It is not advisable for a monopolist to sell as much as possible since eventually the price effect will outweigh the effect.
The ability of a monopolist to determine the price of an item or service is known as monopoly power. Monopolist industries produce less and charge greater costs than competitive ones.Positive marginal revenue results when the output effect exceeds the pricing effect (MR). The price effect is minimal compared to the output effect at high price levels where demand is elastic. Demand becomes less elastic as the price drops, the output impact weakens, and the price effect grows.To put it another way, when the price decreases, it gets difficult for the business to bring in enough new clients to make up the difference in revenue lost. The price effect eventually outweighs the output effect.Thus it is not advisable for a monopolist to sell as much as possible since eventually the price effect will outweigh the effect.
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royal jewelers inc. has an aftertax cost of debt of 7 percent. with a tax rate of 25 percent, what can you assume the yield on the debt is?
With a tax rate of 25 percent, the Yield on debt is 9.34%.
Given,
Aftertax cost of debt - 7 percent
Tax rate - 25 percent
So, a firm finances its debt from debt and equity in some proportion.
So, the Yield on debt is calculated below
After tax cost of debt = 7%
tax rate, t = 25% = 0.25
let the yield on debt be r
7% = r × (1 - t)
7% = r × (1 - 0.25)
7% = r × 0.75
r = 7% / 0.75
r = 9.34%
Hence, with a tax rate of 25 percent, the Yield on the debt is 9.34%
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g what is the annual depreciation expense expected to be in 2nd year of the project (including year 0) if the equipment is depreciated straight-line to $20000 over 2 years?
Because depreciation spreads an asset's cost across its lifetime, keeping track of depreciation expenses is crucial for reporting purposes.
The straight-line method is the simplest way to figure out this expense. Divide the asset's cost by its salvage value, then multiply the result by the asset's usable life.
How is depreciation for the second year determined?
A Straight-Line Approach The amount that can be written off as a deduction is calculated by deducting the asset's cost from its salvage value. Subtract this sum from the asset's useful life, which is measured in years. You may calculate the asset's monthly depreciation by dividing by 12.
How Is Straight Line Depreciation Calculated?
Divide net price (buy price minus salvage price) by the asset's number of usable years to get depreciation on a straight-line basis.
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the premium on a long term call option on the market index with an exercise price of 950 is $12.00 when originally purchased. after 6 months the position is closed, and the index spot price is 970. if interest rates are 0.5% per month, what is the call payoff?
The call payoff is $15.00.
Call option payout refers to the profit or loss that the option buyer or seller makes on the trade. Keep in mind that there are three main variables to consider when pricing call options. Strike price expiry date and premium. 1 These variables calculate payouts generated from call options. The profit potential is limited to credits received on the sale of calls.
Profitability of options at various price terms. There is a strike price at which the option is purchased, which is the basis for evaluating option payouts. A long call option's payoff chart is a straight line between zero and the strike price with the payoff being a loss equal to the acquisition cost of the option. Payment at Maturity and Profit The payment at maturity is the amount an investor would receive at maturity if he followed the option strategy.
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The first stage of the atkinson–shiffrin model involved the retention of large amounts of incoming data for brief amounts of time. This is called.
The first stage of the Atkinson–Shiffrin model involved the retention of large amounts of incoming data for brief amounts of time. This is called sensory memory.
Richard Atkinson and Richard Shiffrin proposed the multi-store model of memory, commonly known as the modal model, in 1968. It is a structural model. A sensory register, short-term memory (STM), and long-term memory (LTM) were suggested as the three stores that made up memory (LTM).Richard Atkinson and Richard Shiffrin proposed the Atkinson-Shiffrin model of memory in 1968. A memory must move through the three independent phases of sensory memory, short-term memory, and long-term memory before it can be stored (i.e., go into long-term memory). Richard Atkinson and Richard Shiffrin were the ones who first suggested these stages (1968).Hippocampal lesion studies are used by Atkinson and Shiffrin as strong support for separating the two stores. According to these research, patients who had bilateral hippocampal injury had almost no capacity to create new long-term memories, even while their short-term memory was unaffected.Thus this is the meaning of Atkinson–Shiffrin model.
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Definition influences the number of substitutes.
a. True
b. False
This is true that Market Definition influences the number of substitutes.
A market is an arrangement of systems, organizations, processes, friendly connections, or infrastructures whereby bodies undertake exchange. While bodies can exchange goods and duties by haggling, most markets depend on sellers' contribution of their goods or duties to consumers in consideration of services.
