alicia has a job with a dc regulator that offers a terrific benefit package. the agency contributes an annuity of $520 into a bank account in her name at the end of each month, beginning one month from today. alicia estimates that she will work for the next 27 years (for 324 months), when at that point she'll retire. at the time of her retirement, alicia plans to withdrawal monthly amounts for 25 consecutive years (for 300 months), beginning at the end of the first retirement month. assuming an interest rate of 9% annually, what is the maximum amount alicia will be able to withdrawal, per month, during her retirement years?

Answers

Answer 1

Alicia has a job with a dc regulator that offers a terrific benefit package. The agency contributes an annuity of $520 into a bank account in her name at the end of each month, beginning one month from today. Alicia estimates that she will work for the next 27 years (for 324 months), when at that point she'll retire. At the time of her retirement, alicia plans to withdrawal monthly amounts for 25 consecutive years (for 300 months), beginning at the end of the first retirement month. Assuming an interest rate of 9% annually, the maximum amount alicia will be able to withdrawal, per month, during her retirement years is $711,107.238

Monthly deposit (D) = $520

Annual interest rate (I) = 9%

Number of deposits (N) = 12 x 27 = 324

Account balance \($=D \times \frac{\left(1+\frac{I}{12}\right)^N-1}{\frac{I}{12}}$\)

Account balance \($=\$ 520 \times \frac{\left(1+\frac{9 \%}{12}\right)^{324}-1}{\frac{9 \%}{12}}$\)

Account Balance\($=\$ 711,107.238$\)

Determine the account balance at the retirement, using the monthly compounding interest

Complete question: alicia has a job with a dc regulator that offers a terrific benefit package. the agency contributes an annuity of $520 into a bank account in her name at the end of each month, beginning one month from today. alicia estimates that she will work for the next 27 years (for 324 months), when at that point she'll retire. at the time of her retirement, alicia plans to withdrawal monthly amounts for 25 consecutive years (for 300 months), beginning at the end of the first retirement month. assuming an interest rate of 9% annually, what is the maximum amount alicia will be able to withdrawal, per month, during her retirement years?

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Related Questions

Scott Weisberg feels his job at Wendy’s includes all the following except
a) serving a senior leadership team member who makes strategy decisions.
b) serving as a manager of the human resources leadership team.
c) serving as a function leader who supports an agenda to assist franchisees and business partners in the company.
d) supervising the Board of Directors.
e) being a confidant to the CEO.

Answers

Scott Weisberg feels his job at Wendy’s includes all the following except  Supervising the Board of Directors .

What is Scott Weisberg ?

Having worked in the medical industry for more than 27 years, Scott Weisberg, MD, is a Family Medicine Specialist in Birmingham, Alabama.

                                             In 1996, he received his degree from ALBANY MEDICAL COLLEGE. His connection to Brookwood Baptist Medical Center is established. New clients and telehealth appointments are both accepted at his practice.

What function does the board of directors serve?

The board of directors' primary responsibilities include selecting the company's CEO or general manager and determining the company's overall strategy.

                                    All other personnel must be hired by the CEO or general manager, who is also in charge of managing the company's daily operations.

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For each item that follows, indicate which element of the financial statements it belongs to: (a) Retained earnings (b) Sales revenue (c) Acquired goodwill (d) Inventory < (e) Depreciation expense (f) Loss on sale of equipment (g) Interest payable (h) Dividends (i) Issuance of common shares

Answers

For each item that follows, indicate which element of the financial statements it belongs to Retained profits. The equity part of a company's balance sheet includes retained earnings because they represent an equity balance.

The initial retained profits, net income or loss, and dividend payments make up a company's retained earnings. To determine the retained profits amount, these three items are added or subtracted. The ending financialin each major account is then shown on the balance sheet from period to period. Changes in retained profits represent the transfer of net income from the income statement into the balance sheet (adjusted for payment of dividends). Retained earnings are the portion of a company's profits that are still available after paying out dividends to partners.

