A customer service representative loses his job because his company adopted a new software that does most of his job automatically. This is an example of technological unemployment.
<h3>What is technological unemployment?</h3>
This are happen when an individual losses her Job due to the use of technology.
The new technology now handles the works and the service of the individual is no longer require.
Therefore, A customer service representative loses his job because his company adopted a new software that does most of his job automatically. This is an example of technological unemployment.
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<span>Sale Proceeds of Mutual Funds = 100 Shares * $12.03 = $1203
Add: Dividend Earned on shares = 100 Shares * $0.75= $75
Less: Purchase cost of shares = 100 Shares * $10 = $1000
Less: Exit fees = $1203*5.5% = $66.17
Net Income from Investment = $211.83
Earning in %= $211.83 / $1000 = 21.18%</span>
