When you retire 35 years from now, you want to have $1.25 million. You think you can earn an average of 13.5 percent on your investments. To meet your goal, you are trying to decide whether to deposit a lump sum today, or to wait and deposit a lump sum 2 years from today. How much more will you have to deposit as a lump sum if you wait for 2 years before making the deposit

Answers

Answer 1

Answer:

$19,144.61

Explanation:

The first step would be to determine the present value of $1.25 million. After, the future value of that amount in 2 years has to be calculated

The formula for calculating future value:

P = FV / (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

$1.25 million /  (1.135)^35 = $14,861.23

Now we find the future value using this formula :

FV = P (1 + r)^n

$14,861.23 x (1.135)^2 = $19,144.61


Related Questions

why are professions important?​

Answers

Profession is important bcz it take part in each situation of your life, if you have the profession of something u mostly like will help you in every situation of your life that’s why it is more important

which of the following is a tertiary ratio that drives profitability?

Review Later
EBIT / Sales
Net Profit / Sales
EBIT / Net Profit
SG&A Expense / Sales

Answers

The SG&A Expense/Sales is the tertiary ratio that drives profitability.

What is SG&A Expense/Sales?

This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.

As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.

Therefore, E is correct.

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A customer calls in to inquire about your product. They're curious if it's really the right product for their business and they ask if you offer any products that cater to small businesses. What would you do?

1. "I can definitely assist you with finding the best product your business needs. To start, why don’t you tell me about a bit about your business."

2. "We absolutely can help you out! Did you happen to review our website for the packages we offer or maybe you already have a package in mind?"

3. “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need."

Answers

Answer:

I would use suggestions 3 so that the customer has a better understanding of the products

There would be the suggestion as related to product “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need.” Thus, the option (c) is correct.

What is product?

The term “product” refers to the item or object can be sold. The product always tangible. The product are manufactured with the help of machines. The product is based on durable and non-durable product. The product is delivered with multiple channels are one level, two level and three level depend on product.

A costumer is call to injury about product features, price, and quality and different question asked. The costumer is very curious about on related to the product and business.

The product company helper to assist the costumer to go to her business website and search the product details and features than choose the product. Then ask any doubt its better understand to costumer.

Therefore, option (c) is correct.

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4. You are making a punch for an upcoming party. The recipe calls for 2½ parts ginger ale to 4/5
parts grenadine to 1% parts vodka. If your punch bowl can hold 8.5 litres, how much (in litres)
each ingredient is needed? Round the answers to two decimals as needed.

Answers

Based on the ingredients and drinks needed to make a punch bowl, the quantity of each ingredient that is needed is:

4.55 liters of ginger ale 1.45 liters of grenadine 2.5 liters of vodka

How much of each ingredient is needed?

Assuming that the amounts of each ingredient is x, the formula would be:

8.5 = 2.5x + 0.8x + 1.375x

Solving gives:

4.675x = 8.5

x = 8.5 / 4.675

=  1.818181

Using this value of x, we can then find the quantity of vodka needed to be 2.5 liters.

Grenadine would need 1.45 liters and Ginger Ale would need the highest amount of 4.55 liters.

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I need help.
Question 3 of 24
FICA deductions are an example of a
A. savings
B. voluntary
C. health benefit
D. mandatory
deduction.

Answers

Answer:

d ) mandatory deduction

A $298 petty cash fund has cash of $32 and receipts of $247. The journal entry to replenish the account would include credit to Petty Cash for $247. debit to Cash for $247. debit to Petty Cash for $266. credit to Cash for $266.

Answers

The journal entry to replenish the petty cash account is credit to Cash for $266.

How would petty cash be replenished?

The amount that needs to be replenished is:

= Petty cash fund - cash

= 298 - 32

= $266

This amount needs to be taken from the cash account which is why the cash account will be credited with $266.

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20pts
Income and education both represent which type of market segmentation?
O A demographic
OB. psychographic
OC. polygraphic
O D. metrographic

Answers

Answer:

Demographic

Explanation:

Income range and education levels can both be used as targeted demographics.

on october 1 a client pays a company the full 12000 balance of a year long contract. Using the accrual method what is the unearned revenue as of December 31

Answers

Based on the amount the client paid on October 1, the unearned revenue as at December 31 is $9,000.

