Answer:
$2,080 is the correct answer to the given question .
Explanation:
As mention in the question the deposited amount of $2000 was in the year the July, 1, 1999 up to the on the January 1, 2000 it means it takes 1/2 year or 6 months.
Time-weighted rate of the return in the year 1999 is the 8.0%
however it has been spent for the six months, it means the 4% in the 6 month
So the cost of the fund before the investment can be determined by
= 
= $2080
Therefore the balance of the fund on the year July 1, 1999= $2080
Answer:
<u>C) cross-functional</u>
Explanation:
- Aa per the teams that are made up of the different department of work the cross-functional team will be one that is most likely to be from the same hierarchy level of a flat organization but shows a mix of the finance, IT, human resource and telecom, etc, working towards a common goal.
- Have a high level of groupthink and periodicity and have a greater depth of information and work in a collaborated form may use, multiple channels
Answer:
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This is your answer
Answer:
Having invested $ 300 per month for the past 8 years, the total accumulated investment amount would be $ 28,800 (8 x 12 x 300). Now, having a total amount of $ 43,262, we find an increase of $ 14,462, which corresponds to the interest accumulated during said period. To know the percentage of the increase, we must perform a cross multiplication:
28,800 = 100
14,462 = X
(14,462 x 100) / 28,800 = X
1,446,200 / 28,800 = X
50.21 = X
As we can see, the investment had an increase of 50.21% during these 8 years. Now, the average increase in investment arises from the division of the total percentage of increase by the number of years. So, given that 50.21 / 8 = 6.27, the average annual return rate of this investment is 6.27%.