This topic contains a solution. Click here to go to the answer

Author Question: A woman accepts a position as president of a company at age 37. Assuming retirement at age 67 and ... (Read 62 times)

B

  • Hero Member
  • *****
  • Posts: 570

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


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
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


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Gracias!

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library