How can the unearned revenue be found?

First, find the monthly revenue:

= 12,000 / 12

=$1,000

From October 1 to December 31 is 3 months so 3 months of revenue has been recognized.

Unearned revenue is:

= 12,000 - (3 x 1,000)

= $9,000

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What is the journal entry for declaring $9000 dividend to be paid next month

Answers

The journal entry for declaring a $9,000 dividend to be paid in the coming month is:

Date                   Account Title                                      Debit          Credit

XX-XX-XXXX    Retained earnings                           $9,000

                          Dividends Payable                                               $9,000

How is dividend declared recorded?

The Retained earnings account will be debited to show that the account is decreasing. This is because dividends are taken from the retained earnings of a company.

The dividends payable account will be credited with $9,000 to show that the company now owes its shareholders $9,000. This will then be debited next month to show payment.

In conclusion, retained earnings are debited, and dividends payable are credited.

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Firms will generally make-to-order when

Answers

Firms will generally make-to-order when the demand for goods is not stable.

What is Make to order?

Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.

The products may be customized and its usually done when a company has less demand or work.

Therefore, Firms will generally make-to-order when the demand for goods is not stable.

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If a project costing $92000 has a profitability index of 1 and the discount rate was 12%, then the present value of the net cash flows was

a. undeterminable.
b. less than $92000.
c. $92000.
d. greater than $92000.

Answers

The present value of the net cash flows was $92,000.

Given,

Project costing = $92000

Profitability index = 1

the discount rate was 12%

The profitability index (PI) quantifies the allure of a project or investment.

The present value of anticipated future cash flows is divided by the project's initial investment to determine the PI.

A PI of at least 1.0 is considered to be a decent investment, with higher levels indicating more alluring projects.

Using the Profitability index formula,

Profitability index = Net Present value of cash inflows / Initial Investment

1 = Present value of cash inflows / $92,000

Present value of cash inflows = $92,000

Hence, the present value of the net cash flows was $92,000.

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Quantitative Problem 2: Hadley Inc. forecasts the year-end free cash flows (in millions) shown below.

Year 1 2 3 4 5
FCF -$22.77 $37.1 $43.5 $53 $56.2
The weighted average cost of capital is 12%, and the FCFs are expected to continue growing at a 3% rate after Year 5. The firm has $26 million of market-value debt, but it has no preferred stock or any other outstanding claims. There are 20 million shares outstanding. Also, the firm has zero non-operating assets. What is the value of the stock price today (Year 0)? Round your answer to the nearest cent. Do not round intermediate calculations.
$
per share

According to the valuation models developed in this chapter, the value that an investor assigns to a share of stock is dependent on the length of time the investor plans to hold the stock.

The statement above is
-Select-
.

Conclusions

Analysts use both the discounted dividend model and the corporate valuation model when valuing mature, dividend-paying firms; and they generally use the corporate model when valuing divisions and firms that do not pay dividends. In principle, we should find the same intrinsic value using either model, but differences are often observed.

Even if a company is paying steady dividends, much can be learned from the corporate model; so analysts today use it for all types of valuations. The process of projecting future financial statements can reveal a great deal about a company's operations and financing needs. Also, such an analysis can provide insights into actions that might be taken to increase the company's value; and for this reason, it is integral to the planning and forecasting process.

Answers

The stock price is mathematically given as

P=$57.64

What is the stock price?

Generally, the equation for is Value after year  mathematically given as

[tex]V=\frac{(FCF for year 5*Growth rate)}{(WACC-Growth rate)}\\\\V = \frac{(55.4*1.05)}{(0.09-0.05)}[/tex]

V= $1454.25

Hence, the current value is mathematically given as

I=Discounting factor equal to the future cash flows multiplied by their present value

[tex]I=\frac{-22.76}{1.09} + \frac{38.8}{1.09^2}+ \frac{43.4}{1.09^3}+\frac{52.3}{1.09^4}+\frac{55.4}{1.09^5}+\frac{1454.25}{1.09^5}[/tex]

I=$1063.508769

current value for ordinary stock

I'=$1037.508769million

In conclusion, the stock price is

P=(1037.508769/18)

P=$57.64

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why shall professional groups shall not be allowed to assign their own professional codes of conduct and police themselves from within

Answers

Professional groups should not be allowed to assign their own codes of professional conduct because the organizational ethics set a standard of job compliance.

