Answer:
It will be new financial capital of West Africa with a dedicated 700,000 square meter business district and offering businesses the advantages of operating in a designated Free Zone. Residents and businesses have already begun moving into two completed towers. Hope thats what u ment!
If you begin investing at age 45 instead of age 40, how much more do you need to invest per month to have $1M at retirement?
Answer:
There are three extremely important elements when it comes to investing your money: the amount you contribute each month, the rate of return and how long you have to reach your goal. Keeping this in mind can help you invest your way to financial independence, regardless of how that looks for you — even if it means having $1 million.
Select previously asked Brian Stivers, a Financial Advisor and Founder of Stivers Financial Services, to help us calculate how much money 40-year-olds should invest each month to have $1 million by age 65. He also crunched the numbers to help us figure out how much people would have to contribute each month to become a millionaire if they waited just five years after turning 40 to invest. Here's what we found:
How much a 45-year-old needs to invest to become a millionaire
When making calculations, Stivers accounted for three different return rates: 3% (a conservative portfolio of mostly bonds), 6% (a combination of stocks and bonds) and 9% (a portfolio that's stock-heavy or contains index or mutual funds yielding around 9% on average). And, he used a retirement age of 65, which would give 45-year-olds just 20 years to save. Here's how much 45-year-olds would need to invest each month to become a millionaire by the traditional retirement age:
If making investments that yield a 3% yearly return, a 45-year-old would have to invest $3,100 per month to reach $1 million by age 65.
If they instead contribute to investments that give a 6% yearly return, they would have to invest $2,200 per month for 20 years to end up with $1 million.
But if they choose investments that yield a 9% yearly return, which is comparably more aggressive, they would need to invest $1,600 per month for 20 years to reach $1 million.
If you were to start investing for a 9% yearly return just five years earlier at age 40, you would need to contribute $950 per month to reach $1 million by age 65. That means contributing $650 less per month than you'd have to contribute if you wait until age 45.
The earlier you start investing the less money you have to contribute to your investments to reach $1 million. This is because compound interest is most powerful when it has a longer amount of time to grow your money.
Depending on your circumstances, making such aggressive contributions may feel like a squeeze. Especially since as you get older you may take on expenses that you didn't have when you were younger, like raising a child, caring for aging parents, making life insurance payments, or even paying tuition for children who are ready to head to college.
All these costs can make it difficult to simultaneously make aggressive contributions to your investments. However, keep in mind that even making smaller contributions can grow and potentially have a profound impact on your financial situation over time. Starting with something is more impactful and puts you in a better position than if you were to not invest at all.
So even if you can't afford to invest $1,600 a month, the sooner you start investing what you can, the more time compound interest has to work its magic.
If you're very new to investing or your income varies so you don't know how much you can comfortably afford to invest, you might consider an app like Acorns, which allows users to invest the "spare change" they accrue from making everyday purchases like coffee, textbooks and clothing. In other words, you're investing using the change from purchases you were going to have to make anyway.
And if you have some money to invest but can't afford a full share of the companies you're interested in, other apps like Robinhood allow you to invest in fractional shares. A fractional share is a portion of a stock's share based on the amount of money you want to invest rather than the number of shares you want to purchase — with as little as $1. This way, you can still get some skin in the game.
But if you're more comfortable with a hands-off approach, some apps, like Wealthfront and Betterment, use robo-advisors to help you determine which investments make sense for you based on your risk tolerance, goals and retirement date. Robo-advisors also take on the task of automatically rebalancing your portfolio as you get closer to the target date for your goals (be it retirement or buying a house). This way, you don't have to worry about adjusting the allocation yourself.
It's also important to note that when investing in stocks, you shouldn't just throw your money at random individual stocks. A tried and true strategy is to invest in index funds or ETFs that track the stock market as a whole, like the S&P 500. According to Investopedia, the S&P 500 has historically returned an average of 10% to 11% annually, so you might expect a fund tracking this index to produce similar returns. Also note that past returns do not guarantee future success.
Describe the most significant restriction on access to potable water around the world.
Potable Water is tested and treated industrially. Thus, Potable Water is expensive. Therefore, Access to potable water is very limited by money.
What is potable water?Potable water is the water, that is tested and safe for drinking and cooking arrangements. Water is tested and treated industrially.
Thus, Potable water is expensive.
Therefore, Access to Potable water is very limited by money.
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Answer:
The most significant restriction on access to potable water around the world is due to money. Because it takes so much money to clean water and add chemicals, the process becomes very expensive, leading to a little amount of water being shipped out for people to use.
Explanation: This is correct :)
Which are considered two of the special properties that are used to identify certain minerals?.
Answer:
hardness and luster.
Explanation:
Where does the heat come from for geothermal energy?.
Answer:
That depends on the basic principles of the sun rising every day and generating some degree of heat. When the sun sets, that heat source disappears. That concept is easy to understand because you can see the process.
Explanation:
why are wetlands important
Answer:
Wetlands, far from being useless, disease-ridden areas, give benefits that no other ecosystem can match. Natural water quality improvement, flood protection, coastline erosion prevention, recreational and aesthetic opportunities, and free natural products are just a few of them.
Answer:
Wetlands are far from being useless.
Explanation:
Wetland are important because if it wasn't for wetlands we wouldn't have water to drink, water to cool off with, and wetland helps use grow plant's so we can eat and breath.
What scientist presented the theory of continental drift?.
Answer:
Alfred Wegener, mainly
Explanation:
The theory of continental drift is most associated with the scientist Alfred Wegener. In the early 20th century, Wegener published a paper explaining his theory that the continental landmasses were “drifting” across the Earth, sometimes plowing through oceans and into each other. He called this movement continental drift.
7. Piloting a ship by moonlight is most difficult during
which phase?
a. First quarter moon
b. Full moon
c. Third quarter moon
d. New moon
Answer:
D. New moon
Explanation:
It is most difficult during the New Moon as there is no moonlight.
How is groundwater replenished? a. precipitation b. streams c. rivers d. all of the above please select the best answer from the choices provided a b c d
The groundwater replenished by the precipitation, streams, and rivers. Option D is correct.
What is groundwater replenished?The technique by which surface water travels from the covering land surface into the groundwater basement is known as groundwater recharge (or replenishment).
Surface water can be replenished by flowing through the dirt and groundwater, or by injecting water rapidly into the groundwater through wellheads.
This process of recharge is getting done by precipitation, streams, and rivers
Therefore, option D is correct.
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What scientist presented the theory of continental drift?.
Answer: ...
Explanation:
Answer: Alfred Wegener.
Explanation: He actually made a theory of continental drift and is most associated with the scientist.
The water in Blood Falls cascades over a glacier before reaching Lake Bonney. Why does the water not freeze as it passes across the glacier
Since the water have an unusual salty consistency, its have a lower freezing point, thus, made its not to freeze as it passes across the glacier.
What is the water in Blood Falls cascades?These are water from the subglacial lake seeps that goes through some fissure in the glacier.
The salty water also moved down the Taylor Glacier into Lake Bonney
However, as the water have an unusual salty consistency, its have a lower freezing point that made its not to freeze as it passes across the glacier.
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Which of the following does not affect a population's size? a. birth rate c. death rate b. exchange rate d. migration rate please select the best answer from the choices provided a b c d
Answer:
B.) Exchange Rate
Explanation:
A.) is incorrect because birth rate affects population size. If all other factors are the same, a higher birth rate will increase a population size because more individuals are being introduced into a population. A lower birth rate usually results in the decrease of a population size.
B.) is correct because exchange rate does not affect population size. The rate of exchange between countries has little to no impact on how many individuals live in a particular area.
C.) is incorrect because death rate affects population size. If a death rate is high enough, it can decrease a populaton size. If the death rate is low, fewer individuals are being removed from a polulation, thus keeping the population size relatively stable or increasing (usually).
