A pension fun act as an investor by (B) The company invests the money collected from employers and/or employees.
Answer:
Answer= 9 years
Explanation:
Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
14,963.72=2200[1-(1.06)^-n]0.06
14,963.72=36,666.67[1-(1.06)^-n]
1-(1.06)^-n=(14,963.72/36,666.67)
(1.06)^-n=1-(14,963.72/36,666.67)
(1/1.06)^n=0.591898545
Taking log on both sides;
n*log (1/1.06)=log 0.591898545
Hence n=log0.591898545/log (1/1.06)
=9 years.
Answer:
$4,600 debit balance
Explanation:
Provided that
The account receivable balance = $5,000
The amount received from its charge-account customer = $400
So after posting this transaction, the new balance in the account receivable account is
= The account receivable balance - The amount received from its charge-account customer
= $5,000 - $400
= $4,600 debit balance
The phenomenon experienced by the client when he believed that the performance appraisal was unfairly influenced by a drug error that the employee committed several weeks ago, is called the Horns Effect.
<h3>What is the Horns Effect?</h3>
The Horns Effect is a rater bias property in performance appraisal at workplace. It is a tendency for a single negative attribute to influence the rater to mark everything on the lower side of the scale. It is a bias that makes them think that one bad attribute seems to spoil the bunch.
It is the exact opposite of Halo Effect and makes decision making challenging. Horns Effect may lead to unfair sanctions or inappropriate dismissal of the employee.
To know more about Horns Effect, visit:
brainly.com/question/988504
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