What is the relevance of the professional code of ethics?

These are the rules and policies created to direct the behavior of employees, generating compliance, positive practices at work and standardization of actions, creating a culture favorable to development, cooperation and motivation.

Therefore, individual ethics can be related to individual values ​​and not correspond to organizational values, not guaranteeing the equity of employees.

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outline and clarify the three types of safety controls with examples and explain when hierarchical preferences of safety control apply?​

Answers

Answer:

define five runs of hierarchy of contains elimination substitution engineering controls editing status control and personal protective equipment

"Do what you do best" is most consistent with which target marketing strategy?
O Concentrated
O Differentiated
O Undifferentiated
O Aggregated
O Sales-oriented

Answers

Do what you do best" is most consistent with undifferentiated target marketing strategy.

What is marketing strategy?

This is when an organization or company devised means of promoting their products to the target audience.

Undifferentiated is when a marketer overlooks the market's segment distinctions and make use of a marketing plan designed to appeal to as many individuals as possible.

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D
Question 23
According to John Maynard Keynes, when government invests one
billion dollars into the economy what should occur? (Standard 4.3)
2 pts
O The one billion dollars will have an impact greater than one billion dollars due
to the multiplier effect.
O Consumer spending should decrease by one billion dollars.
O I have no idea what the answer is.
O The government should adjust the tax levels in order to gain addition funds to
pay for the investment.
O The government's action should slow down economic activity.

Answers

John Maynard Keynes believed that The one billion dollars will have an impact greater than one billion dollars due to the multiplier effect.

What did John Maynard Keynes believe?

Keynes was a major advocate for the government spending money in the economy to induce economic growth.

He believed that there was a multiplier effect that would lead to any amount the government invested in the economy, having a greater impact than this investment.

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Providing intellectual property rights can result in which of the following? Select all that apply.

giving access to the property to everyone
the opportunity for an inventor to profit on her idea
a marketing giant taking advantage of an inventor
piracy and lawsuits
a singer getting paid for coming up with a hit song

Answers

Providing intellectual property rights can result in in-

the opportunity for an investor to profit from her idea.piracy and lawsuits.

What are intellectual property rights?

Intellectual property rights provide an authority for individuals to restrict other people to copy or imitate the product or process followed in any invention for a certain period of time.

If a Violation of these rights has been noticed the guilty party has to bear the fines and imposed punishment on them for breach of Contract. One should have been required to take permission from the inventor in order to imitate.

This gives an inventor the chance to make money off of her invention since when permission to copy is requested, they can charge a fee. Additionally, it aids lawsuits and piracy.

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Outline the Operational Risk events that JP Morgan Chase & Co has experienced over the last 5 years

Answers

Some operational risk events faced by JP Morgan and other firm are:

Internal fraudExternal fraudDamage to physical assetsBusiness disruptionSystems failures

What is an operational risk event?

This refers to an incident or experience that has caused or that has a potential to cause some material loss to the firm either directly or indirectly with other incidents.

Some example of an operational risk involves some employee errors, criminal activity like fraud, physical events etc.

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Part 1: Describe the following in 175 words: • 2 of the main risks of entrepreneurship and small business ownership ​

Answers

1.Bankruptcy

It is a process a business goes through in federal court. It is designed to help your business eliminate or repay its debt under the guidance and protection of the bankruptcy court.

2. Financial risk

it is the possibility of losing money on an investment or business venture. Some more common and distinct financial risks include credit risk, liquidity risk, and operational risk. Financial risk is a type of danger that can result in the loss of capital to interested parties.

3. Founder risk

it considers who the founders of the company are, if they get along, and how they will work for the company.

