Answer: rational decision-making model
Explanation:
Rational decision-making model could be seen as when the decision maker has all alternatives on a decision with much information, with time on their hands and resources to evaluate the various choices thats made available before them.
Danny's choice to go against other people decision and using a detailed and different consideration for the employee decribed he used a rational decision making model, he still believed in the individual when others did not, and this affected his decision and didn't allow that of others to influence him.
Answer: answer d seem more likly because you have then traveld to another country
Explanation:
It will take 8.04 years for the initial investment of $15000 to become $30,000
What is the future value of an investment?
The future value of $15,000 invested now earning a rate of return of 9% per year is $30,000, it the future equivalent of an amount invested now when the invested amount has earned interest over a specific period of time.
The below future value formula of single cash flow can be used to determine the number of years it takes for the initial investment to double.
FV=PV*(1+r)^N
FV=future value=$30,000
PV=initial investment=$15,000
r=rate of return=9%
N=number of years it takes for the initial investment to double=unknown(assume it is X)
$30,000=$15000*(1+9%)^N
$30000/$15000=(1+9%)^N
2=1.09^N
take log of both sides
ln(2)=N*ln(1.09)
N=ln(2)/ln(1.09)
N=8.04 years
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