Your parents are planning to retire in Phoenix, AZ in 20 years. Currently, the typical house that pleases your parents costs $200,000,
but they expect inflation to increase the price of the house at a rate of 4% over the next 20 years. To buy a house upon retirement, what must they save each year in equal annual end-of-year deposits if they can earn 10% annually?
A) $21,910.00
B) $7,650.94
C) $10,000.00
D) $14,715.52
Answer: B
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Depending on the situation, patting someone on the back may be perceived as which of the following pairs?
A. friendly, sexual harassment B. annoying, harmlessness C. assertiveness, kinship D. an act of romantic desire, assertiveness
When a company factors its accounts receivable, it
A) enters into a lending agreement with the institution to receive cash on specific customer accounts. B) sells individual accounts to a financial institution. C) uses these accounts only as a collateral for a loan. D) transfers the accounts but retains title of the accounts until the loan is paid.
Learning (or failing to learn) from feedback, is largely a
A. personal flaw. B. communication issue. C. framing issue. D. power style.
Lean's primary goal is to eliminate waste in business processes
Indicate whether the statement is true or false