Answer:
True
Explanation:
Employees who perceive that their employers treat them fairly will always support them. This applies to good consequences (raises, awards, etc.) and also bad consequences (layoffs, penalties, wage reduction, etc.). This concept of fairness in power applies to almost all the activities in our lives.
For example, you are playing baseball and you perceive that the umpire is openly biased against you, that will make you feel disappointed, maybe even mad and definitely you will not enjoy the game. The same applies to our teachers and how they treat all the students, or our parents and how they behave with our siblings, etc.
Answer: False.
Explanation:
At the rate of 10% interest per year on $5000, William would earn:
=> 5000 x 10/100 = $500 a year.
In three years William would earn:
=> 3 x 500 = $1500 in three years.
The interest William would earn in three years is $1500 which is higher than $1000 dollars.
2 weeks before the start.
Answer:
Total savings= $2,468.7
Explanation:
Giving the following information:
Suenette plans to save $600 at the end of Year 1, $800 at the end of Year 2, and $1,000 at the end of Year 3.
Annual rate= 3.4%
To calculate the final value of the investment, we need to apply the following formula to each deposit:
FV= PV*(1+i)^n
Deposit 1= 600*1.034^2= 641.50
Deposit 2= 800*1.034= 827.2
Deposit 3= 1,000
Total= $2,468.7
The overall purpose is to make your money bigger by putting them into life by investing. People choose to invest if they have an excess money other than what they pay for their necessities to make a profit or income. It is also being done with people to earn money without exerting much effort other than studying its portfolio and making the decision.
Investment is like an item being purchased by the investor and expecting future income. It's an asset where the money grows.
