If a person starts investing $100 per month starting at age 21, and that money earns a 7% return every year, how much will this person have when turning 70 years old? For ease of calculation, assume starting balance of $0 and annual contributions of $1,200 (12*$100).

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Answer 1
look on google for many answers hope this helps

Related Questions

The general mills fiber one​ brand, which launched in​ 1985, increased in sales at about​ 2% per year. in​ 2006, the category exploded with an increased focus on dietary fiber. if general mills sales started to decline and profit margins started to narrow after​ 2006's spike in​ sales, the 2006 peak in sales would be considered which stage of the​ life cycle

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The first approximately two-thirds of Fiber-One's existence was its childhood growing pains. The year 2006 was its puberty and time of enormous growth. Now it is at a stage of adolescence and early adulthood, as the growth is more aligned with the increase in population, instead of health-food trends.
The 2006 peak in sales will be considered as THE MATURITY STAGE OF THE PRODUCT.
The life cycle of a product is divided into four different stages, which are introduction, growth, maturity and decline. The introduction stage refers to the time period when the product was newly introduced into the market, the growth period refers to the establishment of the product in the market while the maturity stage refers to the time when the product reaches its highest sales ever in the market. After this, the sales of the product decline in the market. 

Ten percent of customers who walk into a golf store purchase a golf club and​ 30% of customers purchase golf balls. six percent of customers purchase both clubs and balls. what is the percentage of customers who do not purchase clubs or​ balls?

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The percentage of customers who do not purchase clubs or balls upon entering a golf store is 54%.

What is the significance of percentage?

Percentage is referred to as a unit of measurement. The use of percentage is done specifically to calculate the proportion of two mathematical calculations. Moreover, percentage are always calculated out of a total of hundred.

Using the given information, it can be inferred that (30 + 10 + 6) 46 percentage of people buy either clubs or balls or both upon entering the golf store, So, the percentage of customers who do not buy anything will be 100 – 46 = 54 percentage.

Hence, the percentage of customers who do not purchase clubs or balls upon entering a golf store has been aforementioned.

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Final answer:

Customers who do not purchase clubs or balls amount to 66%, calculated by subtracting the percentage of those who buy either clubs or balls (34%) from 100%.

Explanation:

To find the percentage of customers who do not purchase clubs or balls at a golf store, we can use the principle of inclusion-exclusion. Given that 10% of customers purchase a golf club, 30% purchase golf balls, and 6% purchase both, we can first add the percentages of customers buying clubs or balls and then subtract the percentage of customers buying both to avoid double-counting. Thus, the calculation would be:

Customers buying either clubs or balls = % buying clubs + % buying balls - % buying bothCustomers buying either clubs or balls = 10% + 30% - 6%Customers buying either clubs or balls = 34%

To find the percentage of customers not buying either clubs or balls, we subtract the percentage above from 100%, as follows:

% not buying clubs or balls = 100% - % buying either clubs or balls% not buying clubs or balls = 100% - 34%% not buying clubs or balls = 66%

Therefore, 66% of the customers do not purchase clubs or balls.

In the post-Reconstruction era most African-Americans in the South had little opportunity for economic advancement, and worked mainly as

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Final answer:

In the post-Reconstruction South, most African Americans had limited economic opportunities, with many becoming sharecroppers. Menial jobs were prevalent, and women faced additional gender discrimination. The Great Migration represented a significant demographic shift due to both push and pull factors related to employment opportunities.

Explanation:

Post-Reconstruction Era and African American Economic Opportunities

After the Reconstruction era, most African Americans in the South found themselves with very limited economic opportunities. During this period, an agrarian society remained predominant in the South, but the crucial difference was that most farmers did not own their land post-Civil War. Many African Americans and poor whites became sharecroppers, working on land they did not own and paying the landowner with a portion of the crops they produced. This form of agrarian dependency perpetuated poverty and hindered economic advancement.

In addition, the implementation of legally enforced segregation, vagrancy laws, and the convict-lease system created a new form of bound labor, which, along with widespread racism, ensured that African Americans remained in the lowest-paid jobs with minimal chances for economic progress. The limited jobs available to them were largely menial and unskilled such as laborers on farms, in mines, construction work, and in some cases as porters or servants in the railway industry. Women, facing both racial and gender discrimination, often worked as maids or domestic servants.

Despite these overwhelming obstacles, the Great Migration saw a move of African Americans from the South to the North, driven by the push of Southern discrimination and the pull of Northern opportunities. Labor demands during the World War I era created new job openings, albeit in low-wage roles, but often with better conditions than those in the South.

What strategies would you recommend that apple pursue in order to assure widespread consumer adoption of apple pay?