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Martin Company currently produces and sells 35,000 units of product at a selling price of $13. The product has variable costs of $7 per unit and fixed costs of $45,000. The company currently earns a total contribution margin of:

Answers

Answer:

The company currently earns a total contribution margin of $ 20

All of the following situations could lead to a natural monopoly EXCEPT: a. There are high start-up costs b. There are unique technologies needed c. The product is relatively easy to make

Answers

A natural monopoly occurs when a single firm can serve the entire market at a lower cost than two or more competing firms. This is typically due to economies of scale or network effects. The Correct option is c

In the given options, a and b both contribute to the possibility of a natural monopoly. High start-up costs can create barriers to entry, making it difficult for new firms to enter the market and compete effectively. Unique technologies needed can also create barriers to entry, as only the firm possessing those technologies can provide the product or service.

On the other hand, if the product is relatively easy to make, it is more likely to allow multiple firms to enter and compete, making a natural monopoly less likely.

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A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.

Answers

D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.

When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.

As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.

With an example, what is a trade deficit?

A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.

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Full Question = A country has a trade surplus of $20 billion with its trading partners over a

year. Which change would cause the country to have a trade deficit the

following year, assuming everything else remains the same?

A. The country increases its exports by $30 billion.

B. The country decreases its imports by $10 billion.

O C. The country increases its imports by $10 billion.

O D. The country decreases its exports by $30 billion.

You purchased 100 shares of common stock on margin at $45 per share. Assume the initial margin is 50% and the stock pays no dividend. What would the maintenance margin be if a margin call is made at a stock price of $30? Ignore interest on margin.

Answers

You purchased 100 shares of common stock on margin at $45 per share.

Initial Margin = 50%No Dividend Maintenance Margin is to be found if a margin call is made at a stock price of $30. Margin Call: A request from a broker to an investor to deposit more money into an account to meet margin requirements. Investors who buy stocks on margin are usually required to have a margin account.

They must maintain a minimum level of equity in their margin account at all times. If the margin falls below this level, a margin call is issued by the broker. A margin call occurs when the value of the investor's margin account falls below the broker's required amount. In this situation, the investor must either add more funds to the margin account or sell some or all of the securities held in it.

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What is the difference between following the law and acting ethically?

A. Following the law is not enforced but acting ethically is.

B. Following the law involves a set of rules; acting ethically involves your conscience.

C. Following the law involves doing what is right; acting ethically involves doing what is wrong.

D. Following the law is an option but acting ethically is not.

Answers

Answer:

Following the law involves doing what is right; acting ethically involves doing what is wrong

Explanation:

stock holders make money investing in stocks in all of the following ways excep what

Answers

Answer: There are two ways to make money from owning shares of stock: dividends and capital appreciation. Dividends are cash distributions of company profits

to avoid competing with japanese firms through their traditional channel of distribution, fran wilson creative cosmetics moodmatcher lip coloring is sold in which type of retail venue?

Answers

To avoid competing with japanese firms through their traditional channel of distribution, fran wilson creative cosmetics moodmatcher lip coloring is sold in beauty salons.

What are  channel of distribution?

Distribution channels are the routes that goods and services follow from the producer or provider of the service to the final customer. Wholesalers, retailers, distributors, and the Internet are examples of distribution channels. The manufacturer sells directly to the customer through a direct distribution channel. Before the product reaches the customer, indirect routes use a number of middlemen. Channels of distribution are crucial to organisations because they enable efficient delivery of products or services to clients. Unhappy customers and subpar service delivery may result from a company's failure to find the optimal group of enterprises for this purpose.

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According to this image :
1- What is the age range of the generation with the highest amount of household debt?

2-Which is the only generation to decrease its average debt from 2019 to 2020?


3-Compare the rate at which Gen Z’s debt increased from 2019 to 2020 compared to other generations.
With an increase of 67.2%, Gen Z’s debt increased at a much higher rate than other generations.


4-Calculate how long it would take for Gen Z’s average debt ($16,000) to reach Gen X’s level of average debt ($140,000) if it continued to increase at its current rate (67.2% per year).

5-Develop a logical argument why Gen Z’s debt is rising at such a high rate when the Silent Generation’s debt is decreasing.

