This problem is solved by using the compound interest formula:
A=P(1+(I/period))^(number of periods)
Where A = amount accumulated and P = amount loaned and I = Interest
A = ? P = $2, 000, I = 0.115, Period = 2 (semi annually) Number of period = 2
*7 (I. e paid twice over a 7 yrs span)
So we have
A = 2000 ( 1 + 0.115/2)^(14)
A = 2000 ( 1 + 0.0575)^(14)
A = 2000 (1.0575)^(14)
A = 2000 (2.1873851765154) = 4374.77035
So we have 4374.80 to the nearest cent.
Answer:
The statement is: True.
Explanation:
Supply Chain Management aims to streamline the processes involved in the supply chain. The supply chain is a complex network of activities and resources involved in transferring raw materials, parts, and finished goods from initial manufacturers to end consumers.
<em>We could say then, that the supply chain management has a dual role: one driven by the manufacturers needs to be communicated to suppliers and the second represented by the number of activities that the supply chain processes demand managers and engineers to structure.</em>
The company that purchased the mine better approach the situation by developing a strategy that include all stakeholders.
In the year 2006, giant of the mining industry Xstrata purchased the Tintaya copper mine in Espinar, Peru. There has been a dispute between the community and the mine over issues including land rights, pollution, and social responsibility of the mining company. The previous mine owner had established a good dialogue table with the local community. According to many people , when Xstrata took over, the company did not abide by those arrangements which were made by the previous owner.
That is why if Xstrata wants to make better then it should consider the interest of every stakeholder over there.
To know more about Tintaya copper mine here:
brainly.com/question/11045973
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True they belong to the bracket of unemployed citizens and are dependent on the working force or are consuming their savings
<span>the one that would be considered the highest risk portofolio would be : a portfolio made up of 60% stocks, 30% mutual funds, and 10% Treasury bonds.
Stocks is considered a high risk investment because it is very hard to predict the market and you could potentially lose a huge amount of your investment in a really short time.
As for mutual fund, it's considered a high risk because you basically handed over your investment to a third party and you won't be having any control on how it would be used.</span>