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Below are the strategies that Apple should pursue to assure widespread consumer adoption of Apple Pay -

i) Increase in merchant adoption by educating them and offering the devices for low costs

ii) Increase in cross platform support to ensure users of other devices are able to use Apple Pay services

iii) Increase presence by partnering with more e-commerce sites and applications

To assure widespread adoption of Apple Pay, Apple should work on partnerships, provide incentives, educate consumers, consider economic feasibility, and tailor to regional differences. Innovating and staying ahead of competitors is critical. Apple's management team is a valuable asset in executing these strategies effectively.

To assure widespread consumer adoption of Apple Pay, several strategies can be considered, drawing from Apple's core principles and market strategies. First, Apple should leverage its seasoned management team to create an array of partnerships with retailers, banks, and financial institutions, enhancing Apple Pay's accessibility and convenience.

Second, strategic promotions and incentives could be employed to encourage consumers to try Apple Pay, thereby increasing its adoption. In addition, providing educational resources to showcase security benefits could address consumer's security concerns.

Apple must also consider the economic feasibility of Apple Pay for all parties involved. Ensuring that the service is free for users while allowing operators to profit is a delicate balance that must be struck to maintain the service's attractiveness and sustainability. Lastly, Apple's ability to redefine markets can be harnessed by continually innovating and improving Apple Pay to stay ahead of competitors and meet changing consumer needs.

Regionally, Apple could adjust its power structure to more effectively address regional preferences and regulatory concerns, ensuring local markets are catered to specifically. This could be pivotal in driving the global adoption of Apple Pay. By aligning with local trends and legal frameworks, Apple Pay can become a more inclusive, universally accepted payment method.

In conclusion, consumer education, strategic partnerships, economic incentives, and region-specific tailoring are key strategies that would likely enhance the rate of adoption for Apple Pay.

Oceanview marine company performance materiality question

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Pito con canosedad al 100
Final answer:

Performance materiality, with regard to Oceanview Marine Company, refers to the threshold set by auditors within which a financial discrepancy is considered acceptable. This concept is crucial in auditing practice as it assists in determining the level of detail and accuracy required in inspecting financial statements.

Explanation:

The Oceanview Marine Company question addresses the topic of performance materiality in the business context, specifically in auditing. Performance materiality refers to the concept in auditing where a specific threshold is established. Any financial misstatements or inconsistencies below this threshold are deemed acceptable as they are not likely to affect the decision-making of financial statement users.

For example, in the case of Oceanview Marine Company, auditors may set a performance materiality threshold of $10,000. All discrepancies within the company's financial statements falling under this amount would be considered acceptable and would not require adjustment. If any discrepancy greater than this amount is discovered, that would be considered of material importance and would necessitate adjustment.

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How does an improvement in consumer confidence affect the consumption function and the aggregate demand curve?

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If the consumers are further confident they will expend additional dollars at entirely earnings stage and the consumption function moves upward. This increase in expenditure reasons the aggregate demand curve to move to the right. The ceteris paribus is known as a alteration in interest rates reasons a movement alongside the investment demand curve.
If the consumers are more confident, they will spend more at entirely earnings stage, therefore, making  consumption function goes up. This increase in expenditure causes the aggregate demand curve to move to the right. The ceteris paribus is known as an alteration in interest rates causes a movement alongside the investment demand curve.

Marketing according to the​ videlife is good: products, services and brands (7:40 mins) jim​ laughlin, the director of communications for life is​ good, emphasized the importance of spreading awareness of the​ organization's goal of helping children through the sale of products to both customers and employees. if consumers rate life is good more favorably because of these​ efforts, the company has increased its​ ____.o, irobot is seeing a lot of competitors coming out with​ lower-priced and​ lower-quality knockoffs. the result is a perception that robot vacuums do not work well. with respect to the broader swot​ framework, this analysis would fall under which​ dimension?

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The issue described in this paragraph falls under Threats dimension of SWOT (Strengths Weaknesses Opportunities Threats) analysis framework. Clearly, availability of lower-priced and lower-quality products of the same type as the product marketed by the company creates poor publicity for the company's product.

Encouraging users to click a like button is an example of which step in the social marketing process? fan acquisition brand strength community amplification

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The answer is amplification. This occurs when your product is shared, either over organic or compensated commitment, within social marketing networks thus accumulating your word-of-mouth publicity. Amplification carry out by assimilating your message endorsed (amplified) over and done with workers, clienteles, business partners, admirers and influencers.

Your campus is required to report all hate crimes thanks to the

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Your campus is required to report all hate crimes thanks to the Hate Crimes Right to Know Act. This act was established in 1997 and it requires campus authorities to report and record data on hate crimes. These hate crimes are committed because of a person's race, gender, religion and other factors.

