a) He should expect to have $1.69 million. b) The probability is about 0.0036. c) He should invest $7,048.31 each year. d) He should invest $10,113 each year.
a) We can use the formula for future value of an annuity to find the expected value of the retirement fund at age 60:
FV = P * [\((1+r)^{n}\) - 1] / r
where FV is the future value, P is the periodic payment, r is the rate of return, and n is the number of periods.
In this case, P = $3,000, r = 0.12, n = 30, and we want to find FV when n = 30. Using the above formula, we get:
FV = $3,000 * [\((1+0.12)^{30}\) - 1] / 0.12 = $1,463,556.68
So the MBA should expect to have about $1.46 million in his retirement fund at age 60.
b) We can use the formula for the z-score of a normal distribution to find the probability that the MBA will have more than $1 million in his retirement fund:
z = (ln($1,000,000) - ln(FV)) / (s * \(\sqrt{n}\))
where ln is the natural logarithm, s is the standard deviation, and all other variables are the same as in part a.
Plugging in the values, we get:
z = (ln($1,000,000) - ln($1,463,556.68)) / (0.02 * \(\sqrt{30}\)) = -2.74
Looking up the area to the right of z = -2.74 in a standard normal distribution table, we find the probability to be approximately 0.9964. Therefore, the probability that the MBA will have more than $1 million in his retirement fund at age 60 is about 0.0036 or 0.36%.
c) To determine how much the MBA should invest each year to achieve a mean value of $1 million in his retirement portfolio at age 60, we can use the formula for the future value of an annuity:
FV = PMT × [\((1+r)^{n}\) - 1]/r
where FV is the future value of the annuity, PMT is the annual payment, r is the annual interest rate, and n is the number of years of investment. We can solve for PMT by setting FV to $1 million, r to 12% (the mean return), and n to 60 - the MBA's current age of the MBA (assuming he is starting at age 0):
$1,000,000 = PMT × [\((1+0.12)^{60}\) - 1]/0.12
Solving for PMT, we get:
PMT = $7,048.31
Therefore, the MBA should invest $7,048.31 each year to achieve a mean value of $1 million in his retirement portfolio at age 60.
d) To determine how much the MBA should invest each year to have a 90% chance of having at least $1 million in his retirement fund at age 60, we can use the formula for the future value of an annuity and the normal distribution to calculate the probability of achieving a future value of at least $1 million. Let X be the future value of the MBA's retirement portfolio at age 60. Then, X can be modeled as a normal distribution with mean:
μ = PMT × [(1 + r)n - 1]/r
and standard deviation:
σ = PMT × [(1 + r)n - 1]/r × \((r-s^{2}/2 )^{1/2}\)
We want to find the value of PMT such that P(X ≥ $1,000,000) = 0.90. We can calculate this probability using the standard normal distribution and the formula:
P(X ≥ $1,000,000) = P(Z ≥ (1,000,000 - μ)/s)
where Z is a standard normal random variable. Substituting the expressions for μ and s, we get:
P(X ≥ $1,000,000) = P(Z ≥ (1,000,000 - PMT × [(1 + r)n - 1]/r)/(PMT × [(1 + r)n - 1]/r × \((r-s^{2}/2 )^{1/2}\)))
Solving for PMT requires trial and error or numerical methods. Using a spreadsheet or calculator, we can find that PMT ≈ $10,113. Therefore, the MBA should invest $10,113 each year to have a 90% chance of having at least $1 million in his retirement fund at age 60.
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Company Z understands that their business is at risk. How can they use step two in the
Decision Making Process to reach their end goal of increasing sales and customer satisfaction?
Company Z can use step two in the decision-making process to achieve its ultimate goal of increasing sales and customer satisfaction by gathering the relevant information about a decision.
Step two of the decision-making process corresponds to gathering relevant information after the decision has been identified. At this stage, internal and external work is necessary, analyzing the errors and successes related to a past decision.
Therefore, it is necessary for company Z to seek information from different sources, such as the results of previous decisions, studies, market research and consultancy, to ensure greater chances of a decision being effective.
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Producer surplus is the difference between the _____ price and the minimum price at which a producer would be willing to sell a particular quantity.
Answer:
Market
Explanation:
Producer surplus is the difference between the market price and the minimum price at which a producer would be willing to sell a particular quantity.
