Answer:
Amount received = 217,043.56 (Approx)
Explanation:
Given:
Monthly deposit = $400
Interest rate = 3.2% / 12 = 0.002667 per month
Number of year = 63 year - 35 year = 28 year
Number of period = 28 × 12 month = 336 month
Computation:
![Amount \ received = PMT[\frac{(1+r)^n-1}{r} ]\\\\Amount \ received = 400[\frac{(1+0.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{(1.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{2.44713794-1}{0.002667} ]\\\\Amount \ received =400[\frac{1.44713794}{0.002667} ]\\\\Amount \ received =400[542.608901]\\\\Amount \ received =217,043.56\\\\](https://tex.z-dn.net/?f=Amount%20%5C%20received%20%3D%20PMT%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D%20400%5B%5Cfrac%7B%281%2B0.002667%29%5E%7B336%7D-1%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B%5Cfrac%7B%281.002667%29%5E%7B336%7D-1%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B%5Cfrac%7B2.44713794-1%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B%5Cfrac%7B1.44713794%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B542.608901%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D217%2C043.56%5C%5C%5C%5C)
Amount received = 217,043.56 (Approx)
Answer:
<u>Skills inventory</u>
Explanation:
Skills inventory refers to the skills stored in an individual i.e one's capabilities and skills.
Skills inventory assessment makes an employer identify how well an employee would be able to meet the skills required at the job and how those skills would aid in the achievement of organizational goals.
It refers to assessing and understanding the competencies of the current staff by an organization.
For the above purpose, businesses may use commercial software or database management systems (DBMS).
In the given case, the HRM specialists exercised the option of using computer network in addition to database management system, to develop a skills inventory , post which, the company is able to successfully identify specific organizational skills.
Answer:
True
Explanation:
Newspapers are classified as convenience goods. Convenience products are things buyers purchase regularly and effectively without placing a lot of thought into them. These incorporate papers, magazines and etc. Since buyers have a decent feeling of how a lot of these things cost, they don't consider their value except if it falls outside their desires.
Patrick goes to any U.S bank branch for opening a checking account for the use of groceries with some documents required for opening a checking account.
<h3>
What is a Checking Account?</h3>
A checking account makes it simple to access your money for daily transactions while also assisting in keeping your money safe. It's a flexible account that gives you the freedom to handle your daily spending, including bill payments, purchases, and paycheck management.
As a result, Patrick needs to visit any branch of a U.S. bank with some documentation, such as his Social Security number and a current, government-issued photo ID, such as a driver's license or passport, to open a checking account to pay for groceries or other personal expenses.
Learn more about Checking accounts here:
brainly.com/question/20984186
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Answer:
Expected value NPV =$-,7434
Explanation:
The Expected Net present value (NPV) is the difference between the Present value (PV) of Expected value cash inflows and the PV of cash outflows. A positive NPV implies a good and profitable investment project and a negative figure implies the opposite.
Expected value NPV = PV of expected value cash inflow - PV of cash outflow
Present value of cash inflow:
<em>The expected cash in flows is the sum of the cash inflows multiplied by their respective probabilities. For Tolbotics it is calculated as follows:</em>
Expected cash inflows=m (29,500× 0.5) + (2,000× 0.5)=15,750
NPV = 15,750× (1-1.14^(-3)/0.14) - 44,000=-7434.
Expected value NPV =$-7,434
