Answer:
$2,271.50
Explanation:
Future value of annuity=Annuity[(1+rate)^time period-1]/rate
57,000=Annuity[(1.079)^10-1]/0.079
57,000=Annuity[(1.079)^9]/0.079
57,000=Annuity * 1.9824/0.079
57,000=Annuity * 25.093671
Annuity=57,000/25.093671
Annuity = 2271.489094
Annuity = $2,271.50 appr.
Answer: $43.32
Explanation:
The Intrinsic value of Home Depot Stock will be the present value of all the future cashflows from the stock.
Discounting with a rate of 18%, the intrinsic value is;
= 1.31/ ( 1 + 18%) + 1.58 / ( 1 + 18%)² + 1.54/ ( 1 + 18%)³ + 1.56 ( 1 + 18%) ⁴ + 76.25 / ( 1 + 18%) ⁴
= 1.11 + 1.1347 + 0.937 + 0.8046 + 39.3289
= 43.3152
= $43.32
Answer:
cannot pay or charge interest.
Explanation:
Islamic banks are banks that are based on Islamic laws or Sharia laws which is found in the Qur'an.
In Islamic banking, all banking transactions must be compliant with the Sharia laws.
Islamic banks differ from conventional banks in that :
1. they prohibit usury : Usury is charging interest on loans
2. they prohibit all forms of speculation : Islamic laws prohibit all forms of gambling
3. Investments in items that are not allowed in the Qur'an e.g. alcohol
Islamic bank use equity participation to make money. When an Islamic bank lends money to a business, instead of charging interest on the loan, the receive equity in that business and are entitled to a part of the company's shares
Answer:
Centralized Organization
Explanation:
Centralized organization can be defined as a hierarchy decision-making structure where all decisions and processes are handled strictly at the top or the executive level.
Answer:
Explanation: you can’t actually create more time for yourself; time management merely seeks to be a responsible steward of the time you’ve been given. What is Attention Management? Attention management, on the other hand, is all about examining the amount of attention you give to certain tasks or concerns. The point of attention management is to ensure that you’re focusing on the things that really matter—things that are urgent, important, or ideally both—without being …
