On January 1, 2020, Bonita Industries decided to begin accumulating a fund for asset replacement five years later. The company plans to make five annual deposits of $69000 at 7% each January 1 beginning in 2020. What will be the balance in the fund, on January 1, 2025 (one year after the last deposit)? The following 7% interest factors may be used. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 4 periods 3.3872 4.4399 5 periods 4.1002 5.75074 6 periods 4.7665 7.15329 $424577 $396801 $369150 $345000

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.

Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?

One cost-of-living indicator available on the internet shows that a salary of $40,000 in santa barbara, california, is equivalent to $14,000 in wichita, kansas. this is primarily because of housing, which is much less expensive in wichita. what does this difference say about how the federal government calculates poverty?