Answer: $337,869.73
Explanation:
Find out the future value of $1,000 given an interest rate of 7.1%. If this amount is less than the future value of $210,000, the difference is added to the final payment to come up with the balloon payment.
The APR needs to be made periodic:
= 7.1% / 12
The $1,000 payment is an annuity so this can be calculated as:
= Annuity * ( ( 1 + rate) ^ number of periods - 1) / rate
= 1,000 * ( ( 1 + 7.1/ 12%) ²⁴⁰ - 1) / 7.1/12%
= $527,297.83
Future value of $210,000
= 210,000 * ( 1 + 7.1/ 12%) ²⁴⁰
= $865,167.56
Balloon payment will be:
= 865,167.56 - 527,297.83
= $337,869.73
Answer:
The automotive company has run into bribery and corruption, one of the most common ethical challenges businesses faced today as they expand internationally.
Explanation:
As with the given scenario above, this company had three potential countries in which to expand their business of building a factory. These countries asked for an amount of extra kickbacks in exchange for helping the company run their business with ease.
However, in the business world, <em>kickbacks</em> are considered an illegal form of payment (or bribe) that one may gave as a compensation to an individual or organization with a considerable superiority and great influence in exchange for an improper advantageous treatment or service.
Such misappropriation of money violates the state or federal laws, which makes it a form of corruption.
Now, the automotive company from the given scenario had faced a dilemma whether to accept the bribe or not. It's a challenge for them as their decision might positively or negatively affect their business expansion.
Answer:
The transformational leaders are bureaucratic and charismatic are people oriented in nature.
Explanation:
- The charismatic leaders are also called as the transformational leaders and shares various things.
- Charismatic leaders make their status better and transformational leaders focus on the transformation of the organization's vision. The main difference is the focus and the audience.
- The charismatic leaders are committed and have engaging personalities like martin Luther king as his speeches were often more tangible than other leaders and used to have a huge influence on the people he met.
- The charismatic leaders are more emotionally attached to their audience. They work towards an emphasis on the greater good. More people-oriented.
Here, public savings = $1.05 billion and private savings = $3.15 billion
It is calculated as follows:
Total savings, S = $4.20 billion
We know: S = V+U
It means National Savings = Private savings + Public savings
Here:
V = private savings , U = public savings and
Private saving, V = 0.75 × S
= 0.75 × $4.20 billion
= $3.15 billion
And, the public savings will be = National savings - private savings
= $4.20 billion - $3.15 billion
= $1.05 billion
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A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.
- systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.
- This could be in Tech. industry such as in software and others.
Therefore, systems analyst is correct.
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