Answer:
$714,975
Explanation:
Data provided in the question:
Annual return = $150,000
Time, n = 6 years
Annual return, r = 7% = 0.07
Now,
Amount willing to pay for the project
= Present value of annual cash flows discounted at 7%
= $150,000 × [ (1 - (1 + r)⁻ⁿ ) ÷ r ]
= $150,000 × [ (1 - (1 + 0.07 )⁻⁶ ) ÷ 0.07 ]
= $150,000 × 4.7665
= $714,975
The Board of Directors does not define the selling price when authorizing the issuance of bonds.
An executive body that jointly manages an organization's activities is called a board of directors. This group could be a business, a nonprofit, or a government entity. It could also be for-profit. The board of directors' responsibilities and authority are governed by governmental regulations as well as the organization's own bylaws and constitution. These authority may specify the number of board members, how they will be chosen, and how frequently they will meet. The board of such an organization is accountable to and may be subordinate to the entire membership, who normally elect the board members in organizations with voting members. In a stock corporation, non-executive directors are elected by the shareholders, and the board has the following authority.
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Just by looking at the answer you can take out D because C already offers no tax and 5% off, do C is better than D, so we only have to do t math for A, B, and CA is 800 plus tax, with $75 back800×1.05 (because it's 5% tax) -75 =$765B is 800×.90 (because 10% off means he's paying 90%)×.05=$756C is 800×.95 (because 5% off means he's paying 95%) =760A=765B=756C=760So B is the best deal
:)
Adam was unable to finish high school because he needed to go to work to help his family financially. This forms a Non-formative type of influence
This is further explained below.
<h3>What is a Non-formative type of influence?</h3>
Generally, The term "nonnormative effects" refers to those that do not affect each member of a set in the same manner. Nonnormative suggests it does not affect everyone in the same way in the culture, while normative suggests it does (or not at all).
In conclusion, Adam dropped out of school before he could graduate from high school because he had to start earning money to support his family. This is an example of a non-formative impact.
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