You estimate you'll need $200,000 per year for 25 years starting on your 65th birthday to live on
during your retirement.
Today is your 50th birthday and you want to make equal deposits into an
account paying 9% interest per year, the first deposit today and the last deposit on your 64th
birthday. How much must each deposit be (rounded to the nearest $10 )?
A) $66,909 B) $49,380 C) $85,840 D) $99,920
A
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You have been asked to compile a summary of your company's current competitive position for a specific product line. The report will be used as a key input to business and product goal setting for the coming year. Define the four factors you will need to consider to ensure the usefulness of the report and provide an example of how you could incorporate each factor.
What will be an ideal response?
Discuss the interpretation of retirement benefit disclosures
When introducing others in the organization to the public relations plan and selling it to gain their support, which one of the following points is generally made first?
A. Say that management has already endorsed the plan. B. Specify harm that will occur if the problem is left unattended. C. Specify remedial steps to be taken immediately. D. Tell each individual his or her personal responsibilities in the plan. E. Explain the results of the pretests.
Under the current tax structure, income brackets
A) are positively related to both the marginal tax rate and the average tax rate. B) are negatively related to both the marginal tax rate and the average tax rate. C) are positively related to the marginal tax rate, but negatively related to the average tax rate. D) are negatively related to the marginal tax rate, but positively related to the average tax rate.