Market definition supports an examining foundation for the last inquiry of whether the conduct or undertaking is inclined to produce anticompetitive effects. A substitute is a fruit or duty that may be surely replaced accompanying another by a customer. In commerce, commodities are often substitutes if the demand for individual devices increases when the price of the added goes up.
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beginning inventory for the month contained 2,000 units that were 70% complete with respect to materials. during the month, 60,000 units were completed and transferred out. ending inventory contained 3,000 units, 20% complete with respect to materials. the weighted average equivalent units of production for materials for the month would be
The weighted average equivalent units of production for materials for the month would be 60600.
Equivalent units are Calculated by multiplying the number of physical units installed by the percentage of completed units. An equivalent unit is the same as a physical unit if the physical unit is 100% complete. An equivalent unit of production is a representation of the amount of work a manufacturer performs on a partially completed unit of production at the end of an accounting period.
Basically, finished products and semi-finished products are expressed as finished products. Equivalent units are calculated to easily allocate manufacturing costs to fully and partially completed units produced. This is used to calculate the number of units at the end of the period. This is the number of finished units of an item that a company could theoretically have produced given the number of direct materials and direct labor.
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formative evaluation involves collecting data about a training program from trainees mainly through __________.
Formative evaluation involves collecting data about a training program from trainees mainly through their opinions and feelings about the program.
Evaluation is an assessment process. In learning, evaluation can be interpreted as a process of measuring the effectiveness of the strategies used in an effort to achieve learning objectives because the data obtained from the measurement results will be used as analysis in learning.
Formative evaluation is an evaluation that is carried out at the end of each discussion of a subject / topic and is intended to determine the extent to which a learning process has gone as planned, stating that what is meant by formative evaluation is the use of tests during the ongoing learning process, so that students and teachers get information (feedback) about the progress that has been achieved.
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4. the multiplier effect of a change in government purchases consider a hypothetical closed economy in which households spend $0.75 of each additional dollar they earn and save the remaining $0.25. the marginal propensity to consume (mpc) for this economy is , and the multiplier for this economy is . suppose the government in this economy decides to decrease government purchases by $250 billion. the decrease in government purchases will lead to a decrease in income, generating an initial change in consumption equal to . this decreases income yet again, causing a second change in consumption equal to . the total change in demand resulting from the initial change in government spending is .
The total change in demand resulting from the initial change in government spending is
MPC = .75
Multiplier = 1/(1-.75) = 4
Initial change in consumption = .75*250 = $187.5 Billion
Second change in consumption = .75*187.5 = $140.625 Billion
Total change in demand = 250*multiplier = 250*4 = $1000 billion or $1 trillion (decreasing)
The initial change of distribution (Vi) is a pharmacological term used to quantify the distribution of a drug at some point in the body quite quickly after oral or intravenous dosing of a drug and previous to the drug attaining a constant country equilibrium.
The standard component is C = m/V, wherein C is the awareness, m is the mass of the solute dissolved, and V is the total extent of the solution. If you have a small concentration, find the solution in parts per million (ppm) to make it easier to follow.
At the equivalence factor, the moles of the added base might be identical to the moles of the original acid, this permits the determination of the variety of moles of the original acid. This will then be blended with the authentic volume of the analyte method to determine its concentration.
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What term is used to describe the method that allows coplink to access many different databases of law enforcement agencies with varying data fields?.
The term is used to describe the method that allows copy link to access many different databases of law enforcement agencies with varying data fields is a multi-dimensional approach Option A
This is further explained below.
What is a multi-dimensional approach?Generally, Because we are utilizing an appropriate and specialized way to access the data basis of law enforcement under multiple data fields, we are able to state that the described method operates under the term known as a multi-dimensional approach.
This is an approach in which the database is accessed and analyzed via numerous dimensions, or we can call data to feel categories, in order to produce appropriate results and more efficient functioning.
In summary, we may reach the following conclusion after reviewing the information presented above: the choice that was picked is the optimal response to the inquiry that was posed.
The question that was presented before has been addressed and clarified; if you have any other questions, please leave them in the comments area below.
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The consumer price index measures the average price for a market basket of goods and services purchased by the typical ______ from one year to the next.
The consumer price index measures the average price for a market basket of goods and services purchased by the typical consumer from one year to the next.
