Louie just got a big raise and wants to begin investing his excess cash flow. If he invests $7,500 per year for the next 30 years, and earns 5% on his investments, how much money will he have when he is nearing retirement?
A) $385,567
B) $500,000
C) $498,291
D) $$265,987
Answer: C
Business
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An expatriate manager refers to:
A. a citizen of one country who is working abroad in one of the firm's subsidiaries. B. a parent-country national who works in the parent country. C. a host-country national who works in the host country. D. any person who lives in a foreign country. E. a person willing to work in different departments of a foreign firm.
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