You just graduated and landed your first job in your new career
You remember that your favorite
finance professor told you to begin the painless job of saving for retirement as soon as possible, so
you decided to put away $2,000 at the end of each year in a Roth IRA. Your expected annual rate of
return on the IRA is 7.5%. How much will you accumulate at retirement after 40 years of investing?
(Note: this may assume that you are even retiring early.)
A) $454,513 B) $94,426 C) $247,921 D) $1,088,632
A
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Many banks use automated _____ to determine a client's creditworthiness.
Fill in the blank(s) with the appropriate word(s).
Cox and Snell R square and Nagelkerke R2 are measures of model fit used in ________
A) logistic regression B) OLS regression C) the binary logit model D) Both A and C are correct.
An association of wage-earning employees, organized and mobilized in order to represent its constituents, is commonly referred to as
a. An employer association b. A job club c. A union d. An industrial relations commission
Requests for information are not common in business
Indicate whether the statement is true or false