This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A woman accepts a position as president of a company at age 37. Assuming retirement at age 67 and ... (Read 65 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jun 16, 2021

Question 1

A man takes a job as a record keeper at the age of 21.  Assuming retirement at age 65 and annual salary $3200 that is paid in a continuous money flow, what is the  accumulated present value?  The current interest rate is 7%, compounded continuously.
◦ -$43,613.29
◦ $43,613.29
◦ $2100.99
◦ $47,815.28

Question 2

A woman accepts a position as president of a company at age 37.  Assuming retirement at age 67 and annual salary $14,000 that is paid in a continuous money flow, what is the president's accumulated present value?  The current interest rate is 7%, compounded continuously.
◦ $224,491.29
◦ $24,491.29
◦ $175,508.71
◦ -$175,508.71
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by B on Jun 16, 2021

janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 16, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


B

  • Member
  • Posts: 570
Reply 2 on: Jun 16, 2021
Excellent

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

President-elect Barack Obama 150 million tiny carbon nanotubes President-elect Barack Obama 150 million tiny carbon nanotubes
Young Bill Clinton (left) shakes hands with President John F. Kennedy. “The torch has been passed ... Young Bill Clinton (left) shakes hands with President John F. Kennedy. “The torch has been passed ...
How to solve a linear system when the variable is in the denominator position (Question 2 of 2) How to solve a linear system when the variable is in the denominator position (Question 2 of 2)
Squeeze posterior leg muscles. Apply along muscles from knee to ankle. Use same hand position as in ... Squeeze posterior leg muscles. Apply along muscles from knee to ankle. Use same hand position as in ...
Baby labour position Baby labour position
Position the client Position the client
Video: Introduction to Spirometry

For a complete list of videos, visit our video library