If You Wish to Have $25,000 in Five Years,how Much

question 159

Short Answer

If you wish to have $25,000 in five years,how much must you deposit today if you will earn 12% compounded annually on your investment?

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Definitions:

Transitional Supply

The interim or temporary provision of resources or services to an organization during periods of change or development.

Skills Gap

A discrepancy between the skills that employers want or need and the skills that their workforce currently possesses.

Labour Market Demand

The total demand for workers in a particular market, as determined by employers' needs for employees to perform certain jobs.

Human Capital

The competencies, insights, and background that an individual or community has, seen from the perspective of their financial or valuable contribution to a corporation.