Answer:
How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted is explained below in detail explanation.
Explanation:
Let the no of withdrawals be n, then
Present value of n withdrawals = 50000
Interest rate per 6 months =8%/2 =4%
Withdraw amt/(Int rate)*(1-1/(1+interest)^n) = 50000
=> 2500/0.04*(1-1/1.04^n) = 50000
1/1.04^n = 0.2
1.04^n = 5
=> n = ln(5) / ln(1.04) = 41.03
Total 41 withdrawals of Rs.2500 can be made (with a smaller 42nd installment of less than Rs.2500)
Answer:
c. Both theoretical and applied learning
Explanation:
Throughout life, students learn the theories at college and university so they are adept at applying them in the real world. For example, a college student learns mathematical theories to use them in everyday life. As an adult, a student chooses a college degree in which he or she will specialize. Then he will learn the theories to use them in his working life. For example, a student learns economic theories at university and applies them later in his job as an economist.
Answer:
(a) systematic skill and problem solving skill
(b) problem-solving, team building skills and communication skills,
Explanation:
Yes I will definitely enjoy working in that kind of environment.
I will be able to learn, improve and build up my myself in such environment.
Getting equipped with all the necessary skills needed.
Answer:
False.
Explanation:
Elasticity of demand is a measure of the responsiveness of changes in demand to change in price.
The value of elasticity shows type of good. Negative elasticity indicates that a good is inferior, and people will buy it when their income is low. But once income rises they will buy more luxurious goods. That is not the case here as elasticity is positive.
When elasticity is positive the good is a normal good and increase in income will result in increase in amount demanded of the good.
In the scenario give a positive elasticity of 0.45 should result in higher consumption among higher income people than lower income people.
Answer:
Selling
Explanation:
Ken Blanchard postulated the Situational Leadership Theory. It based on the assumption that there is no one best way for leadership to be administered, rather leader's style should depend on the task being performed.
The leadership style to be adopted is also dependent on how ready the group is for development.
The leadership styles are telling, selling, participating, and delegating.
Selling is when the members of the group are able to perform a task but are not motivated to do it. A leader who can create a motivation or sell the idea of the task is required.
In the given scenario Kevin has worked at Van Der Moor Electronics Repair for 12 years where he has accumulated a number of different skills. But he is insecure.
The selling leadership will motivate him.
