subject
Business, 16.02.2021 02:20 Jgrant7485

An engineer plans to work with a consultant before starting her own firm. She estimates that she will need $70,000 to start her own firm in ten years, $110,000 at the end of the first year of business, $50,000 at the end of the second year, and $30,000 at the end of the third year. After the third year of business, her firm should be self-sufficient. Assuming that the interest rate is 5% and that her annual payments occur at the ends of years one through ten, approximately how much does she need to deposit each year in order to have the funds required to start her own firm

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:20
Social computing forces companies to deal with customers as opposed to
Answers: 2
question
Business, 22.06.2019 09:00
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
Answers: 1
question
Business, 22.06.2019 11:00
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following monthโ€™s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
question
Business, 22.06.2019 20:50
Lead time for one of your fastest-moving products is 20 days. demand during this period averages 90 units per day.a) what would be an appropriate reorder point? ) how does your answer change if demand during lead time doubles? ) how does your answer change if demand during lead time drops in half?
Answers: 1
You know the right answer?
An engineer plans to work with a consultant before starting her own firm. She estimates that she wil...
Questions
question
Chemistry, 21.06.2021 17:30
question
Mathematics, 21.06.2021 17:30
question
Social Studies, 21.06.2021 17:30
question
Mathematics, 21.06.2021 17:30
question
English, 21.06.2021 17:30
Questions on the website: 13722361