Tim currently has $25,000 saved. He plans to save $74,000 per year for 5 years, with his first annual savings contribution expected in 1 year. He then plans to withdraw $150,000 per year for as long as he can. Tim expects to earn 12.6 percent per year. How many payments of $150,000 can Tim expect to receive if his first annual payment of $150,000 is received in 6 years? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).

Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. true or false

Why is efficiency an important economic goal?