Internationalization is the vision of creating one world unit, a single market entity.
a. True
b. False

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Iternationa;zation is the vision of creating one world unit a single market entity, b.

The three steps in the basic process of managing organizational change outlined by kurt lewin are ____.

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Kurt Lewin outlined a three-step process for managing organizational change comprising of Unfreezing, Change, and Refreezing. These steps help organizations prepare for, execute, and solidify changes, ensuring they are effectively integrated and sustained over time.

The Three-Step Process of Managing Organizational Change by Kurt Lewin

The process of managing organizational change effectively can be understood through Kurt Lewin's three-stage model. The steps outlined by Lewin for this process include:

Unfreezing: This initial stage involves preparing the organization and ensuring that its members are ready and receptive to the forthcoming changes.

Change: In this stage, the organization actually implements the planned changes, which may affect its technology, structure, culture, or procedures.

Refreezing: The final stage ensures the newly implemented changes become permanent, embedding new habits, rules, or procedures as the norm within the organization.

This process is designed to help organizations approach change in a structured way to minimize resistance and increase the likelihood of success.

Computers are typically protected from viruses by the use of

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They are protected by the used of a firewall. 
Firewalls and Virus Protection, ex (Norton, Search and Destroy, McAfee)

A woman is pregnant, with a due date of january 10, 2014. of course, the actual date on which she will give birth is not necessarily the due date

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Final answer:

A full-term pregnancy typically lasts for about 270 days from conception to birth. Due dates are usually set at 284 days from the first day of the mother's last menstrual period (LMP).

Explanation:

A full-term pregnancy typically lasts for about 270 days from conception to birth, or approximately 38.5 weeks. However, due dates are usually set at 284 days (approximately 40.5 weeks) from the first day of the mother's last menstrual period (LMP). This is because it is easier to remember the LMP than to estimate the date of conception.

The 40 weeks of pregnancy are divided into three trimesters, each lasting approximately 13 weeks. During the second and third trimesters, the pre-pregnancy uterus grows dramatically to accommodate the fetus. The due date is an estimated date, and the actual date of birth may not necessarily be the same.

The most likely type of utility that's provided by convenience stores is:

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Providing a variety of consumer goods for almost every situation. By offering such a broad spectrum of inventory, with little stock of each, it allows the consumer to come to the store for any of their needs. The store becomes a Swiss army knife, capable of serving its customers with everything in a compact design.

In which of these inventory approaches is it important to determine the actual cost of a particular inventory item being sold in order to determine cost of goods sold?

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The answer would have to be the 4th option.

Nick inherited $150,000, which he immediately invested into a fund that will earn 10% per annum. if interest is compounded semi-annually, in five years the investment will grow to

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First calculate the effective interest rate because the problem says that the interest is compounded semi-annually. The formula for effective interest rate is ieff= [(1+i/n)^n] – 1. The calculated effective interest rate is 10.25%. The value of the investment in 5 years could be calculated using the equation, FV= PV (1+i)^n. The value of the investment  then would be $244,334.194. 

Decisions which are made jointly between the employee and the direct supervisor is commonly known as​

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Shared decision making in the supervisor-to-employee relationship process in a given company is the concept that, in order to implement a proper leadership style in their practices, they must include the perceptions and opinions of their subordinates as well.

Joint decision-making between an employee and supervisor is a collaborative approach aimed at benefiting the organization and empowering the employee. It represents a shift from traditional top-down decision-making towards engaging employees in organizational procedures.

Decisions made jointly between an employee and the direct supervisor involve a collaborative approach, establishing a partnership rather than a traditional hierarchy. This cooperative process aims to benefit both the employee and the organization, aligning with the goal of creating a workplace where employees are empowered and engaged in organizational procedures. Rather than adhering strictly to the normative approach, which suggests that leaders gather information from employees but make decisions alone, a more progressive and participatory method involves consulting employees and incorporating their insights into the decision-making process. This helps in fostering a sense of ownership and satisfaction among employees and can lead to more effective and efficient outcomes for the organization.

We call the process of earning interest on both the original deposit and on the earlier interest payments:

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The pay,ends is 751$

Artem, the president of instructor services, told one of his new hires that "managers at this company are encouraged to solve their own problems rather than buck the decision to a higher level, and decisions are made more quickly, which increases our organization's flexibility and efficiency." the key benefits of ________ are the advantages that artemto his new hires. centralized authority work specialization decentralized authority management responsibility management accountability

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This is actually called a decentralized authority.

 

Decentralized decision making is any method in which the decision making authority is actually spread out to larger group. This also means that a higher authority is given to lower level functionaries, executives, and workers.

