Answer:
To boost or increase productivity.
Explanation:
Boosting or increasing productivity means that products and services are rendered effectively and efficiently to meet the demands consumers. Thus when a country improves its educational skills taught in schools to meet or match the skills employers are looking for helps improve productivity in the sense that employees are able to do specific jobs and functions demanded by employers because they have been trained with the specific skills the job demands.
Boosting productivity increases the output of production there by causing an increase in the inputs of production processes and with this increased growth productivity, the economy produces more goods and at the same time consumes more there by yielding increase in the amount of work done or produced. When productivity is boosted, it causes an increase in the growth of an economy.
Answer:
c) 3.75 years
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. The value of the annuity is also determined by the present value of annuity payment.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where
P = Monthly Payment = $200
r = rate of interest = 6.25%
PV = Loan amount = $8,000
As we already have the present value of annuity we need to calculate the rate of return.
$8,000 = $200 x [ ( 1- ( 1+ 6.25%/12 )^-n ) / 0.0625/12 ]
$8,000 / $200 = [ ( 1- ( 1.0052 )^-n ) / 0.0052 ]
40 x 0.0052 = 1- ( 1.0052 )^-n
0.028 = 1 - 1.0052^-n
0.028 - 1 = - 1.0052^-n
-0.792 = - 1.0052^-n
0.792 = 1/1.0052^n
1.0052^n = 1/0.792
1.0052^n = 1.2626
n log 1.0052 = log 1.2626
n = log 1.2626 / log 1.0052
n = 44.96 months
n = 44.96 / 12 = 3.75
Based on the Trompenaar's value dimensions the culture that separate the work and the private lives of the manager is the specific oriented value
Explanation:
There are seven basic values based on which each of them are defined and the dimension that allow the people to keep their private lives and their work life different is called as specific oriented culture
The other dimensions also includes the difference between the national cultures and they developed the model in each cultures and they can help the people to understand the basic differences
<span>If Bailey does not remember her drive to work, she was experiencing highway hypnosis during her drive. This is a common occurrence that can happen during any repetitive activity, but especially driving.</span>
Complete Question
Annual rent $ 7,380
Insurance 145
Security deposit 650
Annual mortgage payments $9,800 ($9,575 is interest)
Property taxes 1,780
Insurance/maintenance 1,050
Down payment/closing costs 4,500 Growth in equity 225
Estimated annual appreciation 1,700
Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent.
(a) Calculate the total rental cost and total buying cost.
Answer:
Explanation:
(a)Rental Costs
Buying Costs $7,380
Rent $9,800
The following calculations were made:
Interest lost on security deposit
= Security deposit × 7%
= $650 × 0.07 = $45.5
Interest lost on down payment and closing cost
= Down payment × 7%
= $4,500 × 0.07 = $315
Tax savings for mortgage interest =
Interest × 28%
$9,575 × 0.28 = $2,681
Tax savings for property taxes =
= Property taxes × 28%
$1,780 × 0.28 = $498
