You want to retire in 40 years, and you want to have an annuity of $65,000 a year for 30 years after retirement. You want to receive the annuity payments at the end-of-year basis during your retirement period. Using an interest rate of 7.5% for the savings period and 3.25% for the retirement period, how much you must save during your 40 working years, in equal amount at the end-of-year basis, in order to have this retirement annuity? $5,791.71

$5,260.50

$5,429.22

$5,986.49

$5,099.53​

Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t

There are more than two types of bachelors’ degrees true or false?

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.