The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:

where

is the <span>present value of an annuity factor for n years at r%.
Given that </span>a<span>
company borrowed $40,000 cash from the bank and signed a 6-year note at
7% annual interest and that the present value of an annuity factor for 6 years
at 7% is 4.7665.
Then

Therefore, </span><span>the annual annuity payments equals $8,391.90</span>
Answer:
5.37%
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the company’s after tax return on preferred by using following formula:-
Company’s After Tax Return = Before Tax Dividend Yield Rate on Preferred Stock × [1 - (1 - Dividend Exclusive) × (Tax Rate)]
= 6% × [1 - (1 - 70%) × (35%)]
= 0.06 × [1 - (1 - 0.70) × (0.35)]
= 0.06 × [1 - (0.30) × (0.35)]
= 0.06 × (1 - 0.105)
= 0.0537
= 5.37%
We simply applied the above formula to determine the company after tax return
The answer to this question is Bring Your
Own Device or also known as (BYOT).
<span>Bring your own device is allowing employees or
workers to bring their own gadgets like laptop, tablets, mobile phones (smart
phones) in the work area to be used at work and connect to the company network,
internet, and office applications while working. The benefits of this policy
are that it can lower the cost of the company to purchase computers and it also
can increase productivity of employees. </span>