Answer:
<u>Establish project priorities</u>
Explanation:
<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.
In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.
Answer:
7%
Explanation:
nominal interest rate = real interest rate + expected inflation rate
nominal interest rate = 5% + 2% = 7%
Usually the nominal interest rate has four major components:
- real interest rate: the net interest rate received by a lender or an investor
- inflation rate: the general rise in the prices of goods and services, as inflation increases, the purchasing power of a currency decreases
- liquidity risk premium: usually collateralized loans include a liquidity risk premium since not all assets can be easily converted to cash.
- credit risk: possibility of the borrower defaulting the loan
commenting so I can get help too
A mortgage is the resource available to home providence to recover the loan.
A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay.
Suppose you find $20. if you choose to use the $20 to go to the football game, your opportunity cost of going to the game is <u>$20</u>.
The opportunity cost is time spent analyzing and that money to spend on something else. A farmer chooses to plant wheat; the opportunity fee is planting a specific crop or alternate use of the assets (land and farm machine).
Opportunity value is a financial term that refers back to the cost of what you need to give up so that it will choose something else. In a nutshell, it is a price of the road not taken.
Whilst economists talk to the “opportunity cost” of a useful resource, they imply the fee of the following-maximum-valued opportunity use of that aid. If, for an instance, you spend time and money going to a film, you cannot spend that point at domestic analyzing an ebook, and also you cannot spend the cash on something else.
Learn more about opportunity costs here: brainly.com/question/481029
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