Someone in the 15 percent tax bracket can earn 10 percent annually on his investments in a tax-exempt IRA account. What will be the value of a $16,000 investment in 5 years? 10 years? 20 years? You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar.

Answers

Answer 1

Answer:

A. $60,653

B. $98,313

C. $136,217

Explanation:

The formula that is used for calculating the annuity value is as under:

Annuity Value in "n" years = Present Value * (1  - (1 + r)^-n) / r

For 5 years:

Annuity Value in "5" years = $16,000  *  (1  - (1 + 10%)^-5) / 10%

= $60,653

For 10 years:

Annuity Value in "10" years = $16,000  *  (1  - (1 + 10%)^-10) / 10%

= $98,313

For 20 years:

Annuity Value in "20" years = $16,000  *  (1  - (1 + 10%)^-5) / 10%

= $136,217


Related Questions

Dawn's credit card company charges 2.5% per month, for any unpaid amount. For the month, Dawn purchased $650.00 worth of goods and services. If she pays a minimum of $50.00 What is the remaining balance?

i need help asap

Answers

Answer:

$615  

Explanation:

The interest rate on Dawn's credit card is 2.5%

Purchases for the month are $650.

Payments made in the month is $50.

Balance will be

Purchases balance and the interest on the credit card

Purchase balance : $650-$50 = $600

Interest for the month

=2.5% x 600

=0.025 x 600

=$15

Balance will be $600 + $15= $615  

Why can't an advertisement for a sports drink claim it will improve athletic performance?

Answers

Answer:

I need help plzz can u plzz answer my question

Your salmon dish has a food cost of $4.76, and your price includes a markup of 300%. You decide to decrease your percentage markup to 250%. How much less will the new selling price be?

Answers

Answer:

D .. 2.38

Explanation:

The new selling price of the Salmon fish with the decreased markup value of 250% is $2.38 less than the last selling price.

What is percentage?

The percentage can be defined as the expression of part of anything as a "part of 100". The percentage can be calculated as:

Percentage = Observed/ Total * 100

The cost of the salmon dish is = $4.76

The markup to the price is = 300%

The cost after 300% markup is = x

x = 4.76 + 4.76 * 300/100

x = $19.04

After reducing the markup value to 250% the cost (y) will be:

y = 4.76 + 4.76 * 250\100

y = $16.66

The cost of Salmon fish with 250% markup is $16.66. The difference in the new selling price (y) from the old selling price of $19.04 is:

The difference in price = $19.04 - $16.66

The difference in price = $2.38

The new selling price of Salmon fish will be $2.38 less than the old selling price.

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only old people who needs to know about Social Security

Answers

Answer:

No

Explanation:

Answer:

Explanation:

Falsemundo

What does "total opens" measure?

Answers

Answer:

The count of recipients who actually open your marketing campaign's email message

Explanation:

hope this helps :))

When researching an occupational field, what information should you be looking for?

Answers

Answer:

Current and predicted trends

-Educational requirements

-Job descriptions

-Growth outlook

-Salary ranges

Explanation:

took test

Pieces of information one must consider while researching an occupational field are Job description, Required education and experience, Working conditions, Salary and Fringe benefits.

What is a job description?

A job description includes the following elements: the job title, the purpose of the job, the tasks and responsibilities of the job, the needed and desired qualifications for the job, and the working environment. A job description often lists the qualifications, education, and training that a prospective employee must possess.

It will detail the job's responsibilities and tasks. Once a job description has been created, it may be used as the starting point for candidate interviews, orientation for new hires, and performance reviews. Benefits and work happiness have a favorable association.

Research strategy: It was determined that a quantitative study approach and a survey format would be most effective for determining how wages and benefits affect work satisfaction. In fact, 96% of respondents to a study of employees said that their total job satisfaction was influenced by their remuneration.

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One of the benefits of marketing is that it makes buying convenient.

True or false

Answers

true- i think! sorry if i’m wrong but i would choose true

1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?

Answers

Answer:

1. It shows you know how to do your job better.

Explanation:

It shows that you can respect your Client/Customer and have a better experience with you. Also it helps you to not get fired easily.

The rise of emails a series of bad business decisions and a controversial retirement fund have contribute to the monetary struggles of what u.s. agency

Answers

Answer:

U.S. Postal Service

Explanation:

Duh

The U.S agency whose financial struggles resulted from three major factors is the U.S. Postal Service.

