The answer to the question is to retake exams
Answer:
$12,053.86
Explanation:
The easiest way to calculate this is using an excel spreadsheet and the future value function. Using the FV function =FV(rate,nper,pmt)
- rate = 3%/12 = 0.25%
- nper = 36
- pmt = 175
This function will give us the future value of the annuity =FV(0.25%,36,175) = $6,583.60
Now we must add the future value of the original $5,000:
future value = $5,000 x (1 + 0.0025)³⁶ = $5,470.26
total future value = $6,583.60 + $5,470.26 = $12,053.86
if you do not want to use an excel spreadsheet, you can use the following formula:
F = P x ([1 + r]ⁿ - 1 )/r
F = 175 x [(1 + 0.0025)³⁶ - 1] / 0.0025 = $6,583.60
the answer will be the same
Answer:
If the first two steps are run at full capacity, then the third step has a waiting line.
Explanation:
Waiting line is defined as a line of people or vehicles waiting for something. Hence, if the first two step runs in a full capacity been able to serve 25 customers per hour. Meaning for each hour 50 customers will be attended to by the two, then the third will surely be on a waiting line.
Explanation:
The business market is constantly changing, currently we are dealing with a technological revolution that directly affects the lives of people and companies. The market is increasingly competitive and globalized, so adapting to new processes and innovations with regard to technology, administrative practices and communication are essential when it comes to managing companies.
A good leader must understand that currently companies are increasingly responsible for their micro and macro environment, which configures them as active agents for positive change in the world. Therefore, the ideal is that managers consider adopting current practices that use modern communication and intelligence systems to make work easier and more agile, in addition to promoting continuous improvement in all organizational processes, avoiding waste and negative impacts on the environment, establishing social programs and environmental protection practices, in order to attest its value to stakeholders.
It is also necessary that the company be ethical with its employees, respect the individual values of each with regard to culture, gender, etc., promoting an environment and organizational culture focused on inclusion and respect for differences.
The ideal is also to have an assertive leadership, where the leader is the personal incentive agent, adopting positive attitudes about its collaborators and helping in the personal and professional development, generating an innovative, ethical and positive environment.