Producer surplus is known to be the total amount that a producer benefits or gains from producing and selling a quantity of a good at the market price. The total revenue that a producer receives from selling their goods minus the total cost of production equals the producer surplus.
The demand functions for goods 1 and 2 are: 4;(P1, P2) = 600 - 6P; +P; for j=1,2 The two firms, each producing one of these good, have identical costs given by TC;(q;) = 10q; for j=1,2 ? (d) Now assume that the firms form a perfect cartel. Find the cartel profits as a function of the prices charged for each product. Using the cartel best response functions, find the prices that maximize cartel profits. LOCATE the cartel prices of each firm in the best response function diagram. Find the quantities produced by each firm under cartel. Find the cartel profits of each firm. Do firms have an incentiveto join the cartel?
The cartel profits are determined by the total revenue of the cartel minus the total cost of the cartel. The total revenue of the cartel is given by the sum of the demand functions of the two firms: TR = 4(P1, P2) = 600 - 6P1 + P2.
The total cost of the cartel is given by the sum of the cost functions of the two firms: TC = 10q1 + 10q2. The cartel profits can be found by substituting the optimal prices (P1 and P2) and the optimal quantities (q1 and q2) into the formula for the total revenue and total cost:
Profit = TR(P1, P2) – TC(q1, q2)
The prices that maximize the cartel profits can be found by setting the partial derivatives of the cartel profits with respect to P1 and P2 equal to 0. This results in the optimal prices of P1 = 300 and P2 = 300. These prices can be located on the best response function diagram.
The quantities produced by each firm under the cartel are q1 = 150 and q2 = 150. The cartel profits of each firm are Profit1 = Profit2 = 4500.
Firms have an incentive to join the cartel because they can increase their profits by setting a single price for the market and dividing the profits among themselves. By joining the cartel, they are able to increase their profits by taking advantage of the market power they have by controlling the prices.
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Impact of consumer protection act on the marketing function
The impact of the consumer protection act on the marketing function is that Under this act, people are veritably happy because this act tells the people the right rate of the particulars, and all effects which help consumers to cover them from high request prices, fake prices of particulars, etc.
The Consumer Protection Act 68 of 2008( “ CPA ”) has introduced significant restrictions on the way suppliers are permitted to request goods and services from consumers. The CPA is designed to cover consumers before they enter into a sale and indeed if they don't eventually distribute with the supplier.
It helps people to get their rights, on the other hand, it's a big problem for the dealer because they don't get important profit due to the action of this act. It helps consumers veritably much in marketing work.
Consumer Protection Act provides Consumer Rights to help consumers from fraud or specified illegal practices. These rights insure that consumers can make better choices in the business and get help with complaints.
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Leanna opens a savings account with an initial balance of $100. She then deposits $50 each month. Use an equation, a table, and a graph to explain the relationship between the amount of money in the account, a, and the number of months since Leanna opened the account, m.
Part A Write an equation to represent the problem. Explain how the value of a changes as m increases.
Part B Make a table to show the relationship between m and a. Find 5 ordered pairs.
Part C Use your table from Part B to draw a graph to represent the situation.
Answer:
Leanna opens a savings account with an initial balance of $100. She then deposits $50 each month. Use an equation, a table, and a graph to explain the relationship between the amount of money in the account, a, and the number of months since Leanna opened the account, m.
Part A Write an equation to represent the problem. Explain how the value of a changes as m increases.
Part B Make a table to show the relationship between m and a. Find 5 ordered pairs.
Part C Use your table from Part B to draw a graph to represent the situation.
larry has recently joined a prestigious law firm. he cheats and demands bribes from his clients, as well rival lawyers. larry is so oblivious to the means he uses to earn money that he continues these acts even when he is aware of the possibility of being caught and getting terminated. in the given scenario, larry's behavior is that of a:_____.
Larry's behavior is that of an unethical and dishonest person who engages in fraudulent activities. He is willing to cheat and demand bribes, regardless of the consequences.
This type of behavior is not only illegal but also goes against the professional standards and ethics of the legal industry. Larry's actions show a lack of integrity and a disregard for the trust that his clients and colleagues have placed in him. If he continues this behavior, he will likely be caught and face severe consequences, including the loss of his job and potential legal action.
