Answer: $4,262.50
Explanation:
The total expected cost would be the total expected values of the insurance given the probability that Jim might die.
= ∑expected value at 60,61, 62, 63, 64
= (0.01054 * 50,000) + (0.01447 * 50,000) + (0.01645 * 50,000) + (0.02068 * 50,000) + (0.02311 * 50,000)
= $4,262.50
Answer:
200 i think sorry if im wrong
Explanation:
Answer: Broadbanding
Explanation:
Broadbanding is a strategy employed in Human Resources when it is believed that there are too many pay levels. Broadbanding will change this as it involves the banding together of various smaller levels into Broad level so that the pay levels are less in number but wider in range.
Broadbanding gives a business the opportunity to become flatter in hierarchy thereby allowing for pay increases without having to promote a person as they will still be in the same band but get more salary.
Answer:
$12,000
Explanation:
Calculation for the amount of rent he paid.
First step is to calculate his sales amount for the year using this formula
Sales = Percentage of total gross sales volume× Sales amount
Let plug in the formula
Sales =2%×$435,000
Sales=$8,700
Second step is to calculate his minimum base rental using this formula
Minimum base rental = Numbers of month × Monthly payment
Let plug in the formula
Minimum base rental= 12 months ×$1,000 per month
Minimum base rental=$12,000
Based on the calculation his minimum annual base rent will be $12,000 which is higher than tha amount of $8,700 which means that the tenants paid the amount of $12,000.
Therefore the amount he paid for his rent will be $12,000.
The above statement is wrong.
Buyers will opt out of markets in which: THERE IS INADEQUATE INFORMATION ABOUT SELLERS AND THEIR PRODUCTS.
Being a buyer, one does not buy the first item he or she finds right away. Buying something requires research before reaching a final decision. The goods to be bought must be of high quality, from a reputable seller, and is worth its price. Thus, any item that has dubious details will serve as a red flag to the buyer not to buy the product.