Answer:
Annual deposit= $8,896.79
Explanation:
Giving the following information:
You believe you will spend $47,000 a year for 13 years once you retire in 26 years.
The interest rate is 7% per year.
<u>First, we need to calculate the total amount required:</u>
FV= 47,000*13= $611,000
<u>Now, using the following formula, we can determine the annual deposit:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (611,000*0.07) / [(1.07^26) - 1]
A= $8,896.79
It can be best said that Mike is now seeking a job that not only pays well, but also offers intrinsic rewards, in the form of job satisfaction and a sense of accomplishment.
Good compensation is a form of extrinsic rewards, alongside status. Intrinsic rewards are things that you find pleasing because it is satisfying to you, not because you think it would gain you respect or other people’s acceptance.
Answer: The hourly wage will be higher in occupation B.
Explanation:
From the information given in the question, workers in occupations A and B possess the same skills and abilities as work for the same number of hours. The difference between both occupations is that there is stability of employment for workers in occupation A while there are seasonal layoffs in occupation B.
Due to the seasonal changes in occupation B, the hourly wage will be higher in occupation B. Workers in occupation B need to be compensated in order to overcome the layoffs and uncertainties.
Answer: LinkedIn Showcase Pages
Explanation: In simple words, showcase pages refers to the added feature which extends the traditional linked in page of the users. By using this feature customers of linked in can spotlight brand ,business unit or an initiative.
This feature was introduced for the niche audience of the website to create a memorable experience for them as they will be able to share their unique content.
This feature wide's the approach of the users as a showcase user can also tag companies and individuals in a showcase page to get their attention.