I have to turn this worksheet today, So please ANYONE help me out please ASAP..

According to this image :1- What is the age range of the generation with the highest amount of household

Answers

Answer:

1. Gen X 41-56years

2. Silent Gen reduced debt by 4.6%

3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt

Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.

4.Gen Z average debt $16,000

Gen X average debt $ 140,000

In 5years, it will meet up with Gen Xs level of debt

5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.

The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?

Annual Income
Alex − $20,000
Beatrice − $190,000
Julio − $80,000
Roberta − $60,000

Answers

Answer:

Beatrice − $190,000

Explanation:

she has the most money and when she is taxed the most money will be taken away.

The income tax rate in a state is a flat 10 percent. Based on that rate, Beatrice has a higher tax burden. Thus the correct answer is C.

What is Tax?

A tax is referred to a certain amount that is collected by the government of any country from its citizens which is later on used in the development process of the country including building hospitals, roads and maintaining transportation, and so on.

Here we need to tell the name of the person who has a higher tax burden with reference to the rate of tax with a flat ten percent. Beatrice will be considered as the person.

Beatrice owns an annual income of $190,000 which is higher than all available options so with the rate of interest of ten percent he is liable to pay more amount of tax.

Therefore, option C is appropriate.

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ROTO
Jbel and Los are having a disagreement over one of the stock investments, which just lost 15 percent in a short period of time. Le has a very high but he has a low c
What would be argue (Sport)
O amore stock at the lower price
Hang onto the stock until the price climbs again
Sel half of the stand invest in a more relable company
O Sel all of the stock bere
es more value

Answers

Jbel may argue that they should hold onto the stock until the price climbs again, as there is potential for the stock to increase in value in the future.

What is argue?

Argue is a form of communication expressed through discussion, debate, and reasoning. It is a way of presenting a point of view and trying to convince others to agree with it. When people argue they use facts, logic, and sometimes emotion to support their position. Arguing is an important form of communication, as it allows people to discuss differing opinions in a respectful and productive manner. It is used to resolve conflicts or make decisions on certain topics. In addition, arguing allows people to understand and appreciate different perspectives, and it can promote critical thinking.

Le may argue that they should sell half of the stock and invest in a more reliable company, as the stock has already lost 15 percent in a short period of time and there is no guarantee that the stock price will increase. Alternatively, Le may suggest selling all of the stock altogether, as this provides the greatest potential for a return on the investment.

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ds
Ithis list is in
order.
Zahn
Smith
Mason
Fitzpatrick
Billings
alphabetical
O incorrect
O ascending
O descending

Answers

The answer is descending
I think

my business i love doing nails if ya'll don't know i love help ya'll nails free

Answers

Hmm......... Nice nice. :)

inflation does not affect both local and international business true or false

Answers

Answer:

true

Explanation:

inflation effects every aspect of the economy

The assertion is incorrect. International and domestic companies are both impacted by inflation. Every sector of the economy is impacted. As a result, choice (B) is accurate.

What is inflation?

In economics, inflation refers to a broad increase in the cost of products and services across the board. The purchasing power of money decreases when the general price level rises, which is why inflation is often known as a rise in prices.

Deflation is the antithesis of inflation and refers to a persistent drop in the general level of prices for goods and services. The inflation rate, which is the annualized percentage change in a general price index, is a commonly used indicator of inflation.

The majority of economists concur that chronic excessive expansion in the money supply is the primary driver of high inflation as well as hyperinflation, both of which have extremely disruptive consequences on the actual economy.

Hence, option (B) is the right answer to this question.

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Amazon collects massive amounts of data about how, when, why, where, and what people buy, and then analyzes those data to better serve its customers. This activity refers to

Answers

Marketing analytics involves Amazon collects massive amounts of data about how, when, why, where, and what people buy, and then analyzes those data to better serve its customers.

What is marketing analytics?

It is the study of data gathered through campaigns, awareness and purchase of goods in order to discern or know the performance of the various marketing activity.

Amazon is acting as marketing analytics.

