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Colin Way is age 40 today and plane to retire on his 65th birthday. With future inflation, Colin estimates that he will require around $2,000,000 at age 65 to ensure that he will have a comfortable life in retirement. He believes that he can contribute $3,000 at the end of each month, starting in one months' time and finishing on his 65th birthday.
i) If the fund to which he contributes earns 6% per annum, compounded monthly (after tax), how much will he have at age 65? Will he have achieved his targeted sum? What is the surplus or the shortfall?
ii) Using the fund balance, Colin then wishes to commence a monthly pension payable by the fund starting one month after his 65th birthday, and ending on his 85th birthday, after which he expects that the fund will be fully expended. If the fund continues to earn the above return of 6% per annum, compounded monthly, how much monthly pension will Colin receive, if the fund balance reduces to zero as planned after the last pension payment on his 85thbirthday?
Computer scientists and mathematicians often use numbering systems other than base 10. Write a program that allows a user to enter a number and a base and then prints out the digits of the number in the new base. Use a recursive function baseConve..
You may have seen business intelligence/ analytics application on Amazon.com (recommendation system suggesting customers who bought this also bought) and Netflix (movie recommendation).
Implement the ADT stack by using an array stack to contain its entries. Expand the array dynamically, as necessary. Maintain the stack's bottom entry in stack[stack.length - 1].
One of the great benefits of the Apache web server is its wide range of OS and platform support. Apache will run on any Unix-like OS (e.g. Linux, Unix, Mac, Solaris, and Berkeley Software Distribution (BSD) and most Windows OSs).
Internet Exercise: Professional Certification. Visit the website of the Institute of Internal Auditors ( www.theiia.org ), the Institute of Management.
Your game company recently released a new game. You want to find out more about those playing the game. You are interested in information about how much and why they play as well as in knowing more about their general demographics like gender, age, i..
• Perform any other needed data preparation required. This is an open-ended step and specific details will depend on the changes needed and software tools used.
Global Data Distribution
Continuing with the paper developed in Weeks One, Two, and Three, add an additional 2 to 3 pages (700 to 1,050 words) describing your plans for training employees and preparing them for system changeover. Include the following:
Investigate and illustrate ways of empowering a person using health and social services
The case study should show a relationship between the Christian values of Truett Cathy and how these Christian values influence the major operations decisions as described in Chapter 1 of the text: Process, Quality, Capacity and Inventory.
Please take a position on this: pro or con. Establish your thread with your position. You must give real live examples to back up your position. Make sure you participate in other student threads with reasoned responses and/or counter arguments. ..
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