Business, 18.11.2020 17:40 ozheng24112
Katie just turned 25 today. By her 60th birthday she would like to have $1,000,000 saved. She plans to invest equal annual payments beginning with her 27th birthday and ending on her 60th birthday. If all invested funds earn 8% annually, how much does she need to invest each year to have exactly $1,000,000 by her 60th birthday?
a. $28,571.43
b. $6,304.11
c. $5,803.26
d. $5,344.67
Answers: 2
Business, 21.06.2019 22:20, trea56
Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?
Answers: 1
Business, 21.06.2019 22:50, emmanuelcampbel
What happens when a bank is required to hold more money in reserve?
Answers: 3
Business, 22.06.2019 11:30, deedivinya
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
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Katie just turned 25 today. By her 60th birthday she would like to have $1,000,000 saved. She plans...
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