You want to save for retirement. assuming you are now 30 years old and you want to retire at age 55, you have 25 years to watch your investment grow. you decide to invest in the stock market, which has earned about 11% per year over the past 80 years and is expected to continue at this rate. you decide to invest $1,000 today. required: how much do you expect to have in 25 years?

3. now assume that carnival booked lady antebellum in december 2016 to perform on the june 2017 western caribbean cruise. further assume that carnival pays lady antebellum its entire performance fee of $52,000 on december 28, 2016, for the june 2017 cruise. what journal entry will carnival make on december 28, 2016, for its payment to lady antebellum?

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes