John Adams plans to retire at the age of 62. He wants an annual income of $60,000 per year. John
is currently 45 years of age.
How much does he have to place at the beginning of each year into a
retirement account earning 15 percent per year in order to have an adequate retirement nest egg
at age 62? He believes that he will live to be 87 and plans to earn 12 percent during retirement.
He will draw the money at the end of each year. The solution to this problem requires us to use
the ________, and the ________ factors.
A) present value of an ordinary annuity; future value of an annuity due
B) present value of a future annuity; future value of an ordinary annuity
C) future value of an ordinary annuity; future value of an annuity due
D) future value of an annuity due; present value of an ordinary annuity
D
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Chaleff’s follower style called “partner” is most similar to ______.
A. Uhl-Bien’s powerful follower B. Kellerman’s participant follower C. Zaleznik’s compulsive follower D. Kelley’s exemplary follower
Why is it essential to ask pertinent questions to an interviewer? What kind of questions should an interviewee avoid asking an interviewer?
The ______ is a special case of linear programming problems in which the objective is to minimize the total cost of transporting goods from the various supply origins to the different demand destinations.
A. transportation model B. integer programming C. warehousing problem D. workforce scheduling model
The study of entrepreneurship is
a. based on the field of management. b. based on the field of accounting. c. based on the field of sociology. d. interdisciplinary.