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You have just deposited $14,500 into an account that promises to pay you an annual interest rate of 7.2 percent each year for the next 8 years. You will leave the money invested in the account and 20 years from today, you need to have $58,270 in the account. What annual interest rate must you earn over the last 12 years to accomplish this goal
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Business, 22.06.2019 22:30, jasjas3722
Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.
Answers: 1
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Business, 23.06.2019 03:00, dontcareanyonemo
Madeline quits her job, at which she was earning $20,000 per year. she then takes $50,000 out of savings, on which she was earning 10% interest, and uses it to buy supplies for her business. she also pays $10,000 in rent on the building and $15,000 in additional labor costs. in her first year of operations, madeline receives $150,000 in revenue from sales. instructions: round each answer to a whole number. madeline's accounting cost is
Answers: 1
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