1 what is the formula for break even analysis and why is, Ask an Expert

Finance

1. What is the formula for Break Even Analysis and why is this analysis vital for any business?

2. A property will provide $7,020 at the end of each year forever. If its value is $117,000, what must be the discount rate? (Enter your answers as a percent rounded to 2 decimal places.)

3. You believe you will need to have saved $400,000 by the time you retire in 40 years in order to live comfortably. If the interest rate is 5% per year, how much must you save each year to meet your retirement goal? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92820294

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