Business
Business, 22.08.2019 03:10, hgghukghj1814

Sue and neal are twins. sue invests $5,000 at 7 percent when she is 25 years old. neal invests $5,000 at 7 percent when he is 30 years old. both investments compound interest annually. both sue and neal retire at age 60. which one of the following statements is correct assuming neither sue nor neal withdraw any money from their accounts prior to retiring?
a. neal will earn more compound interest than sue.
b. sue will have more money than neal at age 60.
c. sue will have less money when she retires than neal.
d. if both sue and neal wait to age 70 to retire they will have equal amounts of savings.
e. neal will earn more interest on interest than sue.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, hollie52
The market price of cheeseburgers in a college town increased recently, and the students in an economics class are debating the cause of the price increase. some students suggest that the price increased because the price of beef, an important ingredient for making cheeseburgers, has increased. other students attribute the increase in the price of cheeseburgers to a recent increase in college student enrollment.1. the first group of students thinks the increase in the price of cheeseburgers is due to the fact that the price of beef, an important ingredient for making cheeseburgers, has increased. (what happened to demand and supply, shift to the right or left)2. the second group of students attributes the increase in the price of cheeseburgers to the increase in college student enrollment. (what happens to demand and supply, shift to the right or left)3. suppose that both of the events you analyzed above are partly responsible for the increase in the price of cheeseburgers. based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of cheeseburgers? (choose a, b, c, or d)a)if the price increase was small, then the supply shift in the market for cheeseburgers must have been larger than the demand shift. b)if the equilibrium quantity of cheeseburgers decreases, then the demand shift in the market for cheeseburgers must have been larger than the supply shift. c)if the equilibrium quantity of cheeseburgers decreases, then the supply shift in the market for cheeseburgers must have been larger than the demand shift. d)whichever change occurred first must have been the primary cause of the change in the price of cheeseburgers.
Answers: 2
image
Business, 21.06.2019 21:00, 3steves
Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (no less then 25 words)
Answers: 1
image
Business, 22.06.2019 07:40, genyjoannerubiera
Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
Answers: 1
image
Business, 22.06.2019 09:50, shanedawson19
Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing
Answers: 1
Do you know the correct answer?
Sue and neal are twins. sue invests $5,000 at 7 percent when she is 25 years old. neal invests $5,00...

Questions in other subjects:

Konu
Mathematics, 17.07.2019 10:00