Answer:
The lump sum payment = $23,585.49
Explanation:
The winning lottery is an example of an advanced annuity. <em>An advanced annuity is a series of cash flows that occurs for a certain number of years with the first cash flow occurring now.</em>
The first cash flow is represents one out of the five, so the balance is a four-year annuity.
So we can work out the present value of the annuity for the last four years as follows:
PV = (1 - (1+r)^(-n)/r ) × Annual cash flow
r = 3%=0.03, n = 4, Annual cash flow = 5000
PV = (1- ((1+0.03)^(-4))/0.03) × 5,000
= 3.7170 × 5,000
=$ 18,585.49
The lump sum payment = PV of the first payment + PV of the four year annuity
The lump sum payment = $5000 + $ 18,585.49
= $23,585.49
Answer: B. Operational planning
Explanation: Blair, the production line supervisor engaged in
" operational planning " activities by creating specific employee work assignments and production schedules for coming weeks.
Operational planning is an activity of preparing plans by a unit in an organization, the plans are meant to state clearly the action and work plan the organization will take to achieve its goals and objectives which is set by management.
Answer:
The GDP of the island is 1,350 clam shells.
Explanation:
George and John produce fish, boars, and bananas in their two-person economy. Fish sell for 1 clamshell each, boars sell for 10 clamshells each, and bananas go for 5 clamshells per bunch.
In this economy, the GDP will be the value of final goods and services produced. Intermediate goods will not be included.
Digging bait for fishing and the purchase of banana trees will not be included in the GDP.
The GDP of the island in terms of clamshells will be
= 
= 300 + 50 + 1,000
= 1,350 clam shells
It has a microchip built into it that you would insert into a machine instead of swiping it.
Answer:
B) Breakthrough project
Explanation:
The development of a liquid that when poured on the ground reduces the time it takes for the backhoe to dig a ditch is an enormous advancement for the business line, and could start a new series of similar products with the aim of reducing even more the time require. Therefore, it has the necessary characteristics to qualify as a breakthrough project.