4.Product risk

it takes into account the engineers creating new product for the business and how they will recruit other product engineers.

Imagine you are a manager for a local restaurant. One of your customers asks to speak with
you about their server and his "disappointing service." The customer claims that they have
been sitting at their table for 25 minutes before their server came to greet them. Using the
skills you learned in this unit, describe the steps would you take to resolve this situation so
the customer leaves satisfied.

Answers

As a proficient customer service professional, the first step to take in such a situation is to first apologize in the kindest way possible to the customer. It would give the customer comfort to know that the server is corrected immediately while taking charge of the clients order.

What procedure is outlined above?

The above procedure is known as conflict resolution under customer care service.

One additional step maybe to keep the costumer company and ensure that they are happy before they leave.

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For a professional athlete, making money off of products that use their likeness is an example of what concept?

Answers

For a professional athlete, making money off of products that use their likeness is an example of Name, Image, and Likeness deals.

What are name, image, and likeness deals?

Name, image, and likeness deals are commercial endorsements that give publicity to professional and college athletes, who lend their names, images, and likeness to companies to leverage for their product brands.

Using marketing and promotional endeavors, companies can use the athlete's name, image, and likeness to create customer-attractive brands for their products.

These deals provide opportunities for the athletes to make money by permitting the business entities to use their name, image, and likeness to market and sell products.

Thus, while the agreements are called “NIL” deals, professional athletes use them to make money.

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20 pts
The original Greek Olympic Games are often considered the beginning of sports and entertainment marketing as we know it today.
OA. True
OB. False

Answers

This is true that The original Greek Olympic Games are often considered the beginning of sports and entertainment marketing as we know it today.

The contemporary Olympic Games, sometimes known as the Olympics, are the most prestigious international athletic occasions that include summer and winter sports competitions in which thousands of competitors from all over the world take part in a range of activities.

Zeus, the father of the Greek gods and goddesses, was the main focus of the ancient celebration that included the Olympic Games.

Soccer is the most popular sport in the world according to other metrics, and it's also one of the most popular Summer Olympic sports, though it has some competition from swimming and athletics, whose popularity peaks during the Olympics.

The ancient Olympic Games were originally a one-day competition until they were expanded to a three-day competition in 684 BC. The Games were once more expanded to take place over five days in the fifth century B.C. Running, long jumping, shot throw, javelin, boxing, pankration, and equestrian competitions were all part of the ancient Games.

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What is a key feature of Mixed Reality?

Answers

Answer:

different media?hdhdbejdbdb

Explanation:

yeshehssiebeiidj

how do you find the total fixed cost using the table

Answers

Answer:

Total cost (TC) = Total variable cost (TVC) + Total fixed cost (TFC)

Therefore,

Total fixed cost = Total cost - Total variable cost

hope am helpful

Answer: Total fixed cost= Fixed cost- total variable cost

Explanation: you should add the fixed cost and the variable cost then the answer you get by adding the fixed cost and the variable cost is the total fixed cost.

use the below way to find the Total fixed cost;

Fixed cost= Fixed cost (TC) + Variable cost (TVC)

then to get the total fixed cost;

Total fixed cost= Fixed cost- total variable cost

The return on investment earned by atkins construction company for four successive years was 30% 20% -40% and 200%. What is the geometric mean rate of return on investment?

Answers

The geometric mean rate of return on investment is 29.45%

What is arithmetic mean rate of return?

Arithmetic rate of return is the sum of all returns divided by the number of periods for which the returns were indicated.

Arithmetic rate of return=sum of returns/number of returns

number of returns in this case is 4 since the returns were for 4 years

arithmetic rate of return=(30%+20%-40%+200%)/4

arithmetic rate of return=52.50%

What is geometric mean rate of return ?

