Your son is born today and you want to make him a millionaire by the time he is 50 years old
You
deposit $10,700 in an investment account and want to know what annual interest rate must you
earn in order to have the account value equal to $1,000,000 on your son's 50th birthday.
A) 6.2% B) 9.5% C) 17.8% D) 12.4%
B
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Jocelyn's staff is upset because they normally receive their paychecks or direct deposits on Fridays and occasionally on Thursdays if there is a holiday. Tomorrow is Friday, July 4, and the bank did not process payments today as expected, so Jocelyn is on the phone trying to get the situation resolved as part of which managerial role?
A. Disturbance handler B. Monitor C. Spokesperson D. Negotiator E. Resource allocator
In strategic change in an organization, _____.
A. it moves to a radically different, and sometimes unknown, future state B. it moves from an old state to a known new state during a controlled period of time C. its mission, culture, goals, structure, and leadership change dramatically D. it makes small improvements in its work procedures
Gabriella and Esteban are emancipated minors who, after their emancipation, marry each other. Later, they enter into a contract to buy a condominium. In this sequence of events, most likely, their minority status? A)?terminated on their emancipation
B)?terminated on their marriage. C)?terminated on entering into the contract to buy a condominium. D)?has not yet terminated.
Velma is 16. Her income consists of municipal bond interest of $400 and interest credited to her savings account of $2,340. If her parent's taxable income is $88,000, what is Velma's 2019 tax liability on her unearned income?
A. $0 B. $14 C. $220 D. $234 E. $140