Therefore, Larry's behavior involves cheating, being aware of the possibility of being caught, and continuing these acts, can be described as unethical and reckless.
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SCENARIO
John works at the John Deere factory as a welder. He makes $70,000 a year. His wife Sherri is a stay at home mom for their three
children; ages 13, 11, and 5.
QUESTION
based on that, what kind of life insurance do they need?
a. do they need just one policy, or more than one?
SCENARIO
Bob is 62 and owns the local furniture store. His wife passed away two years ago. He has four children; Bobby Jr., Emma, James, and Cecil. Bob wants the business to continue for his children after he passes. The business is worth about $800,000 right now. Bobby Jr. and James want to inherit the business and keep it going. Emma and Cecil have no interest in the business. .
QUESTION
1. How much insurance do they need?
If there is more than one policy how much for each, and why?
Show your calculations if appropriate to show which method you used
Answer:
Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured. The amount of life insurance needed depends on the financial needs of the dependents left behind. In John and Sherri’s case, they have three children who are still minors and depend on their income. They should consider purchasing enough life insurance to cover their children’s expenses until they are old enough to support themselves. It is recommended that they purchase a policy that is at least 10-12 times their annual income1.
As for whether they need one policy or more than one, it depends on their individual circumstances. If John and Sherri have different financial needs, they may need separate policies. For example, if John has more debt than Sherri, he may need a larger policy to cover his debts2.
Self-actualization needs
Maslow developed a theory based on the needs of the human beings, he proposed a hierarchy of needs.
According to Maslow, needs lower down in the hierarchy need to be satisfied in order to focus in needs that are higher up in the pyramid.
The needs he proposed are:
Physiological needs: refer to biological needs for human survival (food, warmth, sleep, etc)
Safety needs: refer to protection from elements (security, order, stability)
Love and belongingness needs: These has to do with the need for interpersonal relationships. (friendship, intimacy, love)
Esteem needs: these needs refer to the need for respect or reputation (achievement, mastery, status).
Self-actualization needs: Refer to realizing one own's potential and self-fulfillment. They refer to the need for personal growth and development throughout one's life. In other words, "To become everything one is capable of becoming".
In this example, Bob has decided that he wants to put his skills to work helping the charities that he supports and want to take an active part in the raising of their grandchildren.
Bob has more than enough money so he has his safety needs covered, he has a wife a kids so we can conclude that he has his love and belongingness needs satisfied too, he's a successful businessman so he has his esteem needs satisfied as well.
On the other hand, he wants to help the charities he supports and take an active part in the raising of his grandchildren. Thus, he wants to realize his own's potential and self-fulfillment and to have a personal growth by helping others, thus we can conclude that the is motivated by self-actualization needs.
Explanation:
under the employment at will doctrine an employer or employee may terminate the employment at any time for any reason, unless contract provides to the contrary or their is a wrongful termination.
Under the employment at will doctrine, both the employer and employee have the right to terminate the employment relationship at any time, for any reason, without the need for a specific cause or prior notice.
However, there are exceptions to this rule. If there is a contract in place that specifies conditions for termination, both parties must adhere to those terms. Additionally, termination cannot be based on discriminatory factors, such as race, gender, or disability, as this would constitute wrongful termination.
To summarize, employment at will allows for termination without cause, unless there is a contract or the termination is deemed wrongful.
Overall, the employment at will doctrine grants both the employer and employee the freedom to end the employment relationship at any time. However, there are circumstances that may restrict this right, such as a contractual agreement or a termination that is considered wrongful.
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When a startup wants to offer stock on the stock market, they go from a private to a public company.
Answer:
true...u didn't wrote if u want answer it or not but its true
what can be said about determining causation between two factors from a business standpoint, when you have a well thought dataset?
Select an answer: Identifying a causal factor does not require additional resources and time. Although it might not always be accurate, you can use good business judgment to identify a causal factor. If you apply your business judgment, you will always be able to identify a causal factor. If you have a well-thought-out dataset, a causal factor will appear in the data.
Based on business management strategies and the available options, what can be said about determining causation between two factors from a business standpoint, when you have a well thought dataset is that "Although it might not always be accurate, you can use good business judgment to identify a causal factor."