The enumerated factors include:

Rise of email usage instead of slow mails via post offices Some bad business decisions that the agency took, especially in the wrong definition of its business models The agency's controversial retirement fund, which resulted from an accounting not an actuarial error.

As a result of the rapidly declining revenues from customers, many of who have now resorted to the use of emails, given the trending innovations in the internet of things and other technological advances, like the 3D printer technology, the agency's losses have been on the rise, year-on-year.

Thus, there is the urgent need for the agency to reconsider its business models and be in the forefront of offering value-added postal services, instead of relying on its traditional approach.

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The use of short, direct sentences with no fluff is known as ______. a. Business style b. Casual style c. Creative style d. Direct style

Answers

Answer:

A

Explanation:

The question asks you to finish the statement and supply any more words that would help it. Hence option A is correct .

What is Business Style ?

Based on this, my response would be that the phrase is referred to as a business style. If I answered your question satisfactorily, please feel free to ask any more questions.

The term "Business Style" refers to the business name that the taxpayer uses that is registered with the relevant regulatory agency in addition to its registered name or company name.

BUSINESS WRITING STYLE

This corporate writing manual uses the term "style" to describe the structure, tone, and intensity of sentences.

Academic writing style and business writing style are very different.

In a book about writing, the following statement was advised to students:scholarly writing

"As a third-year history major with a little more than $10,000 in student loan debt, I find McPherson and Schapiro's rejection of Clinton's national service plan to be short-sighted and insensitive to the experiences of many college students who are struggling to pay for their education only to face significant financial burdens after graduation.

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which accounts have a normal credit balance? choose all answers that are correct
A) Supplies
B) Accounts Payable
C) Cash
D) Insurance
E) Capital
F) Sales

Answers

Answer:

B and D.

Explanation:

The account that have a normal credit balance is account payable, capital account, and sales.

Normal balance:The assets, expenses, and losses contains the normal debit balance. While on the other hand, the liabilities, revenues, and profits contains the normal credit balance. Therefore, the option b,option e, and option F is correct.  

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Which Finance Career Pathways involve money, assets, or liabilities? Check all that apply.

Banking and Related Services
Insurance Services
Retail Related Services
Financial and Investment Planning
Business Financial Management

Answers

Answer:

Banking and Related Services

Insurance Services

Financial and Investment Planning

Business Financial Management

Explanation:

Retailers can be categorized as service retailers or merchandise retailers. Service retailers sell services such as legal, health, delivery services, parking, and many others. Merchandise retailers deal with products/ tangible items. They buy in bulk from manufactures or wholesalers and sell to end consumers.  Retail related services deal more with sales, cash, and credit, unlike the other carriers in the list that deal with assets, liabilities, and money.

Answer:

abde

Explanation:

Which of the following CTSOs benefits students entering manufacturing?
A. DECA
B. SkillsUSA
C. FFA
D. FEA

Answers

the answer is b. skillsUSA

Answer:

Answer is b.

Explanation:

Jed deposited $400 into a bank that offers 8.9% interest rate, compounded daily. In how many years will his balance be $800?
A. 24.1 years
B. 12.1 years
C. 17.7 years
D. 18.5 years​

Answers

The answer is C. I have to type at least 20 characters so I typed this sentence.

True or False: The key to smart investing is investing all your assets into a single stock with a strong earning history.

Answers

Answer:

False

Explanation:

Answer:

False

Explanation

Investing your assets in the single stock is not going to help with strong earnings.

Also I got this answer and False was correct.

Hope this helps!!

Which of the following motivational theories represents the claim that individuals are motivated by the expected outcomes of situations?


A.
expectancy theory
B.
incentive theory
C.
intrinsic motivation
D.
Maslow's hierarchy

Answers

Answer:

Option A (expectancy theory) would be the appropriate approach.

Explanation:

The principle of expectancy remains based on the assumption that success is created by the commitment and success yields desired results. Good values or role models some of which have worked tirelessly to better their results, and are then praised with this kind of effort, can raise motivation throughout this sense.

Some other options offered weren’t relevant to something like the scenario presented. So, the alternative here was the right one.

Answer:

a

Explanation:

right on edge 2020

If you're offered a no-interest loan, the amount of the loan should not exceed

$2,000.

$25,000.

$60,000.

$100,000.

Answers

Answer:

$100,000

Explanation:

Answer:

100,000

Explanation:

just took test

Which employer benefit option requires the employee to choose to participate in the plan?

Answers

Answer:

Opt-out program

Explanation:

They're automatically put into the program and they have to "opt-out" to not be apart of it.

A health insurance opt-out arrangement requires the employee to choose to participate in the plan. An employee is  automatically put into the program and they have to "opt-out" to not be a part of it.

What is health insurance opt-out arrangement?

A health insurance optout program is an arrangement for financial incentive for some employees who offer employment to the declined group health covers. Such are done to reduce the benefits of cost by paying less for the incentive they would for their share of the benefits.

While opt-out arrangements are legal, there are a few things to keep in mind. To avoid unfavorable employee taxation, opt-out arrangements should be made available through a Section 125 cafeteria plan.

Therefore, health insurance opt-out arrangement is the correct answer.

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How will the consultant's advice help make a change in the environment in the scenario below: A farmer has practiced burning fields after each crop season in order to get rid of the leftover crop matter, and then tilled the land before planting new crops. He recently hired a consultant to see what he could do to make more environmentally conscious choices, and the consultant advised the farmer to stop burning and tilling and instead practice zero tillage farming, using the leftover crop matter to make his own fertilizer.

Answers

Answer:

The consultant's advice will reduce soil degradation and increase organic matter content in soil

Explanation:

In this scenario the present practice by the farmer of burning crop residue and tilling results in soil degradation and loss of organic matter.

Burning on the farm leads to loss of crop nutrients such as nitrogen and organic matter. It also causes environmental pollution of air, land, and water when carbon, nitrogen, and sulphur by-products are released to the atmosphere.

Tillage is the practice of turning the top 6 - 12 cm of soil when preparing for planting. This practice reduces water holding capacity of soil, accelerates nutrient loss, and degrades soil structure.

So if the farmer stops burning crop residue and practices zero tillage it will result in less environmental pollution, reduce soil degradation, and increase soil nutrients especially organic matter

which of the following is a nickname for the GAO?

SEC watchdog
regulatory watchdog
congressional watchdog
public watchdog​

Answers

Answer:

B: regulatory watch dog

Explanation:

Idc I just got it right

Answer: it’s congressional watchdog you dummy

Explanation:

What are two methods that you might use
to grow and develop your career?

Answers

Stay focus , be organized, dont let anybody get in your way

Answer:

Some things you may need are staying focused a good speaking or and a good colloge are just a few thing you may need to grow nad expand your career and good people around you

Explanation:

Which of the following does an appropriately cautious reading of a receipt entail

Answers

Answer:

I and III

Explanation:

Need help please ?????

Answers

Answer:

sales

Explanation:

Identify the examples of backgrounds. Check all that apply.

Sabir was raised in a Muslim family.
Michael wants to earn a college degree.
Irene is planning to become a Carpenter.
Jean has parents who have strong political views.
George wants to learn how to style hair.
Bao grew up participating in Chinese cultural activities.

Answers

Answer:  The answers are: Sabir was raised in a Muslim family, Jean has parents who have strong political views, and Bao grew up participating in Chinese cultural activities.

                                                     Hope this helps :)

does inflation benefit the lender or borrower?

Answers

Answer:

Borrowers

Explanation:

I looked it up lol

How do free market and planned economies differ in the allocation factors factors of production. provide examples

Answers

Answer:

Makret planned econmies differ in the allocation facters of production because of the stock market crash

Explanation:

Some examples will be the stock market crash

Answer:

Market economies utilize private ownership as the means of production and voluntary exchanges/contracts.

In a command economy, governments own the factors of production such as land, capital, and resources.

Most nations operate largely as a command or market economy but all include aspects of the other.

The type of economy also influences the political and social landscape of a nation, with command economies being more authoritarian and market economies allowing for more personal freedom.

What is it called when a business contributes money, goods or services to an organization or event to gain the publicity related
A news release
B customer loyalty program
C sponsorship
D promotional tie-in

Answers

Answer is (C sponsorship )

Which one would be correct I’m to lazy to think :)

Answers

I think it’s the second one letter B

Most advertising spending is directed to _____.

Answers

Answer:

the internet

Explanation:

PLEAS HELP!!!!!!!! I NEED ANSWERS ASAP!!!!!​

Answers

Answer:

the answer is Blue

Explanation:

Just believe me

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