The monthly change in prices paid by American consumers is tracked by the Consumer Price Index (CPI). The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a selection of products and services indicative of total consumer spending in the United States. The CPI is one of the most widely used indicators of inflation and deflation. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI report employs a different survey methodology, price samples, and index weights.
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which performance appraisal tool requires supervisors to categorize employees from best to worst on various traits?
The alternate ranking approach is a tool used in performance management to assess and evaluate employee performance inside a firm.
What is alternate ranking?Alternate ranking is a performance evaluation technique for workers in which the assessor chooses the best and worst workers based on a particular attribute or criterion and ranks them appropriately. The list of employees who participated in rating comes first. The best employee is then chosen and placed at the top of the ranking based on the predetermined attribute or criterion. Later, the assessor chooses the employee with the poorest performance and places him or her last. The second highest and second-least rated employees are once more added to the rank list starting at the top and bottom. The highest and lowest employees are rated alternately until all employees have been ranked.
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During the market introduction stage of the product life cycle, it takes time for customers to learn that a new product is available; therefore, a firm must invest heavily in ______.
During the market introduction stage of the product life cycle, it takes time for customers to learn that a new product is available; therefore, a firm must invest heavily in promotion.
Promotion: The full collection of actions that inform users about a product, brand, or service are referred to as promotions. The goal is to raise awareness, draw customers in, and persuade them to choose the product over rivals. Numerous promotion kinds exist. Advertising, press releases, and consumer promotions (schemes, discounts, competitions) are examples of above-the-line promotions. Below-the-line promotions include trade discounts, freebies, incentive trips, prizes, and other similar things. The total promotion effort includes sales promotion.
1. Personal selling is one of the best strategies to build relationships with customers. Such selling functions best when a positive working connection has been established over time.
This can be costly and time-consuming, but it works best for high-end or luxury goods.
2. Sales promotions, as opposed to advertising, PR, and public relations, include giveaways, competitions, discounts, free services, passes, tickets, and so on.
3. Public relations: PR is an intentional, organized, and ongoing endeavor to create and preserve a sense of mutual respect between a corporation and the general public.
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Rgh enterprises is able to produce a wide line of garden tools and sells a high volume, and thus can capitalize on economies of scale and charge lower prices than its competitors. Rgh enterprises is using the ________ strategy.
Rgh Enterprise use a cost-leadership strategy. It can manufacture a wide range of garden equipment and sell in large quantities, allowing it to take advantage of economies of scale and charge lower costs than competitors.
A company's cost leadership strategy is based on its ability to reduce manufacturing costs while still offering high-quality products at competitive pricing. It is a good technique for huge corporations with significant purchasing power, but it is less effective for small enterprises.Cost leadership in business strategy refers to getting a competitive advantage by having the lowest cost of operating in the industry. Cost leadership is typically driven by firm efficiency, size, scale, scope, and collected experience.A company that practices cost leadership provides adequate quality and characteristics to a wide range of clients at a cheap cost. For example, Super Shoes sells low-cost name-brand footwear. Another example is Little Debbie snack cakes.Thus this is the answer of cost leadership strategy.
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which form would an individual use who has less than $100,000 in taxable income from wages, salaries, tips, unemployment compensation, interest, or dividends, and who is married and does not itemize deductions?
The individual would use Form 1040A for less than $100,000 in taxable in come.
One of the three forms you might use to file your federal income tax return is the IRS Form 1040A. Form 1040A is a condensed version of Form 1040, which is longer and more complicated than Form 1040EZ. All taxpayers may use Form 1040, but in order to use Form 1040A, you must meet a number of criteria, including having taxable income of $100,000 or less and choosing the standard deduction over the itemized deduction.
Before entering any income, you must select your filing status on Form 1040A and make a list of your dependents. Your income tax is calculated using various tax brackets depending on your filing status, such as "single" or "married filing jointly."
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when it arrived, i cashed your check immediately is an example of . a. effective business writing b. reader orientation c. a long lead-in d. saying the obvious
To state the obvious, say "when it arrived, I cashed your cheque right away."
Currency or coins are considered legal tender and can be used to pay for goods, settle debts, or exchange services. In some cases, the value of cashed assets that can be quickly converted into cash is also included, as provided by a corporation.
Money in the physical sense is also referred to as cash. In a business setting, cash is often comprised of bank accounts and marketable obvious securities like government bonds and banker's acceptances.
Even though the phrase "cash" usually refers to money in the hand, it can obvious also refer to funds in checking or savings accounts, as well as to any other cash kind of money that is readily available and can be swiftly converted into actual cash.