It is the return computed using a different approach as shown by the formula below:

geometric mean rate of return= ((1 + R1) × (1 + R2) × ... × (1 +Rn))(1/n) - 1

R1=year 1 return=30%

R2=year 2 return=20%

R3=year 3 return=-40%

R4=year 4 return=200%

n=4(the returns for 4 years)

geometric mean rate of return=((1+30%)*(1+20%)*(1-40%)*(1+200%))^(1/4)-1

Remember the return in year 3 is negative 40%, using a positive return would lead a wrong conclusion

geometric mean rate of return=1.2945-1

geometric mean rate of return=29.45%

The geometric mean rate of return on investment is 29.45%

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Suppose that the federal budget is balanced when GDP is at potential GDP. If equilibrium GDP falls below potential, please explain how and why government transfer payments would change; how and why tax receipts would change; how and why the budget would change.

Answers

The federal budget is the difference between the income of the government and its expenditure as illustrated in the GDP.

How to explain the information?

The income of the government is tax revenue and when expenditure is more than the income, the budget is said to be in deficit. Potential GDP is the maximum GDP that an economy is able to produce with the given level of resources in the long run. In times of recession, the actual GDP is less than the potential GDP, which means the output produced is less than the capability of the economy.

Inn such periods, GDP is low, unemployment is very high and aggregate demand is also very low. When the economy is in recession, the income of the people falls and thus, the tax they pay out of their incomes also falls. Therefore, the tax receipts fall due to a fall in income.

On the other hand, in recessions, the government uses expansionary fiscal policy which directly injects money by either increasing government spending or reducing the tax rate. Therefore, when the tax rate falls, the tax revenue or tax receipts fall. The government spends money on the public to increase social welfare.

The budget of the government is the difference between tax receipts and transfer payments. When the tax receipts fall and transfer payments rise. Thus, the budget of the government falls and the federal budget is said to be in deficit.

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On January 1 of this year, Nowell Company issued bonds with a face value of $140,000 and a coupon rate of 7.5 percent. The bonds mature in ten years and pay interest semiannually every June 30 and December 31. When the bonds were sold, the annual market rate of interest was 7.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

What amount of cash is owed to investors on June 30 and December 31 of this year?

Answers

Based on the face value of the bonds and the coupon rate, the amount owed to investors by Nowell Company is:

June 30 = $5,250December 31 = $5,250

How much is owed to investors?

This can be found as:

= (Coupon rate x Face value) / 2 semi annual periods

Solving gives:

= (7.5% x 140,000) / 2

= $5,250

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Discuss the importance of customer service

Answers

Customer service is mostly present in malls, airports, buildings etc. Customer service is to help the customer for their needs.

Which person is living within their means?
A. Cara earns $1000 a month and spends $1200 by putting some
expenses on her credit card.
OB. Bill earns a high salary but has trouble making his car payment on
time due to his expensive hobbies.
OC. Ella maxed out all three of her credit cards but pays the minimum
balance each month.
D. Dmitri earns $1000 a month and spends $800 on rent, groceries,
and other expenses.

Answers

Answer: D

Explanation: I just took the test

Dimitri earns $1000 a month and spends $800 on rent, groceries and other expenses. Therefore Dimitri is living within their means. The correct option is d.

How successfully can a person live within their means?

To live within our means, it can be understood that what we spend each month is less than or at least equal to the amount of money we bring in each month. For many people, it’s a lot easier said than done. If we want to live within our means, we have to know what our means are. Simply knowing our annual salary or hourly rate isn’t enough to help us live below our means. We need to know the net income that appears on our paychecks and the amount we have to spend.

We also need to know how often we get paid so we can better match the timing of our income with our bills. Since most of our bills are paid monthly, we’ll need to know how much we get paid every month.

We must multiply weekly paychecks by four, and bi-weekly paychecks by two, to get our monthly pay.

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Citrus Corporation is a calendar year S corporation with the following
current year information:
Operating loss
Liabilities:
$(2,160,000)
Notes payable, Big Apple Bank
360,000
Notes payable, Grapefruit (individual) 360,000
On January 1, Orange (an individual) bought 50% of Citrus Corporation
stock for $540,000. How much of the operating loss may Orange deduct
currently? Assume the excess business loss limitation does not apply.

Answers

The amount of the operating loss may Orange deduct currently will be $108000.

How to illustrate the information?

It should be noted that the operating loss of a company occurs when the company's operating expenses are more than the gross profit.

The following are given in the information:

Operating loss $(2,160,000)

Notes payable, Big Apple Bank 360,000

Notes payable, Grapefruit (individual) 360,000

Also, it was stated that Orange (an individual) bought 50% of Citrus Corporation stock for $540,000.

Therefore, the amount in this scenario will be:

= 50% × $2160000

= $108000

In conclusion, the amount of the operating loss may Orange deduct currently will be $108000.

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How did the setting of Malala's education change after the Taliban took over Swat Valley? She had to read at home or attend school in secret locations. She joined other children at the playground to read and study. She stopped trying to pursue an education in any way. She continued to attend the same school she had before. why do people from Nepal migrate to other countries?explain 3^3or 3 x 3 x 3.4^7( 7 x 7 x 7 x 7)and 5^6 Plz help with real answers 1. What does H.I.P.P.O. stand for? Habitat destruction, Invasive species, pollution, population Increase andover populationover productionover useover exploitation PLE HELP ASAP WILL MAKR BRAINLIEST what is meant by a normal balance Every morning on the farm, the rooster crowed at the break of dawn. Then one day, the barn animals grew weary of his crowing. "We have decided to wake ourselves up every morning," said the cow to the rooster. "Your services are no longer needed." The cow remembered that the pony had been having trouble sleeping and was usually the first animal awake. "Pony, give a loud yell tomorrow as soon as you notice the sunlight creeping through the cracks of the barn door." The next morning, the rooster kept silent as the sun rose in the distance. Not a sound could be heard anywhere on the farm, including the barn. In fact, the barn animals were still sleeping when the farmer entered to begin his day of work. "Why didn't you wake us up?" the cow angrily asked the pony.Which of the following responses would make the pony's answer a pun? A. "I forgot about it." B. "I didn't know how." C. "I slept too late." D. "I'm a little hoarse." war damages paid by germany to the allies Andrew estimates the attendance at the game to be 550 people. There aractually 621 people at the game. What is the percent error? 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What is its average velocity?Your answer: 150 km/hr 50 km/hr 50 km/hr west 150 km/hr west Jill collected honey from 9 different beehives, and recorded the amount collected, in gallons, from each hive in the line plot shown: She wants to write the value of each point marked on the number line above (Points A-D) in gallons. What is the value of A using fractions? My brother needs help I don't remember this devilish stuff Diseases of the present age are very different from diseases of the past. How do the governments of Kenya and Nigeria compare?multi chose You should write the client so that it sends 10 ping requests to the server, separated by approximately one second. Each message contains a payload of data that includes the keyword PING, a sequence number, and a timestamp. After sending each packet, the client waits up to one second to receive a reply. If one second goes by without a reply from the server, then the client assumes that its packet or the server's reply packet has been lost in the network.Hint: Cut and paste PingServer, rename the code PingClient, and then modify the code. The two programs follow very similar process.You should write the client so that it starts with the following command:java PingClient host portwhere host is the name of the computer the server is running on and port is the port number it is listening to. Note that you can run the client and server either on different machines or on the same machine.The client should send 10 pings to the server. Because UDP is an unreliable protocol, some of the packets sent to the server may be lost, or some of the packets sent from server to client may be lost. For this reason, the client cannot wait indefinitely for a reply to a ping message. You should have the client wait up to one second for a reply; if no reply is received, then the client should assume that the packet was lost during transmission across the network. You will need to research the API for DatagramSocket to find out how to set the timeout value on a datagram socket.When developing your code, you should run the ping server on your machine, and test your client by sending packets to localhost (or, 127.0.0.1). After you have fully debugged your code, you should see how your application communicates across the network with a ping server run by another member of the class.Message FormatThe ping messages in this lab are formatted in a simple way. Each message contains a sequence of characters terminated by a carriage return character (r) and a line feed character (n). The message contains the following string:PING sequence_number time CRLFwhere sequence_number starts at 0 and progresses to 9 for each successive ping message sent by the client, time is the time when the client sent the message, and CRLF represent the carriage return and line feed characters that terminate the line. Which is an equivalent to to 752O 1412021-10021-15 Identify the vertex and axis of symmetry of the graph of g(x) = |x|- 8