Q7. Your cousin has just started saving for retirement. She is 25 and asked you to help her determine the amount she will have accumulated for retirement in 40 years. For the first 10 years she plans to contribute $3000 a year. Then in years 11-20 she plans to increase her contribution to $5000 a year. In years 21-30 she plans to contribute $10,000 a year and in the last 10 years she plans to contribute $15000 a year. Assume she gets a steady rate of 6%. How much will she have accumulated. Then compute the annual payment she will receive over the next 40 years if the wealth is converted into an annuity payment at 8%.

If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.