Answer: $20,181.21
Explanation:
First find the value of the Porsche at the end of 6 years:
= Current price * ( 1 + growth rate) ^ number of years
= 125,000 * (1 + 2%) ⁶
= $140,770
Abigail needs to have $140,770 at the end of 6 years. She would need to deposit a certain amount every year to get to that amount. This amount would be an annuity because it is constant.
Future value of annuity = Annuity * Future value interest factor of annuity, 6 years, 6%
140,770 = Annuity * 6.9753
Annuity = 140,770 / 6.9753
= $20,181.21
The trend this business is following is necessities, since those are things we need.
Answer: True
Explanation:
An official repository where joint staff information are kept for and are used to manage the final versions of documents, actions, and products created by Action Officers is called Joint staff archive.
Answer: CPM/PERT charts are very resourceful tools that help schedule and manage complex projects
Explanation:
CPM/PERT charts are very resourceful tools that help schedule and manage complex projects. A critical path analysis is vital when considering this as it determines the failure or success on the projects. They can also be used for assessing the problems faced during implementation of plans.
PERT is a variant of Critical Path Analysis that takes a more skeptical view of the time needed to complete each project stage.
Computerized order processing system: Hardware a) Installation -> Area Prep -> Tech/Engineer-> Wiring ->Connections b) Testing->Connections->Wiring->Servers
If Burberry mills sold stock to an insurance company to raise needed financing for expansion and new product development, then he is making a private placement. It is the method of raising funds or capital by selling securities, bonds or stocks directly to any private investor instead of being a part of public offering. These private investors are typically insurance companies, mutual funds, pension funds and large banks. This placement is not needed to be registered with the SEC or the Securities and Exchange Commission since it is being offered only to selected individuals. Also, a detailed financial statements are not needed to be disclosed.