William H. Armstrong was the native of Lexington, Shenandoah Valley. he mentioned his school days and about the church in the book "Sounder".
<h3>What was mentioned in the "Sounder" book about the Christianity?</h3>
Armstrong changed his mind about the Bible. He has so many questions about that, due to which he start writing his own books to find the answers.
His main interest was to write about the questions of young and old people related to the Bible.
He appeals to various ages and Christianity.
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Answer:
2.5% is the current two years interest rate
Explanation:
If the first year interest rate is 2% and expected coming year interest rate is 3% based on the hypothetical projection which is believed to be correct, then the interests rate for the two years will be the average of the interest of the two years in focus which gives us:
Current IR = IR (yr 1) + IR (yr 2) / no of years
Current IR = 2 + 3 / 2 = 2.5
Answer:
Interest rates and investment
If interest rates are increased then it will tend to discourage investment because investment has a higher opportunity cost. With higher rates, it is more expensive to borrow money from a bank. Saving money in a bank gives a higher rate of return.
Answer:
<u>Scholarship Amount would be $45.68</u>
Explanation:
Deposits into an endowment account that pays 12% per year
Year 0 Deposit $100
Year 1 Deposit $90
Year 2 Deposit $80
Year 3 Deposit $70
Year 4 Deposit $60
Year 5 Deposit $50
Year 6 Deposit $40
First find the present worth of the gradient deposits.
P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69
A = 380.69 (0.12)
A= $45.68
Wright Automobiles, a used car dealer, has to purchase soft drinks and snacks for the vending machines in the customer lobby. This buying situation demonstrates a <u>straight rebuy.</u>
<u></u>
A purchase in which the customer buys the same goods in the same quantity on the same terms from the same supplier.
Modified rebuy is a state of affairs wherein the client makes some adjustments within the order, and it could require some additional analysis or studies. straight rebuy: wherein the client reorders the identical products without seeking out data or thinking about different suppliers.
If your company is upset with a dealer's product and the procurement crew makes modifications to the order, you completed a changed rebuy. There are several motives for agencies to try this new requirement, excessive costs, suppliers, product adjustments, etc.
A buying scenario in which an individual or agency buys goods that have been bought previously, however, adjustments either the provider or a few other elements of the preceding order.
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