What is Causation in business?Causation in business is a term that is used to describe the approach in which entrepreneurs focus on a predefined goal and then aim to find the means to reach this goal.
Generally, the causation approach is considered. a traditional approach in the business managed t and it decides on a predetermined goal and then selects between means to achieve that goal.
Hence, in this case, it is concluded that the correct answer is option B. Although it might not always be accurate, you can use good business judgment to identify a causal factor.
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Working for the Internal Revenue Service is a career in public safety.
A True
B. False
Answer: Most are so probably A
Explanation:
You can work there and see I don't really know how to explain
this shows a lender, if you have a good track record of paying debts. A. loan B.profit planning C. SBA D. credit rating
Answer:
The big three C's – Credit, Capacity, and Collateral – are really the drivers how lenders determine who gets a loan, how much they'll loan, and what the interest charge will be.a stock investor deposited $2,000 five years ago in a non-dividend paying stock. today the stock is valued at $3,077. what annual rate of return has this investor earned (use annual compounding)?
We may use the compound interest formula to determine the annual rate of return received by the stock investor: Future Value is Present Value minus (1 + r)n.
Where: ($3,077) Future Value is the investment's current value. The initial investment ($2,000) is the Present Value. n is the number of years, and r is the yearly rate of return (5) To find the yearly rate of return (r), we can rearrange the formula as follows: The formula for r is (Future Value / Present Value)(1/n)1 adding the specified values to the formula: r = ($3,077 / $2,000)^(1/5) - 1 r ≈ 0.0905 or 9.05% As a result, the stock investor received a roughly 9.05% annual rate of return on their investment.
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A short-term savings strategy is usually designed to:
A. maximize the growth of money used for investments.
B. make sure a person has money available in an emergency.
C. increase the income a person earns by having a job.
D. allow a person to spend nearly all of the money he or she makes.
SUBMIT
Answer: B. Make sure a person has money available in an emergency. (Thanks 22ogarthwaite)
Explanation: A P E X
A short-term savings strategy is usually designed to make sure a person has money available in an emergency.
What is short term savings?An amount kept aside by an individual for the purpose of utilization in a very short span of time with a contingent purpose, is known as short term savings.
Hence, option B is true regarding short term savings.
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the group of consumers to whom a product is marketed is the
Answer:
A target market is a group of customers with shared demographics who have been identified as the most likely buyers of a company's product or service.
The basis of competition is freedom of ______ exercised in the pursuit of ______.
The basis of competition is freedom of choice exercised in the pursuit of money.
What is competition?Competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements.
The purpose of competition is for businesses to try to outdo each other in order to earn more.
Also, competition enable businesses come up with newer ways to please their customers, hence come up with amazing innovative ideas and better products.
Hence, the basis of competition is freedom of choice exercised in the pursuit of money.
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Let the domain is the set of all negative integers. is the universally quantified statement true or false?
"Let the domain is the set of all negative integers. is the universally quantified statement"
This statement is True.
In math, a negative integer represents the opposite. In the device of actual numbers, a terrible wide variety is a range of much less than 0. A terrible wide variety is frequently used to symbolize the scale of a loss or deficit. A legal responsibility that comes due may be taken into consideration a terrible asset.
They are made from a negative integer and a terrible integer is terrible. RULE 2: The made from tremendous integers is tremendous. RULE 3: The made from terrible integers is tremendous. RULE 1: The quotient of a tremendous integer and a terrible integer is terrible.
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many wasps and bees have an hourglass-shaped body with prominent striping. most also have a sting that they use for defense and/or for capturing prey. tropical entomologists have long known that there are many other species of insects that lack a sting, such as flies, moths and beetles, that are remarkable mimics of bees and wasps. the mimics probably arose through
The question you have asked is "many wasps and bees have an hourglass-shaped body with prominent striping. Most also have a sting that they use for defence and/or for capturing prey. Tropical entomologists have long known that there are many other species of insects that lack a sting, such as flies, moths and beetles, that are remarkable mimics of bees and wasps. The mimics probably arose through..."
The tropical entomologists have long suggested that these other species of insects evolved to mimic the appearance and behaviour of bees and wasps in order to gain protection from predators. The resemblance of these mimics to the wasps and bees can be attributed to a process known as 'Batesian mimicry'. This process is when a less dangerous species takes on the characteristics of a more dangerous species in order to deceive predators. In this case, the less dangerous species of insects (such as flies, moths and beetles) evolved to look like the more dangerous bees and wasps in order to gain protection from their predators.
