Annie Laerz wants to invest $10,000 on January 1, 2014, so that she may withdraw 10 annual payments of equal amounts beginning January 1, 2029. If the fund earns 10% annual interest over its life, what will be the amount of each of the withdrawals?
A) $10,000
B) $14,709
C) $16,181
D) $28,402
Answer: C
Business
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In order to form a binding agreement, an offer or counteroffer:
a. needs to be accepted in its entirety and without conditions. b. needs to be accepted with minor changes in conditions. c. may be accepted with minor changes if both parties agree to address the conditions within 15 business days. d. must contain a provision that specifies which state law controls the transaction.
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Researchers agree that there are various levels of commitment to an attitude. The highest level of involvement is ________
A) internalization B) identification C) compliance D) actualization
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