<span>The operator of a vessel involved in an accident must submit a written report to the Alabama Marine Police Division if as a result of the accident there is damage to the vessel and other property that exceeds the amount of 2000 dollars.</span>
<span>The average compound return earned per year over a multi-year period is called the geometric average return.
The geometric average return allows those who want an average compound return over many years to see their return. The arithmetic average return allows those who aren't taking an average compound return but just an average earned to see their return estimate. </span>
Answer: $1,626
Explanation:
A Mortgage payment is a type of annuity so the Present Value of an Annuity formula can be used to calculate this.
The Period is 12 months so adjustments need to be made to the interest rate and the period.
Period.
= 25 years * 12 months
= 300
Interest Rate
= 5.89/12
= 0.4908%
Present Value of the Annuity is the mortgage amount of $255,000
Present Value of Annuity is,
P = PMT ( 1 - ( 1 + r)^-n) / r
Where,
P = Present Value
PMT = payment per period
r = Interest rate
n= no. of periods
255,000 = PMT ( 1 - (1+0.4908%)^-³⁰⁰) / 0.4908%
255,000 = 156.8456 PMT
PMT = 255,000/156.8456
= $1,625.80
= <u>$1,626</u>
This doesn't seem to be a question, but rather, a statement.
Answer:
Organising
Explanation:
Organising is defined is the process of sharing responsibility based on sections and departments. It is also establishment of relationship among between the people involved in a project so that efficiency is ensured.
In this scenario where Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he is performing organising function by allocating resources in the organisation.
