How much money must you pay into an account at the end of each of 20 years in order to have

$100,000 at the end of the 20th year? Assume that the account pays 6% per year, and round to the
nearest $1.

A) $2,028 B) $1,840 C) $2,195 D) $2,718


D

Business

You might also like to view...

Which of the following goals satisfies the SMART criteria?

A. "As a talented florist, I will sell $100,000 in flowers." B. "This company will greatly improve its performance next year." C. "Within the next six months, I will grow my sole proprietorship into a corporation that is larger than Apple and IBM combined." D. "Improve our customer-service ratings." E. "In the next quarter, our Houston sales rep will increase sales by 10%."

Business

Discuss what makes the use of sales promotion so effective and popular. Describe different types of sales promotions

What will be an ideal response?

Business

Whistleblowing would be an example of ______.

a. procedural justice b. moral courage c. the avoidance of abusive behavior d. abusive behavior

Business

A shareholder is permitted to submit a resolution to be considered by other shareholders only if he or she ________

A) owns at least one percent of all shares of the company B) owns at least $1,000 worth of shares of the company's stock C) has served as a former member of the company's board of directors D) has owned shares of the company of any amount for longer than five years

Business