Answer:
he need to invest $13,241 each year to achieve his goal
Explanation:
Target Saving Amount = Future value = F = $1,500,000
Number of years = n = 30 years
Inyterest rate = r = 8% = 0.08
Invetment to be made = P = ?
Use following formula to calculate Invetment amount
F = P x ([1 + r]^n - 1 )/r
P = F / ([1 + r]^n - 1 )/r
P = 1,500,000 / ([1 + 0.08]^30 - 1 )/0.08
P = 1,500,000 / 113.2832
P = 13241.15
<u>Solution and Explanation:</u>
- When interest rate is 8%, opportunity cost is 800 dollar per year for 10000.
- When interest rate is 10%, opportunity cost is 1000dollar per year for 10000.
McQ ans is C I.e. Qunatity demand decreases as interest rate rises because Md=KPY-hi
It is to kept in mind that with the change in the quantity that is being demanded may fluctuate with the change in the interest rate. The relationship between the price and demand goes hand in hand.
174=(1+455)c
c=174/456
c=0,3815789474
Answer:
The correct answer here would be Cohesiveness.
Explanation:
Path goal theory is a type of motivational theory, which tells about how leaders can motivate their subordinates in accomplishing the designated goals. Here directive leadership will help in increasing employees satisfaction when there is cohesiveness with in a work group. Cohesion in the group means that people in the group are working in unity and works towards achieving the goals and also satisfying emotional needs of group members.