First use the formula of the future value of an annuity ordinary to find the yearly payments
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value 40000
PMT yearly payment?
R interest rate 0.02
N time 8 years
Solve the formula for PMT
PMT=Fv÷[(1+r)^(n)-1)÷r]
PMT=40,000÷(((1+0.02)^(8)−1)
÷(0.02))
=4,660.39
Now use the formula of the present value of an annuity ordinary to find the present value
Pv=pmt [(1-(1+r)^(-n))÷r]
PV present value?
PMT yearly payments 4660.39
R interest rate 0.02
N time 8 years
Pv=4,660.39×((1−(1+0.02)^(−8))÷(0.02))
pv=34,139.60. ....answer
Answer:
Principals that manage an llc owe its members the duty of care.
Explanation:
The duty of care is a legal responsability that the manager has to be careful when performing any action that can cause damage to the members of an LLC. When the manager is not reasonably careful and cause any harm, it be considered negligence and this can have serious legal implications.
Answer:
Customers walking into the fast-food restaurants and joining the shortest queues for food, or selecting a queue from lines of equal length, instead of choosing to wait in longer queues to purchase food.
Explanation:
Answer:
Yes. Firms that sell products that depend partly on demographic factors are more likely to be affected by business cycle.
Explanation:
Businesses whose demand depend partly in demographic factors (population based on race, sex, age, etc) such as homebuilders are affected by business cycles/seasons.
Demand for new houses can depend on some business seasons. A family that wants to move to a new location will consider age of the kids, parents before moving to a volatile neighborhood. Older people tend to prefer quieter areas, while younger people may prefer a more lively place to meet new friends.
Members of a race might want a new house because the vicinity is within a community of people of same race or social disposition.
The HR functions that Brian Miller should prioritize are : 1. Human Resource Planning - The first thing that Miller has to do is identify the workforce requirement then plan how he is going to hire new talent to the company
<h3>What is
workforce requirement ?</h3>
A strong workforce necessitates that employees have the skills, experience, and credentials that employers require. Understanding these job requirements, how they are changing, and how they differ across localities is critical to the development of America's workforce.
A strong workforce necessitates that employees have the skills, experience, and credentials that employers require. Understanding these job requirements, how they are changing, and how they differ across localities is critical to the development of America's workforce.
Workforce assessment encompasses all of an organization's processes, systems, and tools for making accurate, reliable, and effective decisions about the jobs required to achieve business objectives, as well as the qualifications and performance expectations for the individuals who work in those jobs.
To know more about workforce requirement follow the link:
brainly.com/question/12831236
#SPJ4
