You have decided to invest $4,000 at a rate of 10% per year during the first 30 years. After that, you will be more conservative and expect to earn 5% per year. Which of the formulas in B7 will allow you to determine how much money will you have 45 years from now?
a) =B1*(1+B5)^B3*(1+B6)^B4
b) =B1*(1+B5)^B2
c) =B1*(1+B5)^B3 + B1*(1+B6)^B4
d) =B1*(1+(B5*B6))^B2
a) =B1*(1+B5)^B3*(1+B6)^B4
You might also like to view...
The "budget limitation tactic" is often used by buyers who have been trained in negotiation
Indicate whether the statement is true or false
Which of the following is true of nonverbal messages??
A) ?They are universal and do not vary between cultures. B) ?They can receive more attention than verbal messages. C) They lack the potential to affect accompanying verbal messages.? D) ?They are unaffected by the circumstances surrounding the communication.
Core Self-Evaluations is comprised of
a. Emotional Stability and Self-Esteem b. Locus of Control c. Generalized Self-Efficacy d. All of the above
The economic term used to describe the government's influence on savings and changing the levels of government spending is
A. monetary policy. B. fiscal policy. C. debt policy. D. recovery technique. E. recovery guideline.