Sharon, an executive traveling on an international assignment, is preparing instructions to email to her staff during the trip. carol is in the act of

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Encoding is your answer. 

Mary wants paul's gummi bears and is willing to give up her fruit gushers for them, but not her snickers. the benefit to mary of paul's gummi bears can be measured by the value of the

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The benefit of Mary or Paul's gummi bears can be measured by the value of the fruit gushers as this is the exchange that she is willing to take to obtain the gummi bears that is from Paul and the snickers are excluded as this is something that she does not want to give up.

Mary wants Paul's gummi bears as much she wants her fruit gushers for them. The benefit to Mary of Paul's gummi bears can be measured by the value of the marginal benefit she gets from her fruit gushers. Since Mary is willing to give up her fruit gushers for gummy bears, the marginal benefit or additional satisfaction she gets from consuming fruit gushers is equal or lesser than the satisfaction she has in consuming Paul’s gummy bears.   

The current five year euro yen rate is 6% per annum (compounded annually). the five year eurodollar rate is 8.5%. what is the implied forward premium or discount of the yen (over the current spot rate) for a five year forward contract?

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The implied forward premium or discount of the yen (over the current spot rate) for a five year forward contract would be 12.36 percent premium.

What is an important issue for our times, but is currently under-discussed? Why do you believe this?

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Lack of good education in maths is a global pandemic, and rather than coding, I think we should be teaching school children and encouraging adult learners to train themselves in basic maths and showing the benefits to people so that they have a reason to take initiative here. I think this will contribute to better decision making and ultimately a better world.

A firm plans to make investments of $5,000 for the next 10 years, paying the amount at the end of each year. this form of payment represents a(n) _____.​

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A firm plans to make investments of $5,000 for the next 10 years, paying the amount at the end of each year. this form of payment represents an ordinary annuity. The term ordinary annuity describes  situation in which equal payments are made at the end of consecutive periods over a fixed length of time.
In our case the payment is equal, $5,000, it is payed in consecutive periods (every year ) and over a fixed length of time (10 years).

Prepare a classified balance sheet for vosburgh at december 31, 2018. (amounts to be deducted should be indicated by a minus sign.)

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See the image below for the balanced sheet prepared for Vosburgh

Wegmans sends the employees in its fish and meat department to a "university" program to become experts on the store's product categories. this helps to increase ______________, one of the foundations of service quality.

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The fact that Wegmans sends the employees in its fish and meat department to a "university" program to become experts on the store's product categories helps to increase assurance, one of the foundations of service quality. The assurance means accurate and current information to the stakeholders.

Answer:

The fact that Wegmans sends the employees in its fish and meat department to a "university" program to become experts on the store's product categories helps to increase assurance, one of the foundations of service quality. The assurance means accurate and current information to the stakeholders.

Explanation:

________ are voluntary collectives with the purpose of advancing their members' interests. one example of such a collective is the teamsters union. mutual-benefit organizations clan cultures for-profit organizations volunteer co-ops nonprofit organizations

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The answer in the space provided is the mutual benefit organizations as this is the one responsible of advancing the members’ interests in which is a voluntary collective. This is an organization or corporation that are non profited and are being established in ways that will be of benefit to the people involved.

The answer is mutual benefit organizations in which voluntary collectives whose determination is to advance members interests that include the unions and trade associations. In addition, the other forms of organization are the profit organization in which shaped to make money or profits by proposing products or services and the other type is nonprofit organization in which it is formed to offer services to some clients not to make a profit that includes hospitals and colleges. The communal fundamentals of organizations are common purpose, coordinated effort, division of labor, hierarchy of authority, span of control, authority, accountability, responsibility and delegation.  

The elasticity measure which has been employed by the courts to assess the degree of market competition is

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market power Market power is the ability of a company to raise the price of a good or service over marginal cost. The more market power a company has, the less competitive a market is.

P19 - 104. in applying the lower of cost or market method to inventory valuation, market is defined as:

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lower-of-cost-or-market It is inconsistent because losses are recognized but not gains. b. It usually understates assets. c. It can increase future income. "market" in the lower-of-cost-or-market rule be more than estimated selling price in the ordinary course of business less reasonably predictable costs of completion and disposal. Designated market value is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin Lower-of-cost-or-market is most conservative if applied to individual items of inventory. the rationale behind the ceiling when applying the lower-of-cost-or-market method to inventory is to prevent overstatement of the value of obsolete or damaged inventories.

Why should managers be concerned about how the decisions they make affect others?

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Managers should be concerned about how the decisions they make affecting others due to their workers looking at how their business is ran also customers and those decisions that the managers make affect every one that looks up to them , or is below them on a level wise
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