Therefore, marketing analytics involves Amazon collecting massive amounts of data about how, when, why, where, and what people buy, and then analyzes those data to better serve its customers.

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The three primary reactions people have to attempts to manage or influence them are

Answers

Answer:

Resistance, Compliance, or Commitment.

Explanation:

HOPE THIS HELPS!!! ;P

You are US company, 500,000 BP (British Pound) payable to UK in one year. Answer in terms of US$. Information for Forward Contract: Forward exchange rate (one yr): 1.54 $/BP Information for Money Market Instruments (MMI): Current exchange rate: 1.50 $/BP Investment return at Aerion Fund Management (in UK): 4% annual Interest rate of borrowing from Bank of America (in USA): 2% annual Information you need for Currency Options Contract: Options premium: 0.015 $/BP Interest rate of borrowing from Bank of America (USA): 2% annual Allowed to exercise options at 1.54 $/BP If the break-even exchange rate for the Currency Options Contract is 1.46 $/BP, and you believe the exchange rate at the time of the payment would be 1.53 $/BP, should you sign the contract?

Answers

Answer:

why just 5 points? :( but thanks for the 5points atleast

Explanation:

Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use when conveying this idea to his employees

Answers

Answer:

a) layoff

Explanation:

These are the options for the question

a. Layoff

b. Rightsizing

c. Streamlining

d. Downsizing

Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use when conveying this idea to his employees

Some large publishers have stopped publishing children’s books because they are expensive to produce and distribute. This is an example of an offensive strategy. True or false?.

Answers

Answer:

False

Explanation:

it cost roughly around 5k to produce 100k+ books and they make roughly 65k

as corporations are going more global advertising is still a local concern. T/F

Answers

True. As corporations expand globally, advertising continues to be a local concern. While corporations may have a global presence and marketing strategies,

Advertising often needs to be tailored to specific local markets and cultural contexts. Consumer behavior, preferences, and communication channels can vary significantly across different regions and countries. Therefore, companies need to adapt their advertising campaigns to resonate with local audiences and effectively communicate their brand message. This localization of advertising ensures that it is relevant, relatable, and culturally sensitive, ultimately increasing its effectiveness in reaching and engaging target customers in different markets.

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Politics is sort of like a game. And the best gamer is great at manipulating the rules.

Answers

Politics is about making agreements between people so that they can live together in groups such as tribes, cities, or countries. In large groups, such as countries, some people may spend a lot of their time making such agreements.

ordinary kriging method assume that​

Answers

Ordinary kriging, for which the assumption of stationarity (that the mean and variance of the values is constant across the spatial field) must be assumed.

2. basic facts about the wto the world trade organization (wto) was built on the basis of the general agreement on tariffs and trade (gatt) and, thus, inherited many of its features. still, the wto proved to be a very distinct institution. indicate whether each property in the following table is a unique property of the wto compared to gatt. property unique property of wto yes no limits participation to a few nations oversees tariff cuts and reduction of nontariff measures enforces dispute settlements enforces binding commitments acts as a government when can japan raise tariffs on imports from a country that is a member of the wto? whenever it wants to because japan is not a member of the wto never, because japan is a member of the wto when imports from that country threaten serious injury to japanese producers whenever it wants to as long as it has no free-trade agreement with that country

Answers

The WTO enforces binding commitments and dispute settlements but doesn't limit participation or oversee tariff cuts. Japan can raise tariffs when imports threaten its producers, following WTO rules.

The General Agreement on Tariffs and Trade (GATT), from which the World Trade Organization (WTO) acquired many characteristics, also possessed a number of distinctive features. Contrary to GATT, the WTO does not restrict membership to a small number of countries and regulates the elimination of non-tariff trade restrictions. In contrast to the GATT, the WTO has a formal conflict resolution process and the authority to impose sanctions on nations that disobey WTO regulations.

Additionally, the WTO is governed by a set of legally enforceable promises, which means that nations that wish to join the organization must abide by the rules they accept. The WTO, however, does not serve as a government. When imports from a WTO member threaten to seriously harm Japanese producers, Japan may increase import duties as long as it abides by WTO rules and processes and does not have a free-trade deal with that nation.

