Answer:
The final value of the investment after 3 years is $7,146.10
Explanation:
Giving the following information:
Investment= $6,000
Interest rate= 6% compounded annually
The number of years= 3 years.
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 6,000*(1.06^3)
FV= $7,146.10
The final value of the investment after 3 years is $7,146.10
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In the presentation stage of the sales process, a salesperson describes a person's features and relates them to the customer's needs.
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Answer:
b. Be honest and provide the important reasons for the increase in individual contributions.
Explanation:
if the workers are knowing why they need to work more than they will ac tually do efforts to do the best. they wont ask question everytime manager comes in front of the workers.
Therefore, Corbin should be honest and provide the important reasons for the increase in individual contributions.
Answer:
I would need to invest 672,097.26 at 10.7% annual rate
If rate drops by half then the investment will be for 819,815.38
Explanation:
We are asked to to an invesmtent today to yield 1,000,000 in 40 years.
Notice this will be a lump sum not an annuity as this will be just one investment.
Amount 1,000,000.00
time 0.11
rate 40.00000
Principal at 10.7% 672,097.26
Principal at 5.35% 819,815.38
Answer:
The correct answer is II. Deciding between Singapore, London or Buffalo as the location for the construction of a new manufacturing facility.
Explanation:
Strategic Planning is a management tool that allows you to establish the task and the path that organizations must travel to achieve the planned goals, taking into account the changes and demands that their environment imposes. In this sense, it is a fundamental tool for decision making within any organization. Thus, Strategic Planning is an exercise in the formulation and establishment of objectives and, especially, in the action plans that will lead to achieving these objectives.