Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal? a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13

$87,878.88

Explanation:

Calculation How much do you need to earn this year

Using this formula

PV =FV/ (1 + r )^n

Where,

FV =Future Value=$100,000

PV =Present Value

r =rate of interest=6.5%

n=no of period=3 years

Let plug in the formula

PV =$100,000 / ((1 + 6.5%)^3)

PV =$82,784.91

Therefore the amount you need to earn this year will be $82,784.91

balanced lifestyle would be the type of lifestyle that fulfill all aspects of our life, including financial security, personal achievements, emotional balance, and intimate relationships with other people.

for me personally, the job that i would choose to achieve a balanced lifestyle is opening an online store.

online store can be managed from the comfort of our phone. if we are the owner of the store, we can determine our own working hours. we can arrange our working hours so we have time to do things such as taking care of children, cultivating romantic relationship, or do our hobby.

there are so many examples for that in different areas, like biology experiment carried out in our lab recently.

here's one link :