You plan to retire at age 65. You want to withdraw $100,000 from your savings account every year starting on your 65 th birthday. You expect to make your final withdrawal on your 84th birthday
How much must you have accumulated by your 65 th birthday in order to support your desired withdrawals if you earn 3% on your savings?
A) $1,532,379.91
B) $1,587,747.49
C) $1,475,351.31
D) $1,432,379.91
E) $1,090,095.56
A
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Which of the following is not one of the three objectives of a quality program?
a. Product quality should be consistent to always meet the purchaser's need(s). b. A quality program should give management confidence that the quality is and will be at a constant level. c. A quality program should give customers confidence that the intended quality will be achieved in products. d. Product quality should always vary because customers change their wants and needs over time.
The accounts payable account is listed in the chart of accounts as an asset
Indicate whether the statement is true or false
George, a customer relationship manager, is going to be away on vacation for a week. During his absence, he will continue to receive e-mails from customers. In order to maintain a positive customer-service image, George should use his e-mail program's auto-responder function to:
A. refer the customers to a staff member who can help. B. categorize all customer complaint e-mails as spam. C. delete all e-mails addressed to him while he is away. D. tell his customers that they cannot be helped.
Which written form of communication is used too informally and is often used inappropriately to convey emotions or to solve conflicts?
a. handwritten letter b. business memo c. e-mail d. text message