D.) is incorrect because migration rate affects population size. If the migration rate leans towards more emmigration, more individuals are leaving a population than coming in, thus causing a decrease in the population size. Should a population have have high rates of immigration, the population size usually increases with the influx of individuals.
All of the wrong choices directly describe the flow of individuals in or out of a population. While the correct choice can indirectly affect population size, it is the least significant.
Answer:
B. exchange rate
Explanation:
I just did it
Which of the following are the two primary gasses found in the Earth's atmosphere?
A.
nitrogen and oxygen
B.
nitrogen and carbon
C.
hydrogen and carbon
D.
carbon and helium
Answer: A) nitrogen and oxygen
Explanation:
Together they actually make 99% of the Earth's air.
How climate influence the type of hill found in a region
Answer:
How do mountains affect temperature? The temperature gets colder the higher up the mountain you go. This is because as the altitude increases, the air becomes thinner and is less able to absorb and retain heat. The cooler the temperature the less evaporation there is, so there is more moisture in the air too.
Explanation:
hope this helps
Most often cited as the causative factor for acid deposition.
Answer: Sulfur dioxide
4: How did World War I impact the growth of Authoritarian
Answer:
They were small new countries without capitol t develop industry.
Explanation:
Authoritarian states rose in Eastern Europe because they were small new countries without capitol t develop industry. Haves and Have-nots and most did not have experience with democracy.
Find the distance between the points (-6,-4) and (-6,18)??
As per the given units, the distance between the points (-6, -4) and (-6, 18) is 22 units.
What is distance formula?The distance formula is a mathematical formula used to find the distance between two points in a two- or three-dimensional coordinate system.
To find the distance between two points, we can use the distance formula:
d = √[(x2 - x1)² + (y2 - y1)²]
where (x1, y1) and (x2, y2) are the coordinates of the two points, and d is the distance between them.
In this case, the two points are (-6, -4) and (-6, 18). So we have:
x1 = -6
y1 = -4
x2 = -6
y2 = 18
Plugging these values into the distance formula, we get:
d = √[(-6 - (-6))² + (18 - (-4))²]
= √[0² + 22²]
= √484
= 22
Therefore, the distance between the points (-6, -4) and (-6, 18) is 22 units.
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what is the relationship between gdp and the hdi??
Answer:
HDI and GDP have a negative relationship in the long term while poverty rate and GDP has a positive relationship with the GDP. Meanwhile in the short term, HDI and GDP have no
Explanation:
What does the national park service manage? memorials wildlife refuges ecosystems endangered species
Answer: ecosystems
Explanation: I took the test on edge 2022.
P.S can you please give me the brainiest?
The national park service manages the ecosystems. The correct option is d.
What are ecosystems?Ecosystems are a geographic area where plants, animals, and other organisms, as well as weather and landscape, work together to form a bubble of life. Ecosystems contain biotic or living, parts, as well as abiotic factors, or nonliving parts. Biotic factors include plants, animals, and other organisms. Abiotic factors include rocks, temperature, and humidity.
Every factor in an ecosystem depends on every other factor, either directly or indirectly. A change in the temperature of an ecosystem will often affect what plants will grow there, for instance. Animals that depend on plants for food and shelter will have to adapt to the changes, move to another ecosystem, or perish. Ecosystems can be very large or very small. Tide pools, the ponds left by the ocean as the tide goes out, are complete, tiny ecosystems.
Tide pools contain seaweed, a kind of algae, which uses photosynthesis to create food.
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an engineer has been asked to give advice about a wave pool at a local water park. The park guest thinks that the waves in the pool are too close together. The engineer knows that the wave speed in the pool is constant. Explain why the engineer suggests reducing the frequency of the wave generator.
By reducing the frequency of the wave generator, the waves mimic the waves that are generated by natural water bodies that are under the influence of a current.
What is a wave generator?A wave generator is a device that is used to create artificial waves in an artificial pool of water.
