You want to have $5 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is 13 percent and the inflation rate is 4.4 percent. 1.) What real amount must you deposit each year to achieve your goal? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e. g., 32.16)) $Deposit Amount

Walter wants to deposit $1,500 into a certificate of deposit at the end of each ofthe next 6 years. the deposits will earn 5 percent compound annual interest. ifwalter follows through with his plan, approximately how much will be in his accountimmediately after the sixth deposit is made?

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)

Which of the following functions finds the highest value of selected inputs? a. high b. hvalue c. max