You want to buy a new car in five years. You want to have saved $25,000 by then. You can invest $4,000 at the end of each of the next five years at an interest rate of 6% compounded annually. Will you have enough money at the end of the fifth year?
A. Yes. You have $1,532 more than you need.
B. No. You are short $1,532.
C. No. You are short $2,452.
D. Yes. You have $2,452 more than you need.
E. None of the answers is correct.
Answer: C
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Market share liability theory attempts to balance the interests of the plaintiffs in recovering for injuries caused by defective products against the manufacturers' interests in not being held liable for injuries caused by a product they did not
produce. Indicate whether the statement is true or false
ERISA requires that employee contributions to a qualified pension plan
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____ allows companies to focus on their core competencies, by contracting with another company to provide products or services that are not a part of the first company’s core activities.
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