The higher the frequency of the waves the faster and close the waves appear in proximity to one another.
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The economy of Romania suffered in the 1990s because of
Answer:
Ineffective government.
Explanation:
In Romania, the communist government was still in power. The reforms and oppositions destabalized the nation.
.
.
.
For a more in-depth explanation check out: brainly.com/question/6245941 Same question, expert-verified answer
What type of plate boundary is the rocky mountains.
Answer:
continental convergences subduction zones
Explanation:
Geologists call such oceanic-continental convergences subduction zones; the plate that possesses oceanic crust is denser than the continental plate, so it dives, or subducts, deep into Earth's mantle (the layer below the Earth's crust).
Greyfields are __________ in decaying suburbs.
Answer:
Vacant commercial spaces and empty shopping malls
Explanation:
what is shifting cultivate
Answer:
A technique of rotational farming in which land is cleared for cultivation ( normally by fire ) and then left to regenerate after a few years
[tex] \huge \mathfrak \orange{HeY \: ThErE♧}[/tex]
Shifting cultivation is called Jhum cultivation. This cultivation is mainly practised in hilly areas. In this cultivation first the land of trees and other vegetation is cleared, burned and then cultivated for a limited number of years.[tex] \mathfrak \orange{HoPe \: It \: HeLpS♡}[/tex]
Hey can you please help me do this please
Answer:
It showed "spokes" forming in saturn's rings
How have Mayan markets adapted to the modern world? *
O A. Food stalls are all together.
O B. Markets are on Sunday.
O C. Weavers offer old designs.
O D. Money has replaced barter
What is the answer
Answer:
O D. Money has replaced barter
Explanation:
Use money instead of barter (trade) and they meet the needs of tourists.
2. Which is not an example of diffusion?
Answer:
Transmission of water into cells
Explanation:
Hope this helps:)....if not then sorry for wasting your time and may God bless you:)
The Northeast Corridor of the United States, an area covering some 450 miles from north of Boston to south of Washington, D.C., has 56 million people. Why is this area referred to as a conurbation
Answer:
It is an agglomeration of towns and cities into an unbroken urban environment.
Explanation:
1. How did Japan's shogunate enforce its military rule?
Answer:
The shogunate appointed its own military governors, or shugo, as heads of each province and named stewards to supervise the individual estates into which the provinces had been divided, thus establishing an effective national network.
Explanation:
From 1192 to 1867, the shogunate, also known as the Japanese bakufu or shgunshoku, was the government of Japan's shogun, or hereditary military ruler. The name shogun appeared in numerous titles granted to military commanders commissioned by the imperial government to fight the Ezo (Emishi) tribes of northern Japan in the 8th and 9th centuries. Sakanoue Tamuramaro was the first to achieve the highest warrior rank, seii taishgun ("barbarian-quelling generalissimo"), and the title (abbreviated as shogun) was eventually applied to all shogunate leaders.
Question 12 of 15
Population density in North America is greatest:
O A. in the northeast from Newfoundland to Florida:
O B. around the Great Lakes and both coasts.
O c. along the east coast.
O D. near the Pacific coast and around the Great Lakes.
Answer:
the answer is d. around the great lake and both coast
Explanation:
Three people hiked to the top of the hill represented by the following topographic map. Each hiker started at the same elevation but at different locations around the hill.
8. which elevation ( in feet ) did each hiker begin their hike?
9. which hiker would have the easiest hike up the hill?
10: what was the total change in elevation for hiker A once he reached the top of the hill?
Based on the map given, the following are true:
Each hiker began at 180 feet. The hiker with the easiest path was Hiker C. The total change in elevation was 84 meters. What does the map show?Hikers A, B, and C all started at the contour line denoting 180 feet so they all started at a height of 180 feet.
Hiker C had the easiest path up the hill because the spacing of the contour lines shows that their path was not as steep as the paths taken by Hikers A and B.
The change in elevation for Hiker A is:
= Height of mountain - Original height
= 264 - 180
= 84 meters
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