Answer:
Annual deposit (PMT) = $1,567,060.39
Explanation:
Given:
Future value of annuity due = $8,000,000
Rate of interest(r) = 10% = 0.1
Number of year (n) = 4 year
Annual deposit (PMT) = ?
Computation of annual deposit :
\\\\8,000,000 = PMT [\frac{(1+0.1)^4-1}{0.1} ](1+0.1)\\\\8,000,000 = PMT [\frac{(1.1)^4-1}{0.1} ](1.1)\\\\8,000,000 = PMT [\frac{(0.4641}{0.1} ](1.1)\\\\8,000,000 = PMT [5.1051]\\PMT = 1,567,060.39](https://tex.z-dn.net/?f=Future%5C%20value%5C%20of%5C%20annuity%5C%20due%20%3D%20PMT%20%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%281%2Br%29%5C%5C%5C%5C8%2C000%2C000%20%3D%20PMT%20%5B%5Cfrac%7B%281%2B0.1%29%5E4-1%7D%7B0.1%7D%20%5D%281%2B0.1%29%5C%5C%5C%5C8%2C000%2C000%20%3D%20PMT%20%5B%5Cfrac%7B%281.1%29%5E4-1%7D%7B0.1%7D%20%5D%281.1%29%5C%5C%5C%5C8%2C000%2C000%20%3D%20PMT%20%5B%5Cfrac%7B%280.4641%7D%7B0.1%7D%20%5D%281.1%29%5C%5C%5C%5C8%2C000%2C000%20%3D%20PMT%20%5B5.1051%5D%5C%5CPMT%20%3D%201%2C567%2C060.39)
Annual deposit (PMT) = $1,567,060.39
Answer:
Cheap & effective
Explanation:
this source of labor was easily abusable and by having people you don't need to pay and spend barely anything on feeding them it makes it easier to build the USA. I don't agree with the USA being founded on this but other countries were doing this so the USA did it also.
Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.
Explanation:
Answer: necessity entrepreneur
Explanation: While an entrepreneur is described as someone who organizes and operates a business venture and assumes much of the associated risks, necessity entrepreneurs only do so out of necessity (the quality or state of being necessary, unavoidable, or absolute requisite). As such, they are individuals ranging from educated persons to street sellers especially in developing countries who create small businesses or enterprises out of the need to survive. In Michael Peters' case, he lost his job due to downsizing which caused him to apply his skills and talents to starting up a business.
The size of the dividend per share of stock depend on : The corporation's profit
Dividend per share is calculated by : Total dividend / Total shares outstanding,
Which mean that dividend per share will increase if the total dividend increases.
Meanwhile total dividend will increased if the company gains more profit
