10 R1 AND b = 15 THEN c = 20 IF b = 15 R2 AND a = 10 THEN c = 20 Are these two rules redundant? Why? Which rule is made redundant by the other?
The given rules are not redundant. The reason being both the rules are considered as different rules because of the different order of the condition of the rules. None of the rules is made redundant by the other.
Redundancy occurs when two or more rules have exactly the same conditions or they generate the same output. However, that is not the case in the given scenario. Hence, neither of the rules is made redundant by the other. Explanation:Redundancy in rules is very important to detect and remove.
It is because redundant rules take unnecessary memory space, and they also affect the performance of the system. As per the given rules, the condition of rule R1 is "IF a = 10 AND b = 15
THEN c = 20", whereas the condition of rule R2 is "IF b = 15 AND a = 10 THEN c = 20".
Therefore, the order of conditions in the rules is different, making both the rules different from each other.
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Scenario 3: Buying a cell phone plan It’s time to buy a new cell phone plan, and you will be paying for this one yourself. The providers offer a lot of options, and your budget is limited. What financial information do you need? What financial decision-making strategies can you use? (Cost comparison, cost-benefit analysis, calculating future expenses, or budgeting?)
Answer:
hi bestie
cost comparison
Explanation:
You are a potential stockholder and are concerned that a particular company you are ready to invest in, might have too much debt. which financial statement would provide you with the information needed to evaluate your concern?
You are a potential stockholder and are worried that a particular company you want to invest in has a large amount of debt. The financial statement that provides the information necessary to assess concerns is the balance sheet.
What are balance sheets?A balance sheet is a summary of a company's assets, liabilities and equity at a particular point in time. It is one of the basic documents that make up a company's financial statements. There are three types of balance sheets: Comparative balance sheet. Vertical balance sheet and Horizontal balance sheet.
Why use a balance sheet?A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their company. A balance sheet report on the organization's assets (what it owns) and liabilities (what it owes).
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At which point on the business cycle would most likely find cyclical unemployment?
Answer:
Recession cycle
Explanation:
Cyclical unemployment is the nature of unemployment caused by the natural cyclical trends in the economy. The economy undergoes seasons of boom and downturns. These seasons occur repetitively in a country from time to time.
When the economy is experiencing growth(boom or expansion), the production level is high, resulting in the creation of many job opportunities. During recessions ( economic downturns), demand and production decline leading to loss of jobs. The rate of unemployment increases. The type of unemployment created by the decline in economic activities is cyclical unemployment.
by what date must taxes be filed in the united states?
Answer:
april 15
Explanation:
its a direct question the isnt an explanation
The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
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.)
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
Receiving payment of a portion of an accounts receivable will___ a. not affect total assets. b. increase liabilities. c. increase stockholders' equity d. decrease net income.
The correct reply is choice a. Have no impact on whole assets. When cash is received from a purchaser on account, the corresponding quantity is reduced.
What takes place when you receive accounts receivable?On a trial balance, accounts receivable is a debit until the customer pays. Once the patron has paid, you may savings debts receivable and debit your cash account, when you consider that the money is now in your bank and no longer owed to you. The ending balance of debts receivable on your trial balance is commonly a debit.
Accounts receivable is a modern-day asset that results when a business enterprise reports revenues from sales of merchandise or the imparting of services on credit score using the accrual foundation of accounting. The effect on the company's balance sheet is an increase in present day assets and an make bigger in owner's or stockholders' equity.
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you can blank/what your tax liability through proper financial planning
Answer:
Hsdinabdkeakabeeisbsbdjhsuq
Janice is beginning an international shipping company and is seeking global investors. She will be sending information ahead and then traveling to various countries for face-to-face meetings with top investors. She is considering her options and comparing different types of business plans.
Which is best for her to create?
1.lean startup business plan
2.profit and loss statement
3.traditional business plan
4.vision statement
Considering the available options, the best business plan Janice should create in this situation is a "traditional business plan."
Why Traditional Business Plan?The Traditional Business Plan is a document that enables business firms a company to receive financial support such as investment, loans, etc., and to make future forecasts and effectively market to consumers or customers.
Therefore, since Janice will meet top investors, she should prepare a traditional business plan that will reveal the in and out of business, including the market analysis and the financial plan.
Hence, in this case, it is concluded that the correct answer is option C. "Traditional Business Plan."
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______ policy seeks to foster or discourage various economic or social activities, typically through subsidies or tax breaks.
Answer:
domestic
Explanation:
try it but i don't know! just a guess
Which of the following is a style trend?
A. An increase in the population of young parents in a neighborhood
B. The popularity of a new type of jeans
C. An increased concern for protecting the environment
D. The popularity of cell phones that can access the Internet
in which situation would a savings bond be the best investment to eam interest
Buys large quantities of products directly from the manufacturer and then sells small quantities to retailers.?
Answer:
Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller quantities at an even higher price to consumers.
Explanation:
Please give the brainliest.
14. Joss Norton deposited a check for $474.85 and a check for $821.15. He
received $50 In cash. What was his total deposits?
What will be the end result for the taxpayer who filed his federal income tax return.
If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.
What is the status of federal filing?
Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.
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if the conversion costs are $70,000, manufacturing overhead costs are $23,000, and direct material costs are $41,500, then the prime costs must be:
If the costs for conversion are $70,000, the costs for manufacturing overhead are $23,000, and the costs for direct materials are $41,500, then the prime costs are $88,500.