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To state the obvious, say "when it arrived, I cashed your cheque right away."
Currency or coins are considered legal tender and can be used to pay for obvious goods, settle debts, or exchange services. In some cases, the value of cashed assets that can be quickly converted into cash is also included, as provided by a corporation.
Money in the physical sense is also referred to as cash. In a business setting, cash is often comprised of bank accounts and marketable obvious securities like government bonds and banker's acceptances.
Even though the phrase "cash" usually refers to money in the hand, it can obvious also refer to funds in checking or savings accounts, as well as to obvious any other cash kind of money that is readily available and can be swiftly converted into actual cash.
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an evaluation of training that is conducted to ascertain the extent to which trainees have changed after participating in a training program is known as
An evaluation of training that is conducted to ascertain the extent to which trainees have changed after participating in a training program is known as Summative evaluation
To determine how much learners have changed after taking part in a training program, an evaluation of training is carried out. Training entails the skills a diver needs to become skilled and safe while diving in a certain environment without the assistance of a leader from outside. A "tag along" diver, or a diver who solely participates in dives lead by more experienced divers, has been said to be acceptable with less training.
The act of evaluating anything by determining its degree, significance, quantity, or worth: Once all the data has been gathered, the effectiveness of this new treatment can be evaluated.
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What would realists find to be important factors in explaining the russia-ukraine conflict?
A Russian military buildup on Ukraine's border in 2021 and 2022 exacerbated tensions and worsened bilateral ties between the two nations.
Ukraine severed diplomatic ties with Russia in retaliation for its incursion. In numerous areas across Ukraine, streets with Russian historical figures' names and monuments signifying the goodwill between Russia and Ukraine have been taken down.
Relationships between the two nations deteriorated after the 2014 Ukrainian Revolution, which was followed by Russia's annexation of Crimea from Ukraine, and as a result of Russia's support for separatist fighters from the Donetsk People's Republic and the Luhansk People's Republic in a conflict that had cost more than 13,000 lives by early 2020 and led to Western sanctions against Russia. Numerous bilateral agreements have been canceled, and economic ties have been severed.
The main goal of the Russian leader was to invade Ukraine, overthrow its government, and put an end to Ukraine's aspirations to join NATO, a Western defensive alliance.
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Jane’s utility function is u(x, y) = x 46y − 2y^2u(x,y)=x 46y−2y 2 . her income is $135. the price of x is $1 and the price of y is $18. how many units of good x will Wanda demand?
Units of good x Wanda will demand is 9.
Unit(x, y) = x + 46y − 2y2
=(∙)
= 1
= (∙)
=46 − 4
= −
= − 1
46 − 4
, ⇒ = −
1/46 − 4 =1/18
46 − 4 = 18
= 7
135 = 1 + 18(7)
= 9
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In the short run, the law of diminishing marginal product is the cause of _________.
The regulation of diminishing marginal productiveness states that enter price blessings normally decrease marginally as manufacturing tiers increase.
The required details for the law of diminishing marginal product in given paragraph
The regulation of diminishing marginal returns is a principle in economics that predicts that once a few surest stage of capability is reached, including an extra component of manufacturing will certainly bring about smaller will increase in output. For example, a manufacturing unit employs people to fabricate its products, and, at a few point, the organization operates at an surest stage. With all different manufacturing elements constant, including extra people past this surest stage will bring about much less green operations.
The regulation of diminishing returns is associated with the idea of diminishing marginal utility. It also can be contrasted with economies of scale.
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Managers with a low tolerance for ambiguity and an orientation toward task and technical concerns when making decisions have a behavioral decision-making style. True or false?.
Managers with a low tolerance for ambiguity and an orientation toward task and technical concerns when making decisions have a behavioral decision-making style. The given statement is False.
What is Manager?A manager is an individual who is respoonisble for all the coordinating and controlling activities took place in an organization by optimum utilisation of rtesources to accomplish the goal.
A decision-making style known as problem-solving and decision is characterized by a poor tolerance for ambiguity and a preference for the task and technical considerations.
Therefore, the given Statement is false.
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if a small country imposes a tariff, then group of answer choices the world price on that item will shift. the producers must suffer a loss. the consumers must suffer a loss. the government revenue must suffer a loss. the demand curve must shift to the left.
If a small country imposes a tariff, then consumers must suffer a loss.
