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Valentin [98]
3 years ago
6

In an effort to save money for early retirement, an environmental engineer plans to deposit $1200 per month starting one month f

rom now, into a self-directed investment account that pays 8% per year compounded semiannually. How much will be in the account at the end of 25 years

Business
1 answer:
Aleks [24]3 years ago
8 0

Answer:

$1,099,203.00

Explanation:

In this question we have to find out the future value that is shown in the attachment below:

Provided that

Present value = $0

Rate of interest = 8%  ÷ 2 = 4%

NPER = 25 years  × 2 = 50 years

PMT = $1,200 × 6 months = $7,200

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $1,099,203.00

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The law of comparative advantage indicates thata. specialization and exchange will permit trading partners to maximize their joi
Oliga [24]

Answer:

The correct answer is option a.

Explanation:

The law of comparative advantage states that a country should produce and export that product in which it experiences comparatively lower opportunity costs. The countries will be said to be specializing in the production of goods and services that they can produce at a relatively lower opportunity cost.  

If two countries produce and exchange the goods they specialize in, they will be able to jointly produce more and consume more than they could individually.

3 0
3 years ago
Which of the following proposes that job satisfaction has a positive effect on customer service, which flows on to shareholder f
mezya [45]

Answer:

Service profit Chain model

Explanation:

A service profit chain model is a theory that explains how the job satisfaction of employees influences the profitability(or profit making) of a company through indirect means such as service quality, customer loyalty, among other things.  

Cheers

7 0
3 years ago
Marci rewarded her team with a bonus when she found that their performance exceeded the standards she had set. Which step of the
s2008m [1.1K]

Step 4 of the control process does giving the reward represent.

Stage4:

When your business is in this stage of the life cycle, you have two choices: sell or reinvest. If you decide to sell, you’ll want to work with the right people to make sure you’re following state and federal finance laws.

Reinvesting in your company can result in its renewal. Ideally, you want to start this process before your business is in a decline. For example, if you notice there’s a change in the industry, modify your strategy.

Learn more about Reinvesting on:

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6 0
2 years ago
Consuela noticed significant growth in the hispanic population in her mid-size town. the local grocery carried mostly traditiona
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The kind of startup that her store is considered to be is a new market idea. New market ideas are techniques or ideas that are employed or thought of as a way of strategizing and a way of improving one's business or store. In which Consuela engages to as she decided to have a new idea for a way of improving her store and for the sake of her customers.
3 0
3 years ago
Ashish comes to work looking exhausted almost every day. He is a new father and the baby is not sleeping well. James, his manage
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The given statement is True.

Ashish agrees without putting up much fight. James takes advantage of the fact that Ashish is sleep deprived and will be more likely to engage in unethical behavior.

Explanation:

Ethics are the rules, regulations, principles, that govern a person's behavior or affect how people conduct an activity.

Ethics are something that will be evaluated on the basis of either right or wrong. If a person chooses something which is right, he is exercising ethics.

So when James takes advantage of Ashis's sleep deprivation and forced him to do something which is not right, then this is an unethical behavior. But not only James is engaged in unethical practice, Ashish is also responsible for this unethical conduct, because he should have fought for the right, rather than accepting the James's order because of his sleep deprivation and avoid indulging in a conflict with him.

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3 years ago
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