Answer:
Yes, her decision was correct because of Net present value rule.
Explanation:
the net present value (NPV) applies to a series of cash flows occurring at different times.
The present value of a cash flow depends on the interval of time between now and the cash flow. It also depends on the discount rate. NPV accounts for the time value of money. It provides a method for evaluating and comparing capital projects or financial products with cash flows spread over time, as in loans, investments, payouts from insurance contracts plus many other applications.
Time value of money dictates that time affects the value of cash flows.
Answer:
The correct answer is The president.
Explanation:
Bureaucracy is the organization or structure that is characterized by centralized and decentralized procedures, division of responsibilities, specialization of work, hierarchy and impersonal relations.1 The term is used in sociology, administrative science and, especially, in the public administration. It could be defined as a set of techniques or methodologies arranged to learn or rationalize the external reality (to which it intends to control the central power) in order to know and call it in a standardized or uniform way.2 A clear example of this characteristic of bureaucracies , particularly those of government, is the hiring and assignment or removal of personnel, that is, officials, according to explicit criteria and relevant to the performance of duties.
If she is making $3,000 for the whole summer and her rate is $1,000, than the monthly income is $1,000.
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