You want to have saved $1,000,000 in 30 years by starting your savings today. How large of a payment do you have to make each year if the interest rate is 10%? Suppose your great-uncle is about ready to retire and talks with you about an option his financial planner has been discussing with him. The financial planner notes that a 25 year annuity ought to be sufficient for his remaining expected lifetime and explains the discount rate for the annuity he offers is 4.5% annually. What are the expected annual payments to your great-uncle if he uses his $ 1, 750,000 in savings to purchase the annuity? His first payment is expected to start one year from today.

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer