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saul85 [17]
3 years ago
13

In a low-context culture: (Multiple Choice)workers get right to the task, after they take care of their social needs.relationshi

p building is considered very important and occurs before performing business tasks.relationship building is considered a waste of time.workers get right to the task, without the need to socialize during the first ½ hour of work.
Business
1 answer:
KIM [24]3 years ago
3 0

Answer: Relationship building is considered a waste of time.

Explanation:

A low context culture emphasis verbal and direct communication among participating people. There is no ambiguity in relationship terms which allows new entrant an easy entry and understanding for relationship building is secondary rather emphasis is on achieving set goals.

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1. Lulu started saving $200/month in a 401(k) earning 6% interest compounded monthly when she was 45 years old. How much will be in her account when she retires at age 65?

Lulu made 12 x 20 = 240 payments

to calculate how much she earned we can use the future value of ordinary annuity formula:

FV annuity = payment x {[(1 + r)ⁿ - 1] / i} = $200 x {[(1 + 0.5%)²⁴⁰ - 1] / 0.5%} = $200 x 462.04 = $92,408.18

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3. What dollar amount of interest did her account earn?

$92,408.18 - $48,000 = $44,408.18

4. Murphy started putting $100/month into his 401(k) earning 6% APR when he was 25 years old. How much will be in his account when he retires at age 65, if interest is compounded monthly?

480 payments, again we use the same formula as in (1):

FV annuity = $100 x {[(1 + 0.5%)⁴⁸⁰ - 1] / 0.5%} = $100 x 1,991.49 = $199,149.07

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4 years ago
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Answer:

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e. The required return for Stock A would fall, but the required return for Stock B would increase.

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Explanation:

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