Answer:
The appropriate technique to be applied is future value of annuity. The correct answer is B.
Explanation:
Since the deposit will be made at the end of each year and there is need to determine the worth of the fund on retirement, the appropriate technique to employ is future value of annuity.
Answer:
throughout the firm at all levels
Explanation:
In the current knowledg economy, companies require employees with specialized skills that are able to analyze information and find solutions to keep growing and to achieve this, they need to help their personnel in all the levels to learn and train to have the required knowledge and help the company. According to that, the answer is that initiatives to develop human capital should be directed throughout the firm at all levels to maintain a competitive advantage in the current knowledge economy.
A. Offering a safe product will make more people want to buy that particular product.
Answer:
a. the decision to engage in one activity means forgoing some other activity.
Explanation:
Opportunity cost is the cost incurred when an economic agent forgoes some other activities to engage in one activity.
Economic agents have to make choices because wants are unlimited and resources are limited.
Opportunity cost is also known as economic cost.
An example of opportunity cost : Assume a doctor leaves his job where he earns $500,000 per annum to start his own business where his accounting profit is $700,000. His Opportunity cost is $500,000.
I hope my answer helps you.
Answer:
is not connected to collateral and, therefore, a higher risk for lenders
Explanation:
Unsecured loans are the loans issued without any securities attached to them. The lender relies on the borrower's creditworthiness as the basis for granting the loan. Unsecured loans are mostly available to salaried workers whose pay is processed by the lending institutions.
Unsecured loans pose a higher risk to the lender because they are not backed by any collateral. For this reason, they attract a higher interest rate than secured loans.
