Your parents have accumulated a $170,000 nest egg. They have been planning to use this money to pay college costs to be incurred by you and your sister, Courtney. However, Courtney has decided to forgo college and start a nail salon. Your parents are giving Courtney $20,000 to help her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. Use 8 percent as the appropriate interest rate throughout this problem. Use Appendix A and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. How much money will your parents have at the end of four years to help you with graduate school, which you will start then?

Answers

Answer 1
It takes a long chicken to make a long egg.









It’s a chicken penis

Related Questions

What is productivity?

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Answer:

Productivity refers to a measure of effectiveness of a person, machine, process, action, etc. The productivity can be found by comparing the average output and the total resources used (Money, time, material, energy, etc).

For example, a person that takes 1 hour fixing a car is way more productive than a person that fixes the same car in 10 hours.

Another example could be, a factory that produces 50 plastic glasses in 3 minutes is way more productive than a factory that produces the same amount of plastic in an hour.

As mentioned before, you can measure productivity not only against time, but also against all the material used, the energy, money etc.

What form of arbritration refers to situations where local representatives agree to comply with the arbitraters decision before the proceedings?

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Answer:

binding arbitration

Explanation:

Both parties agree to be bound by the decision of the arbiter and follow the recommendations/obligations stipulated by the arbiter at the end of the process.

That bound of the two parties makes it a binding arbitration.

As opposed to a non-binding arbitration where the result cannot be enforced onto the parties, a bit like a mediation.  The result is more like a discussion starting point towards a negotiation of the end of the conflict.

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