Today is your 24nd birthday and you decide starting today and continuing every birthday that you will put the same amount into a savings account. If the interest rate is 6%, how much you need to set aside each year to make sure that you will have $2.5 million in the account on your 67th birthday just after making the deposit for that year

Which of the following goals is most effective? i will purchase a house by age twenty-five. i will purchase a three-bedroom house located near cherry park by my twenty-fifth birthday. in order to reach this goal, i will graduate from college and secure a job as a software developer.

Double corporation acquired all of the common stock of simple company for

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.