After Graduation,you Plan to Work for Dynamo Corporation for 12

question 104

Multiple Choice

After graduation,you plan to work for Dynamo Corporation for 12 years and then start your own business.You expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12) .The first deposit will be made a year from today.In addition,your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0) .If the account earns 9% compounded annually,how much will you have when you start your business 12 years from now?

• A) $236,125
• B) $319,814
• C) $298,892
• D) $295,903
• E) $289,925

---

Definitions:

Historical Company Staffing Trends

The analysis of how an organization's staffing policies and numbers have changed over time to understand past practices and predict future needs.

Structural Equation Modelling Analysis

A statistical approach to test the relationships between multiple variables and constructs.

Regression Analysis

A statistical method used for estimating the relationships among variables, often to identify the extent to which independent variables affect a dependent variable.

Time Series Model Analysis

A statistical technique that analyzes a sequence of data points, typically measured over successive time intervals, to forecast future values based on past patterns.