Answer:
28%
Explanation:
Although there are sources that says 30% of gross income can be spent on housing, the most reliable amount that can be spent (according to other sources) is 28%.
Take for instance, you earn $5000 monthly, the maximum that you can spend on housing is:
Using a calculator, we have:
<em>The maximum that can be spent on a monthly gross income of $5000 is $1400</em>
Annual Payment where F is accumulated sum of amount, n is number of years and i is annual rate of interest. The standard notation equation is in the image since i can’t type it-
Answer:
1) For preparation of plan :
It is to gather the team and creating the timeline. Gathering the inputs for the plan and confirming the mission and vision then launching the strategy.
2) A mission would describe about the company and the specification of the company
A vision is the long term or future state of the organization to achieve in a time frame.
Both would include the OAS statements and strategic shifts.
3) The OAS and strategic shift would help to create a balanced score card that would help for data gathering and analysis
This would include the financial, customers goal, Process goals, people's goals etc.
4) To create and develop the plan's framework:
To set the objective for high level organizational goals
To measure the and accomplish the objectives
To take initiatives to achieve the objectives
Explanation:
