Dream of exploring the world

Assignment Help Other Subject

Reference no: EM13815393

Sim suddenly inherited a sum of 1000000 when his parents died in a airplane crash,he currently earns 15 an hour and works approximately 5o hours a week for 52 weeks a year, he gets two weeks of paid vacation every year. the overtime wage is 150% of regular hourly wage.

He would like to get an equivalent income from his inheritance. He found he could invest money safely to get an interest of 5% per year for the rest of his life. Determine if he will be a financial position to quit his job and pursue his dream of exploring the world.

Reference no: EM13815393

Questions Cloud

What does the evidence tell us : What does the evidence tell us

Analyze the legal factors for the potential claim : Based upon the scenario, does the employee have a legally viable claim for quid pro quo sexual harassment and/or hostile environment sexual harassment? What is the likely outcome? Analyze the legal factors for the potential claim(s) in the context of..

Differences between therapy group and self-help groups : Differences between therapy group and self-help groups

What were the origins and meanings of fourteenth amendment : What were the origins and meanings of the Fourteenth Amendment of the 1860s? How did the Reconstruction "reconstruct" the nation for the Fourteenth Amendment?

Dream of exploring the world : Determine if he will be a financial position to quit his job and pursue his dream of exploring the world.

The trait model of personality : The Trait Model of Personality

How did womens roles in the american indian movement : How did women's roles in the American Indian Movement (AIM), the Chicano movement, and the civil rights movement provide empowerment for women?

How did mirta vidal bring attention to concern of individual : How did female leaders such as Mirta Vidal (Chicana), Sacheen Littlefeather (AIM), and Fannie Lou Hamer (Civil Rights) bring attention to the concerns of individuals of color?

What steps would you take to overcome barriers to new ideas : As the principal planner for the DRNC, what actions would you take to encourage new ideas from the front line officers in the Department that could further improve crowd control tactics? What steps would you take to overcome barriers to new ideas

User Account

All Pages