What is the prime cost of a cost sheet?Prime cost: This covers direct purchases, direct payments, and direct expenditures. Additionally, it goes by the titles basic cost, beginning cost, and flat cost. It can be defined as the total of the cost of the materials used, the labor associated with production, and the direct charges.
Prime costs are the total direct expenses of production, which include labor and raw materials. Examples of indirect costs that are not included in prime prices are utility costs, management compensation, and delivery costs. Businesses need to know the prime cost for each product they create in order to turn a profit.
Prime cost = Direct materials cost + Direct labor cost
Prime cost = $41,500 + ($70,000 - $23,000)
Prime cost = $88,500
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How is Biden an affect on America.
Ginger borrowed $3,000 from the bank, and promised to pay it back in 10 years. What is her debt maturity?
A. 3 years
B. 10 years
C. 5 years
The second option, debt maturity 10 years, is the correct one.
What exactly is debt maturity?Maturity refers to the number of years remaining until the original maturity period, which is the sum of the grace and installment periods. The grace period for principal is the time between signing the loan or issuing the financial instrument and the first repayment of principal. Debt maturity structure can have financial and real-world consequences. Short-term debt, typically defined as debt maturing within a year, exposes depositors to rollover risk (when financing terms are renegotiated to the borrower's detriment) and is associated with banking meltdown.
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5. Which type of negotiators are viewed as uncultured, ill-mannered and threatening? A. Blue negotiators B. Aggressive negotiators C. Red negotiators D. Purple negotiators 6. Which of the following factors, does not lead to negotiation breakdown? A. The negotiation parties B. Conflicting objectives C. Communication channels D. Role reversal 7. What is the reason for the importance of culture in global negotiations? A. Due to cultural diversity B. Culture is groupthink mentality C. The cultural control of the community D. Culture divides the society 8. Which of the following represents intergroup conflict? A. Disagreement between husband and wife B. Misunderstanding between subordinate and boss C. Feud between two families D. Clash between co-workers 9. The ultimate goal of the collective bargaining process is ________________. A. Agreement B. BATNA C. Strike D. Lockout 10. Which category of communication challenge occurs when negotiating parties speak different language and belong to different cultures? A. The problem of misunderstanding B. Absence of dialogue between negotiators C. The problem of hearing the speaker D. Hostility and suspicion of one another
5. Aggressive negotiators are viewed as uncultured, ill-mannered, and threatening negotiators. Aggressive negotiators use high-pressure tactics, ultimatums, and threats to gain an advantage in the negotiation process.
6. Communication channels do not lead to negotiation breakdown. Communication channels play an important role in the negotiation process as negotiators need to communicate clearly and effectively to achieve a mutually satisfactory outcome.
7. The reason for the importance of culture in global negotiations is due to cultural diversity. Different cultures have different values, beliefs, and behaviors, which can create misunderstandings and miscommunication in the negotiation process. Understanding and respecting cultural differences is important for building trust and achieving successful outcomes in global negotiations.
8. Feud between two families represents intergroup conflict. Intergroup conflict refers to a conflict that occurs between two or more groups, such as families, organizations, or nations.
9. The ultimate goal of the collective bargaining process is agreement. Collective bargaining is a negotiation process between an employer and a group of employees to determine the terms and conditions of employment. The goal of collective bargaining is to achieve a mutually acceptable agreement that benefits both parties.10. The category of communication challenge that occurs when negotiating parties speak different languages and belong to different cultures is the problem of misunderstanding.
Misunderstandings can occur when negotiating parties have different language skills, use different terminology, or have different cultural norms and values. Understanding and respecting cultural differences is important for avoiding misunderstandings and achieving successful outcomes in the negotiation process.
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In Country Z, the required reserve ratio is 10 percent. Assume that the central bank sells $50 million in government securities on the open market.Calculate each of the following.a. The total change in reserves in the banking systemb.The maximum possible change in the money supplyUsing a correctly labeled graph of the money market, show the impact of the central bank’s bond sale on the nominal interest rate.What is the impact of the central bank’s bond sale on the equilibrium price level in the short run?As a result of the price level change in part (c) , are people with fixed incomes better off, worse off, or unaffected? Explain.
The deposit multiplier states that if the reserve requirement is 10%, banks must hold 10% of all deposits in reserve but can generate money and boost the economy by lending out the remaining 90%. In other words, the bank can lend out $90 of a $100 deposit while keeping $10 in reserve.
The deposit multiplier is 10, for instance, if the statutory reserve ratio is 10%. For banks, this means that for every $10 deposited, a total of $1 must be retained in reserves, and for every dollar it is holding, the bank can raise the money supply by $10.
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Market failures A. prevent the price system from attaining economic efficiency. B. are usually caused by government interference in the economy. C. encourage people to purchase more of a good than they really want. D. encourage businesses to produce more of a good than they really want to.
Answer:
A
Explanation:
Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market.
Identity theft may
1. lower credit interest
2. reduce credit balances
3. affect the credit score
4. cancel debt-to-credit ratio
Identity theft may affect the credit score.
Analyse why a commercial bank may prefer to sell its services in foreign countries rather
than its home country.
Answer:
They'll make more business and money.
Explanation:
They will sell their country's services to them since they don't have their services in that country.
1.What is MONEY?
2.did MONEY help you?
pls ans im back