<span>People and information systems are resources that can be assigned to roles in a business process.
A resource is something you can use for something else. In an organization </span>the people and the systems you have are all resources that have come together to build and run a successful organization. Without these people and systems given tasks and roles to complete, the business would not function.
1.A realistic situation in which can cause someone to use money from a financial reserve is to payoff a medical bill. Another situation would be if say, you had to pick up and move. You would need enough money to not only purchase your residence, but also movers, necessities, and they deposit.
2. The financial reserve should have enough money to last a at least 6 months. There should definitely be enough money to purchase food and necessities. Depending on how big your family is and how much you spend affects the duration of the amount of funds. Also what you choose to spend your money on is a big key factor.
3. I would rather have a compound interest when it comes to a savings account.An account with simple interest will take money from you, rather than save it. When it comes to putting money into an account that offers interest, you want to get the highest interest rate possible, so that your money grows as fast as possible. A compound interest will “compact” your money as much as possible, saving you more.
In economics, the Fisher equation is used to determine the
relationship of the nominal interest rate and the real interest rate. This
equation takes into account the effect of inflation. Mathematically this is
expressed as:
Real rate = 
-1
The values given are:
Nominal rate= 10% =
0.1
Inflation=5%=0.05
Substituting known
values and by calculation:
<span>Real rate=0.0476 =
4.76%</span>
Answer:
$819.98
Explanation:
After making downpayment, the remaining amount is $145,000 - 15000 = $130,000
Using financial calculator:
PV = 130,000
n = 30 years = 360 months
i/r = 6.5%/year = 0.54% / month
FV = 0
PMT = ? (Monthly payment = ?)
--> Monthly payment = $819.98
A.)
The country's trend rate of growth over this period was 4.2% = (2+3+3+4+4% 1+5<span>% </span><span>2+6 +2+7+3+8+4+9+6+10+3/18)
b.)6-9 due to positive and increase.</span>
