Answer:
7%
Explanation:
The Present value of this single annuity= $109295.
$amount of each annuity= 12000.
By estimation, if we take interest rate(r) =0.07 or 7% in annuity factor formula it will be ((1-(1/(1+0.07)^15))/0.07)=9.1079.
Now, 109295/12000 =9.1079. So, here answer will be 7%
Answer:
- The time they took to complete, the places where they got their raw materials from, the duration for which they worked daily.
Explanation:
The above information from the previous budgets must be helpful to Talar while presenting her budget before the Activities Committee as this will assist her in showing how her present budget is dealing with each aspect of the organization and also consider the missing elements of the previous budget. The information associated with 'time consumed to complete the target, the places for raw materials, and the work hours' would help in showing how she has anticipated the cost of production and labor cost while preparing the budget. Thus, this information will establish the credibility of her claims.
Answer:
More payment
Explanation:
In line with the time-value of money you pay more when you pay your premiums monthly because you pay an interest on the annual amount. There is always an interest charged for the administrative costs of processing your 12 monthly payments as opposed to 1 annual payment of the insurance premium
It is saying that it was $9 and it was then marked down on sale for 7:00. The tag is also telling you the size.