Answer:
The future value of the $200 invested yearly for 4 years at 8% is $973.32
Explanation:
The future value of an immediate annuity is given by the formula = (1+r)*[P*((1+r)^n-1)/r]
P=is the periodic payment of $200
r=rate of return=8 percent
n=number of years=4
By slotting the variables into the formula we have:
Fv=(1+0.08)*(200*((1+0.08)^4-1)/0.08)
FV=$973.32
Judging by the concept of time value of money, it is expected that the sum invested at interest would have been much more at maturity of the investment as $1 today should give a lot more than $1 in future.
Answer:
Benefits that are of most prominent incentive to the employees and to the organization are as per the following:
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The employees are obligated to get benefits that are variable and are a piece of salary bundle. These can incorporate house lease remittance, travel recompense, training stipend and advancement of the worker youngster and so forth.
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Health, life and handicap benefits likewise to be incorporated into the salary. Phone recompense if the activity requires making a great deal of calls to different clients.
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The firm ought to likewise give paid leaves and occasions to the employees to reproduce and revive their psychological capacity.
The profit that is gained by the company for selling a unit is equal to the difference between the revenue and total cost. In this item the revenue is given to be $45 and the profit is $10. To answer this item, we let x be the cost such that,
45 - c = 10
Simplifying,
c = 45 - 10
Further simplification will lead us to,
c = 35
Answer: $35.
