Answer:
¥192/€1.00
Explanation:
In order to determine the cross rate, we need a formula such that the dollar sign in one exchange rate cancels the other dollar sign in the second exchange such that we are left with both Yen and the Euro as shown by the formula below:
S(€/¥) = S($/¥) / S($/€)
S($/¥) =$1/¥120
S($/€)=$1.60/ €1.00
S(€/¥) =($1/¥120)/($1.60/ €1.00)
if we change the division to multiplication we would have the below
S(€/¥) =$1/¥120*€1.00/$1.60
S(€/¥) =€0.005208333
This means that €0.005208333
=1¥
1¥/ €0.005208333=¥192
Answer:
$1,067,477.62
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
PV of annuity = $100,000 x [ ( 1- ( 1+ 8% )^-5 ) / 8% ]
PV of annuity = $1,067,477.62
According to my calculations, in order to be able to withdraw $100,000 from an annuity earning 8% at the end of each of the next 25 years, the amount you would need to deposit now would be $1,067,477.62.
Answer:
Cognitive dissonance
Explanation:
Cognitive dissonance is a psychological notion when an individual experiences thoughts and emotions that are not consistent (no matter the environment). In this example, it was expected from Fatima to quit her job (since she hated the manager). In spite of that, she continued to work. That caused the cognitive dissonance in her behavior, as she changed her attitude.
Answer:
Universality of management
Explanation:
As the name suggest the management is universal that means the same technique, same procedure, policies, rules, regulations, etc are applicable in all level of the organizations i.e top, middle and lower level of management plus it also applies on the various size of the organizations and the working locations so that the efficiency and effectiveness of the task or work could be done in a smooth manner
Hello there!
Answer:
7.43%
Explanation:
To find the market rate of return on the Dayton repair stock, we would need to use it's selling price, expected pay, and the 2.15%.
Lets solve:
First, we divide 2.28 by 43.19.
2.28 ÷ 43.19 = 0.0527899976846492
Now we add the 2.15%. In order for us to add it, we would need to move the decimal places two times to the left. We would add 0.0215 to 0.0527899976846492.
0.0527899976846492 + 0.0215 = 0.0742899976846492
Now we would need to move the decimal places over, and round to the nearest hundredths.
7.428
The 8 would round and change the 2 into a 3
7.43.
The market rate of return for the stock would be 7.43%