Answer:
a. $965.74
b. $939.11
Explanation:
In this question we use the Present value formula i.e shown in the attachment below:
1. Given that,
Future value = $1,000
Rate of interest = 6.5%
NPER = 4 years
PMT = $1,000 × 5.5% = $55
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the price would be $965.74
2. Given that,
Future value = $1,000
Rate of interest = 6.5%
NPER = 8 years
PMT = $1,000 × 5.5% = $55
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the price would be $939.11
Answer:
False
Explanation:
The government sector derives its main incomes from taxes.
Fees- Everything has a cost. Especially institutions, that are public.
Minimum Balance needed in an account-
If you are considering to buy anything, be sure to know your average amount of dollars you have, to know how much money you can spend. Be sure to have some left over.
Interest rates- The percentage you are being charged for. Be sure to have money left over for it.
Services- Pick the best services.
Using the degree of operating leverage, the estimated impact on net operating income of a 5 % increase in sales is 6.45%.
The degree of operating leverage (DOL) measures how much a company's operating income varies in response to sales fluctuations.
The DOL ratio assists analysts in determining how changes in sales affect company earnings.
Because a company with high operating leverage has a high proportion of fixed costs, a significant increase in sales can result in significant changes in profits.
If sales increase by 5%, the calculation for increased Net Operating Income is as follows:
Increase in Net Operating Income = Sales Increase x Degree of Operating Leverage
= 5% x 1.29
= 6.45%
Hence, Using the degree of operating leverage, estimated impact on net operating income of a 5 % increase in sales is 6.45%.
Learn more about operating leverage:
brainly.com/question/9212451
#SPJ4
The process of credentialing helps in identification and verification of the personnel in an organization.
<h3>What is credentialing?</h3>
The process that involves the documentation of an individual for the purpose of ensuring and authenticating the true and fairness of the qualifications of an individual associated with the organization is known as credentialing.
It is one of the most important function of the resource management system, which ensures that the organization can be assured of the skills mentioned by the personnel.
Hence, credentialing process is as defined above.
Learn more about credentialing here:
brainly.com/question/14880501
#SPJ4
