integral Suppose you find an account that earns % interest annually and you wish to have an income from the account of $ per year. How much must you deposit today

We should deposit $85,000 today.

Explanation:

Future value is value of asset or security at a later date in future with incorporating the effects of growth rate. We have decided to save $85,000 which will then grow to $107,311 for Four years. The year 4 rate is 6% which will be used to compute the future value of savings.

FV = PV *

FV = 85,000 *

Future value = 107,311

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

engine assembler, survey reasearcher, auditor