Which two sentences are written correctly? Despite popular misconception, Thomas Edison was not born in poverty. Edison is revered by many today, because his inventions helped shape the United States. The parents of Thomas Edison-Samuel and Nancy-had six other children before him. Thomas Edison invented the electric light bulb, it was one of his greatest achievements. In 1869, Edison developed his first invention... which was a new version of the stock ticker. O O O O
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- 1. Indiana Jones finds an ancient Chinese bracelet that is worth $100,000 today. In one year, he finds a ring worn by King James that is worth $290,000. In five years, he finds a necklace that was a gift to Princess Katya that is worth $150,000. Each appreciates in value by 7.2% per year. What is the total value of the jewelry exactly 20 years from today? 2. Indiana Jones invests $57,000 in a financial asset that earns 6.1% annually. Jones wants to use that money as a down payment on a villa in Bermuda that he will purchase in 4 years. The villa will cost $600,000 and Jones will take out a 9 year loan at 4.6%. Compute the monthly payment on the loan.Garnett Jackson, the founder, and CEO of Tech Tune-Ups, stared out the window as he finished his customary peanut butter and jelly sandwich, contemplating the dilemma currently facing his firm. Tech Tune-Ups is a start-up firm, offering a wide range of computer services to its clients, including online technical assistance, remote maintenance, and backup of client computers through the Internet, and virus prevention and recovery. The firm has been successful in the 2 years since it was founded; its reputation for fair pricing and good service is spreading, and Mr. Jackson believes the firm is in a good position to expand its customer base rapidly. But he is not sure that the firm has the financing in place to support that rapid growth. Tech Tune-Ups’ main capital investments are its own powerful computers, and its major operating expense is salary for its consultants. To a reasonably good approximation, both of these factors grow in proportion to the number of clients the firm serves.…How does Greek Art and Architecture differ from Roman Art and Architecture? Please give a detailed description of the art from each culture, including a brief historical summary of each civilization. I am also looking for what each culture invented and how they impacted the culture that we live in today.
- 10. In the news: Recently, the malware Wannacry infected many computers worldwide. In order to recover their file, the victims had to pay a certain amount. In what currency was the payment required? a) Bitcoin b) Euro c) Russian Roebel d) US Dollar#11 Issue: Your neighbor, Norman Vetter, has always been tinkering in his garage with his inventions. He believes he has finally come up with one that could really sell well. He is a little concerned about some potential safety issues, but he believes those issues will be worked out. He wants to form a business to manufacture and sell his invention and has come to you for advice. In particular, he would like to know the advantages and disadvantages of forming a corporation, rather than simply organizing as a sole proprietor. Questions to be Answered: Explain to Norman in detail THREE advantages of the corporate form of organization over a sole proprietorship. Explain to Norman in detail THREE disadvantages of the corporate form of organization over a sole proprietorship.(Related to Checkpoint 5.6) (Solving for i) Kirk Van Houten, who has been married for 21 years, would like to buy his wife an expensive diamond ring with a platinum setting on their 30-year wedding anniversary. Assume that the cost of the ring will be $11,500 in 9 years. Kirk currently has $4,505 to invest. What annual rate of return must Kirk earn on his investment to accumulate enough money to pay for the ring? The annual rate of return Kirk must earn on his investment to accumulate enough money to pay for the ring is %. (Round to two decimal places.)
- Geoff recently graduated from a state university with a degree in art history. He has no student loans and has saved $7,000 toward retirement while in school. He's heard rumors about the stock market being unstable right now, and he has friends his age who have seen their investment accounts go down in value. Geoff has decided to keep his money in a savings account until mutual fund returns look better; then he will invest the money. 1 2 3 4 Did Geoff make a good decision to keep his money in a savings account until the market goes back up? Why or why not? If he did put his money in the stock market instead of a savings account, should he leave it alone or take it out when the market goes down? Explain your answer. For long-term savings, what is the better option: Keep your money in a savings account or invest it into the stock market? Why? If Geoff came to you for advice about his money situation, what would you tell him?Kyle is a grade 5 student currently taking his modular class at home since the pandemic happened in the last month of the first quarter of that year 2020 here in the Philippines. His Mom Lea tried to invest in Kyle’s future for college which saves money of 500PhP twice a month which started at the beginning of the second quarter. What will be the accumulated value after he finished his Senior High School level assuming that the last contribution and his graduation will be held at the end of the second quarter with the equivalent of 8% cost of money compounded on the stated period of contribution?Requirements: Cash Flow diagram, Formula and solutions4. Turton 4th, Prob. 9-18. You want to begin an investment plan to save for your daughter's college education. Because you believe that your newly born daughter will be a genius (just like you!), you are assuming the educational cost will be that of an Ivy League School. You plan to put money into an investment account, at the end of each year, for the next 18 years. You believe that you will need about $60,000 per year, each year, 19 through 22 years from now. a. Draw a discrete cash flow diagram for this situation. b. How much would you have to invest each year to pay for college and have a zero balance at the end of year 22? The effective annual interest rate of your investment is 8%. c. What interest rate would be needed if you could invest only $5000/yr?
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