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5.3 a supply chain student is visiting houses in her neighborhood to raise money for charity. she spends 5 hours and visits 20 houses. ten houses make donations which total $300 for charity. the best measure of productivity for this is:

Answers

The best measure of productivity for the supply chain student's charity fundraising activity would be "Output per unit of Input". In this case, the output is the total donations of $300 and the input is the time spent visiting houses, which is 5 hours. Therefore, the productivity can be calculated as:

Productivity = Output / Input

Productivity = $300 / 5 hours

Productivity = $60 per hour

So, the best measure of productivity for the supply chain student's charity fundraising activity is $60 per hour, which represents the amount of donations raised per hour of time spent visiting houses.

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All financial statements are important, but most managers tend to have one that they look to first. If you were a potential contributor or investor looking at the financial statements of a local regional medical center, which document would you start with? Explain why.

Answers

While other financial statements like the Balance Sheet and Cash Flow Statement are important for a comprehensive analysis of the medical center's financial position and cash flow, the Income Statement is a starting point that provides a clear picture of the medical center's revenue, expenses, and profitability.

If I were a potential contributor or investor looking at the financial statements of a local regional medical center, the document I would start with is the Income Statement, also known as the Statement of Operations or Profit and Loss Statement.

The Income Statement provides a summary of the medical center's revenues, expenses, and net income (or loss) over a specific period, typically on an annual or quarterly basis. Here's why I would choose to start with the Income Statement:

1. Overall Financial Performance: The Income Statement gives an immediate snapshot of the medical center's financial performance. It shows whether the medical center is generating a profit or incurring a loss. By looking at the net income (or loss), I can assess the financial health and profitability of the medical center.

2. Revenue Breakdown: The Income Statement breaks down the medical center's revenue sources. This allows me to understand the composition of the revenue streams, such as patient services, insurance reimbursements, government funding, or other sources. Evaluating the revenue mix helps me gauge the diversity and stability of the medical center's income sources.

3. Expense Analysis: The Income Statement provides a breakdown of various expense categories, such as personnel costs, supplies, facility expenses, and administrative costs. Analyzing the expense structure allows me to understand the medical center's cost management and efficiency. It helps identify areas of potential cost reduction or areas where expenditures may be increasing disproportionately.

4. Profitability Ratios: Using the information from the Income Statement, I can calculate key profitability ratios such as gross profit margin and net profit margin. These ratios provide insights into the medical center's ability to generate profits from its operations, allowing me to compare its financial performance with industry benchmarks or similar healthcare organizations.

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Which of the following statements is TRUE?

A. Your portfolio should have a higher allocation toward bonds
and cash equivalents right before you retire.

B. You should try to maximize your investment earnings right
before you retire.

C. Both A and B

D. Neither A nor B

Answers

a) Your portfolio should have a higher allocation toward bonds and cash equivalents right before you retire

People in the first (or beginning) level of management in a company are known as?

Answers

Answer:

people in the first or beginning level of management in company known as "supervisors"

Type the correct answer in the box. Spell all words correctly.
What is the criterion for companies to be covered under the EEOC laws?
Companies with
or more employees are covered under the EEOC laws.

Answers

If the subject of your complaint is age discrimination, the business is subject to the laws we uphold if it has twenty or more workers who have worked there for at least 15 to 20 calendar weeks.

What is business in plain English?

A corporation is a place where people get together to work. People work in a business to produce and market goods and services. The goods and services are purchased by other individuals. The individual who recruits employees is the business owner.

What function does the company serve?

A business's responsibility is to manufacture and market products and services in order to meet customer demands. Corporate social responsibility (CSR), according to Company News Daily, is "a business approach that entails participation in activities that help a society."

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What are 3 reasons why people work

Answers

Answer:

to earn money to feed their families, to pay their bills, to go places,

Explanation:

- make money
- take care of themselves (like a house, food, water etc.)
- special occasions (vacations, road trips etc)

my answers are related to "make money" but because you are working, you make money to do those fun things. if that makes sense lol
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