Answer:
$1510.28
Explanation:
The monthly on the purchase of new sports car can be computed using the pmt excel function as shown below:
=pmt(rate,nper,-pv,fv)
rate is APR of 7.15% expressed in monthly terms i.e 7.15%/12
nper is the number of months that payments would last i.e 60 months
pv is the cost of the new sports car i.e $76000
fv is the balance owed after the 60th payment i.e $0
=pmt(7.15%/12,60,-76000,0)=$1510.28
Answer:
Annual deposit = $1,661.497
Explanation:
This investment scheme been considered is known as sinking funds.
<em>A Sinking Fund involves saving a series of equal amount periodically invested at certain rate of interest to accumulate a target amount in the future.</em>
The amount to be deposited periodically can be determined as follows:
A= FV/ ((1+r)^(n) - 1)/n)
A- annual deposit, FV- future value - $12,500 r- 9%, n- 6
So we can apply this formula as follows:
A = 12,500/ (1.09^(6)-1)/0.09
A = $1,661.497
In the context of workplace deviance, this is an example of property deviance.
Explanation:
More significant situations of deviant behaviour that affect an entity include deviation of properties. The divergence from ownership is "where workers destroy or gain tangible assets without approval."
Such variation typically involves cheating but may contain, among other things, "sabotage, malicious job mistakes, misuse of expenses records."
For example, theft, robbery, murder and assault. The secondary type of abuse includes violations of appropriate social expectations (non-codified norms) that are considered informal deviance.
Answer:
In 1982, he decided he would commit to giving away his billions during his lifetime. He is broke now. Gave away and donated over $8million. His motto was "giving while living "
Explanation:
