2. sorry, you didn't win the lottery, but here's a way you can still be a millionaire! starting at age 22, every night you take $5 out of your pocket and put it in a manila
envelope (title it "lottery winnings"). at the end of the year, you place the money from the envelope in a stock fund with an average interest rate of 10%.
• how much will you have in the account when you retire at age 65?
. what would be different if you started this plan later in your life?

What is one of the best ways to determine what kind of business you'll enjoy

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?