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NO HACKERS!!!!!!!!!!!!! I NEED HELP URGENTLY!!!!!!! I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!
If there will be one manager, six computer programmers, two sales representatives, and one administrative support position at the new location of GoldStar Technology, would an open or closed office layout design be preferable? Why?
PLEASE HELP!!!!!!!!!!!
Answer:
An open office
Explanation:
There are not that many employees, therefore, means there is not a lot going on.
Definition:
A closed office offers relative privacy and quiet. An open office is where an entire floor, or certainly a large room, holds all of the firm's employees, separated only by desks,
with the workers generally sitting alongside one another. There are no internal walls in an open office, and consequently, no barriers.
What is it called when businesses are doing poorly and stock prices drop?
Answer:
When a stock price falls, that means the company must sell additional shares of stock to raise the same amount of proceeds
Explanation:
Indicate what impact the following transactions would have on the accounting equation, Assets = Liabilities + Equity. Transaction impact table Impact 1 Impact 2 Paid monthly note payment to bank Sold inventory on account Bought supplies, to be paid for next month Received cash from sales this month Paid for inventory purchased on account last month
Answer:
The impact of the transactions on the accounting equation, Assets = Liabilities + Equity, is as follows:
Paid monthly note payment to bank:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Bank Loan) decreases
Sold inventory on account:
Impact 1: Assets (Accounts Receivable) increases
Impact 2: Equity (Revenue) increases
Bought supplies, to be paid for next month:
Impact 1: Assets (Supplies) increases
Impact 2: Liabilities (Accounts Payable) increases
Received cash from sales this month:
Impact 1: Assets (Cash) increases
Impact 2: Equity (Revenue) increases
Paid for inventory purchased on account last month:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Accounts Payable) decreases
It is important to note that for each transaction, one side of the equation must increase and the other side must decrease in order to keep the equation in balance.
Explanation:
I will mark you as brainliest!
During the___step of the product development process a business will
likely have a fully functioning prototype of a new product.
A. product and promotion development
B. idea screening
C. post-launch review
D. business analysis
During the option B. idea screening step of the product development process a business will likely have a fully functioning prototype of a new product.
What function does a prototype serve in the creation of a product?New product development often starts with a concept study, then moves on to prototype development, actual productization, production, and post-sale support.
Prototypes are physical depictions of the various stages of development from the initial concept to the finished product. Every stage of the prototyping process provides useful information on how to produce a final design that will best serve the development project's ultimate objectives.
Note that By using prototypes, you can ensure that your final product is both safe and compliant with regulations in your sector. Cost-saving measures - Any alterations you make during the prototyping stage, whether to the product design, the materials used, or the production procedures, may enable you to reduce the price of the finished product.
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Answer: A: product and promotion development
Explanation:
The economic principle which states that the quantity of a good or service that consumers will buy varies inversely with the price of the good or service is known as the.
It is known as The law of Demand.
Demand law states that the quantity purchased varies inversely with price. In other words, when the price rises, the amount demanded drops. This occurs as a result of falling marginal utility.
Customers will desire fewer units of an item at a greater price, in accordance with the law of demand, which is a cornerstone of economics.
Demand is determined by the concept of decreasing marginal utility, which holds that consumers use economic goods to initially satisfy their most urgent needs.
These limitless needs are the focus of the law of demand. In their economic behavior, individuals naturally prioritize more urgent demands and requirements over less urgent ones, and this pattern extends to how they pick among the limited resources at their disposal.
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Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repalr operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour. a. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places. P 0 = t 2 = L= W G = hours W= haurs
the operational parameters for Kolkmeyer Manufacturing Company's single-employee repair operation: P0: The likelihood that there are no machines waiting to be repaired. t2: The typical length of time a machine waits to be repaired. L: The typical number of machines waiting to be repaired.
WG: The average amount of time (including both queue and service time) that a machine spends in the system.W: The amount of time on average that a machine waits in queue before being serviced. Using the M/M/1 queuing system formulas: P0 is equal to 1 minus (/), where / is the service rate and / is the arrival rate. t2 = P0 / (μ * (1 - P0)) L = λ * t2 WG = t2 + (1/μ) W = λ * WG Given: Arrival Each machine is clocked at a rate of () = 0.07 machines per hour. 0.6 machines per hour is the service rate. The arrival rate changes to 0.07 * 10 = 0.7 machines per hour due to the presence of ten machines. When these values are entered into the formulas: P0 = 1 - (0.7 / 0.6) ≈ 0.1667 t2 = 0.1667 / (0.6 * (1 - 0.1667)) ≈ 0.2381 L = 0.7 * 0.2381 ≈ 0.1667 WG = 0.2381 + (1 / 0.6) ≈ 2.9056 W = 0.7 * 2.9056 ≈ 2.0339 As a result, the single-employee repair operation's operational characteristics are as follows: P0 = 0.1667; t2 = 0.2381 0.1667 machines for L 2.9056 WG hours
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6. Responsible for the production of finished products:
O A. Manufacturer
B. Distributor
O C. Driver
O D. Seller
Answer:
The answer is A. Manufactuer
Explanation:
The manufacturer makes the item.
The manufacturer is responsible for the production of finished products. Thus, option A is appropriate.
A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to customers, retailers, wholesalers, distributors, or other manufacturers who can use them to make more complicated products.
A manufacturer is an individual or organization that converts raw materials into finished goods and sells them to customers using a variety of tools, machinery, and procedures.
One of the most important economic sectors is manufacturing. It creates products that people require to survive and provides for their comfort.
Thus, option A is appropriate.
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A Firm has the following cost and revenue functions:
TR = PQ = $4Q
TC = FC + VC = $3,000 + $3Q
The break-even level of output is:
The break-even level of output for the firm is 750 units (i.e., $3,000 ÷ $4). The break-even point is the level of output at which total revenue equals total cost or where profit is zero.
In other words, it is the level of production where the firm is not making a profit but is also not incurring a loss.
To find the break-even level of output, we need to set TR (total revenue) equal to TC (total cost) and solve for Q (quantity).
TR = PQ = $4Q
TC = FC + VC = $3,000 + $3Q
TR = TC
$4Q = $3,000 + $3Q
Solving for Q:
$4Q - $3Q = $3,000
$Q = $3,000
Therefore, the break-even level of output for the firm is 750 units (i.e., $3,000 ÷ $4).
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Krysta, who manages the is organization for her company, is continually striving to expand is services and capitalize on the latest technology developments to support her company's business plans through the coming months. her is organization is perceived as a _____.
Based on the goals of the IS organization that Krysta manages, it can be perceived as a business partner or peer.
What is a business partner or peer?This is a business established by a company to help it achieve its goals by engaging in alternative technological developments that will be beneficial to the parent company.
Krysta is managing an organization that helps her company to strive for more excellence which makes this a business partner.
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In response to the greatest financial crisis since the Great Depression of the 1930s, the ______ administration proposed to overhaul regulation and increase oversight of the financial system.
Answer:
In response to the greatest financial crisis since the Great Depression of the 1930s, the Obama administration proposed to overhaul regulation and increase oversight of the financial system.
Explanation:
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Please mark me as Brainlinieast.
years will be to the
On a timeline, a goal that will be achieved in
right of one that will be achieved in
years.
A. 16; 12
B. 8; 16
C. 12; 16
D. 8; 12
This question is a bit disorganized and incomplete; here is the complete and organized question:
On a timeline, a goal that will be achieved in _____ years will be to the right of one that will be achieved in _____ years
A. 16; 12
B. 8; 16
C. 12; 16
D. 8; 12
The correct answer is A. 16; 12
Explanation:
The purpose of a timeline is to represent a set of events during time by placing these on chronological order from left to right. This means in the case of goals, these will be organized from the goal that is closest in the future to the one that will take the most time. For example, if one of the goals is to buy a house in 10 years, this should be placed to the right of goals such as getting a degree in 2 years or buying a car in 3 years. Thus, a goal that takes 16 years should be placed to the right of a goal that takes 12 years in a timeline.
Answer: 14;10
Explanation:
A p e x
explain the importance of having a
business plan
It'll help you set your priorities, and your main focus on what you'll be doing or where you'll be going in the near future.