Answer:
Explanation:
Future value after 24 months = 1200
present value = 1000
Let monthly rate of interest = r
1000 = 1200/( 1+r )²⁴
( 1+r )²⁴ = 1200/1000
( 1+r )²⁴ = 1.2
taking log on both sides
24 log( 1+r ) = log 1.2
24 log( 1+r ) = .07918
log( 1+r ) = .003299
( 1+r ) = 1.007625
r = .007625
monthly rate of interest in percent = .7625%
II Option
Future value after 24 months = 1220
present value = 1020 - 20 = 1000
Let monthly rate of interest = r
1000 = 1220/( 1+r )²⁴
( 1+r )²⁴ = 1220/1000
( 1+r )²⁴ = 1.22
taking log on both sides
24 log( 1+r ) = log 1.22
24 log( 1+r ) = .086359
log( 1+r ) = .003598
( 1+r ) = 1.008319
r = .008319
monthly rate of interest in percent = .8319%
b )
Effective annual rate of uncle = (1.007625)¹² -1
= 1.09543 - 1 = .09543
In percent = 9.543 %
Effective annual rate of greedy friend = ( 1.008319)¹² -1
= 1.1045 -1
= 10.45 %
c ) The first one is cheaper so it is preferable.
It’s c because purchase are not made in the introduction period
Answer:
Indirect loss
Explanation:
The lost profits are an example of indirect loss.
Indirect loss also known as consequential loss is a loss sustained by a business owner when it is unable to use its assets for the intended purpose. Indirect loss is as a result of damage caused by fire, flood, earthquake etc.
An insured business is able to recover part of indirect loss but if the business is not insured, then it will bear the consequences alone.
Answer:
No of clown sold in 2010 = 17
No of clown sold in 2015 = 39
Unit rate of change = 39 - 17/17 x 100
Unit rate of change = 129.41%
Explanation
The unit rate of change from 2010 to 2015 is equal to the number of clown sold in 2015 minus the number of clown sold in 2010 divided by the number of clown sold in 2010 multiplied by 100.
Answer:
Productivity is the phenomena of the world economies. It is important for the development and growth.
Explanation:
There are many international and national organization that take care about their employees growth. But many of organization are there which is only think about the productivity not about their employees. The industrial organization psychology worked on this concepts. Many research has been done just because to find out about the employees condition and productivity in an organization.
It is very important for employers if they think about the mental, physical health of their employees it affects the productivity. If employees are satisfied with the environment and policy of a company then productivity will also increase side by side.
