Answer:
Explanation:
Ordinary Annuity = Investment * PVAF(Interest, number of years)
Ordinary Annuity = $710 * PVAF(4%,5 years)
=$710 * 4.4518
=$3160.79
Answer:
22.85
Explanation:
Present value (PV): $500,000
Rate: 6.5% per annual
Payment (PMT) : $40,000 per year
We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted
=NPER(rate, PMT, -PV,,1) = NPER (6.5%,40000,-500000,,1) = 22.85
Answer:
The answer is option A) This is an example of continuous reinforcement schedule
Explanation:
A schedule of reinforcement is basically a rule stating which instances of behavior will be reinforced. In some cases, a behavior might be reinforced every time it occurs. Sometimes, a behavior might not be reinforced at all.
continuous reinforcement schedule occurs when reinforcement is delivered after every single target behavior. This is clearly illustrated with the bonus paid to the telemarketers for every fourth application the company receives.
Answer:
Sales = 12,50,000
Explanation:
Detailed steps are given below