The tariff has a negative impact on the consumers of the importing country. Market consumer surplus is decreased by the rise in domestic prices for both imported and domestic items.
The tariff benefits the producers in the importing country. The increase in product price raises the market producer surplus. As a result of the tariff, the government also gets benefitted. These funds assist a variety of government expenditure initiatives, helping the government as a whole.
What are tariffs?A tariff is a levy imposed on imports and exports of goods. When a tariff is applied to a product, the price of that product increases. Tariffs are generally levied on imports.
What is the purpose of tariffs ?
Generally, tariffs are employed to safeguard a nation's economic interests. Tariffs can:
Help domestic businesses sell more products by increasing the price of some imported commodities.Help in employment generation.Protect emerging firms from global competition.To know more about tariffs, visit :
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linda recognizes that a search campaign could bring significant value to her ecommerce business. which two solutions can linda achieve via a search campaign?
When someone is looking for the kinds of things Linda sells, her company could be present. and when businesses that are comparable to hers appear in search results, her firm may too. dependable service that is safe and secure. trusted by over 100 customers.
With the use of a search campaign, Linda can accomplish two things: first, her company can be found when someone is looking for the kinds of products she sells, and second, it can appear on search results when companies that are comparable to hers are.
Lower bounce rates for landing pages are associated with more ads in an ad group. An ad group's quality score will increase if there are more ads in it. Ad groups with more advertisements enable search engines to offer the top-performing ad for each individual auction.
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in year 1, boise purchased 10,000 shares of treasury stock for $5 per share. in year 3, boise reissued 1,000 shares of treasury stock for $8 per share. the journal entry to record the transaction in year 3 will include (select all that apply.)
The journal entry to record the treasury stock transaction in year 3 will include:
A. credit treasury stock for $5,000.D. credit to paid-in capital from treasury stock for $3,000.How are treasury stock transactions recorded?There are two methods for recording treasury stock transactions.
One is the cost method, where entries are made in the Treasury Stock account only.
The second is the par value method, where entries are made in both the Treasury Stock account (par value) and the Additional Paid-in Capital account (excess receipt or payment).
Transaction Analysis:Year 1: Treasury Stock $50,000 Cash $50,000
Year 3: Cash $8,000 Treasury Stock $5,000 Additional Paid-in Capital $3,000
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Question Completion:A. credit treasury stock for $5,000.
B. credit treasury stock for $8,000.
C. credit to retained earnings for $3,000.
D. credit to paid-in capital from treasury stock for $3,000.
E. debit to common stock for $2,000.
over the years, crest has added a variety of different toothpastes under its brand name, such as cavity-protection crest, sensitive-teeth protection crest, baking soda crest, tartar protection crest, and crest for these additions are examples of:
These additions are examples of: product line extensions.
What are line extentions?
Over the years, Crest has added a variety of different toothpastes to its brand, such as Cavity-Protection Crest, Sensitive-Teeth Protection Crest, Baking Soda Crest, Tartar Protection Crest, and Crest for Kids. These additions are examples of: product line extensions.The expansion of an established product line is referred to as line extension. For instance, a soft drink company might add a "Diet" or "Cherry" variety to its cola range, or a toy company might add new action figure characters or accessories. To put it simply, line extensions increase the variety of an existing product in order to attract a wider range of clients and retain current ones by offering them more choices.Learn more about line extentions click here:
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Sometimes economists disagree because their scientific judgments differ. which of the following instances best reflects this source of disagreement?
a. One economist belleves that we should have a proportional rather than a progressive tax system; another economist believes that those in the top 5% of income eamers should pay a higher percentage of their income in taxes.
b. One economist believes that the level of household saving would not be affected by a change in the tax laws; another economist believes that taxing a household's consumption would change a household's saving behavior.
c. One economist believes in taxing cigarette manufacturers in order to try to decrease second-hand smoke; another economist believes the government should not intervene in free markets.
d. One economist believes that everyone should be given tree health care, another economist believes that free markets should determine the distribution of health care benefits in a society
Economics is a social science and every individual scientific judgments differ from each other.
a) in this case when one economist focuses on proportional tax (same tax rate for all the income groups) rather than progressive tax (ratio of the tax that increases with income), the other economist fairly disagree to it and focuses on the higher percentage of taxes from the group of people who are earning more. He supports equality and equity instead of immoral inequalities in case of taking a fair share of taxes from high income group.
b) A large proportion of people would agree with the second notion that tax rates definitely affects the saving patterns of households e.g. if there is a lot of indirect taxes in an economy. People wont be able to save more.
c) The first economist would impose taxes in order to restrict the use of cigarettes' and will try to remove negative externalities from it. The second economist is a strong believer of classical school of thought and would restrict the government intervention.
d) The free market system generates products and services more effectively than any alternative when it is operating properly. It generates strong incentives for innovation and generally makes sure that people's salaries are commensurate with the value they contribute to society through their labor.
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Believing that women are too submissive to be good leaders is an example of _____. Whereas, not promoting someone to a leadership position because she is a woman is an example of _____.
Believing that women are too submissive to be good leaders is an example of prejudice. Whereas, not promoting someone to a leadership position because she is a woman is an example of discrimination.
Sex discrimination can happen at any time and in any place, but it has serious consequences for people in the workplace. Employees who have been subjected to gender discrimination may be able to make a claim.Prejudiced treatment in employing or firing processes on account of gender, being transferred over for a promotion on account of gender; also known as the "glass ceiling," being reimbursed less than a male employee who does the same job, being subordinate to unwanted sexual advances, demands for sexual favors, or other forms of sexual abuse, and being the topic of abusive language or slurs on account of being female are examples of gender discrimination and harassment.These are the few prejudice and discrimination against woman.
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when decentralized governmental units operate independently and compete with each other, governments will attract residents and expand their tax base when?
When decentralized governmental units operate independently and compete with each other, governments will attract residents and expand their tax base when They provide residents with desired services at an attractive tax cost.
A decentralized government is one in which authority is spread over a legislative body rather than keeping it in the hands of a select few. Decentralized government is made to ensure that power is not concentrated in hands of few but should be distributed among many, so that an efficient decision can be made for the welfare of people and society as whole.
Decentralized government gives individuals more power through an elected member government in an attempt to tackle problems in society. Decentralized government may refer to constitutional or legislative changes, the creation of regional political organizations or new political parties, etc.
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when the main points of your speech are arranged according to geography or location, you are using a ______ pattern of organization.
when the main points of your speech are arranged according to geography or location, you are using a spatial pattern of organization.
Geography is the study of the nations of the world. The study of the lands, terrain, people, and natural phenomena that occur on Earth is the focus of the science of geography. The word "" was originally used as the title of a book by Greek scholar Eratosthenes, according to historical records. It is the goal of geography, an all-encompassing field of study, to comprehend not just the physical locations of things but also their historical development and human and natural complexity. While geography is exclusive to Earth, planetary science ideas can be applied more extensively to other celestial planets.
The distance between two or more physical locations or objects can be calculated using a spatial pattern. In the study of spatial pattern analysis, also referred to as spatial distribution, spatial patterns are used.
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indicate to which business activity operating activity
Cash inflow and cash receipts from clients show which business activity is currently operating.
a. Operation activity Cash received from customers Inflow of cash
b. Financing activity Cash paid to stockholders (dividends) outflow of cash
c. Financing activity Cash received from issuing new common stock inflow of cash
d. Operating activity Cash paid to suppliers outflow of cash
e. Investing activity Cash paid to purchase a new office building outflow of cash
If you're considering investing in a firm, you've probably heard of cash inflow. A business may eventually go bankrupt if it has a smaller cash inflow than cash outflow. You can assess cashflow statement if taking on investment risk is worthwhile in light of prospective rewards by comparing a company's cash inflow and outflow.
A cashflow statement, often known as a CFS, is one approach to assess a company's health. A CFS reveals how much money is being brought into the business from all of its many sources. Observing the long-term Cash inflow patterns in the sources and methods of the company's revenue and expenditures is also helpful.
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how+much+can+be+accumulated+for+retirement+if+$2000+is+deposited+annually,+beginning+one+year+from+today,+and+the+account+earns+7%+interest+compounded+annually+for+49+years?
The future value after 49 years of retirement is 55,059.86$.
The accumulation of retirement can be found by using the future value of the investment. The future value depends on the initial deposited money, interest rate, and total years. It can be written as
A = P((1+r) / n )^(n.t)
Where A is future value, P is initial deposited money, r is interest rate, n is periods and t is total time.
From the question above, the given parameters are
P = 2000$
r = 7% = 0.07
n = 1 year
t = 49 years
By substituting the given parameters, we get
A = P((1+r) / n )^(n.t)
A = 2000((1+0.07) / 1)^(1 . 49)
A = 55,059.86$
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