Total amount of additional earnings
Course:- Business Economics
Reference No.:- EM132281375

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Economics

Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7000 a year more for the next 40 years.

a) What would be the total amount of these additional earnings?

b) What would be the future value of these additional earnings based on an annual interest rate of 6%. (Round time value factor to 3 decimal places and final answer to the nearest whole number.)

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
You hold an auction among three bidders. You estimate that each bidder has a value of either $16 or $20 for the item, and you attach probabilities to each value of 50%. What i
(a) Basing your calculation on simple interest and giving your answer correct to four significant figures, calculate the annual rate of rate of interest paid to Barbara. (b)
Using general equilibrium analysis, graph and explain the effects of a small country levying a tariff on a ­­­-good. What may be some of the long term effects not addressed by
A multinational company is accused of paying bribes to the government of a host country to obtain permission to build a production factory. the public relations manager of the
The production function at Ginko's Copy Shop is q = 1000 x min(L, 3K), where q is the number of copies per hour, L is the number of workers, and K is the number of copy machin
Suppose every member of Congress genuinely believes that government expenditures are excessive and ought to be reduced by at least 10 percent. Why would this not be sufficient
Suppose that the Home country in the two-sector (manufacturing and agriculture) specific-factors model has a comparative advantage in manufactured output. Which statement belo
Chris is preparing for a comprehensive course exam by reading a textbook with chapters of equal length and difficulty. The number of chapters she can comprehend and master whe