« previous next »

Author Question: Your daughter is born today and you want her to be a millionaire by the time she is 40 years old. ... (Read 244 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
on: Jul 11, 2018
Your daughter is born today and you want her to be a millionaire by the time she is 40 years old.
  open an investment account that promises to pay 11.5 per year.
 
  How much money must you
  deposit today so your daughter will have 1,000,000 by her 35th birthday?
  A) 20,100 B) 22,150 C) 28,575 D) 18,940

Question 2

The distinguishing feature of a corporation is that:
 
  A) a corporation is a legally defined, artificial being, separate from its owners.
  B) there are no legal differences between the corporation and its owners.
  C) it spreads the liability for its corporate obligations to all shareholders.
  D) it provides limited liability only to small shareholders.


janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 11, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ... For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ...
The apples of today are larger and sweeter than their ancestors, thanks to hundreds of years The apples of today are larger and sweeter than their ancestors, thanks to hundreds of years
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
Disitive Time For Milk Products Disitive Time For Milk Products
Time homework Time homework
Earth 240 Million Years Ago Earth 240 Million Years Ago
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library