The balance in the savings account at the end of the 8th year (i.e., after 8 deposits) is $99,256, and the interest earned on the 8 deposits is $27,256
The future value of annuity is a calculation that measures how a good deal a chain of fixed bills might be really worth at a specific date in the future whilst paired with a particular interest price. The word “value” in this term is the coin's potential that a sequence of future payments can gain.
The equation to find future value of the annuity:
Future Value = E ( ( 1 + r)^p - 1 ) / r
E = Annual deposit = $9,000
r = Interest rate = 9%
P = 8 years
FV = Amount available = 9,000 ( 1.09^8 - 1 ) / .09 = $99,256
Interest = 99,256 - 9000 * 8 = $27,256
Future value is the value of a current asset at a future date based on an assumed fee of growth. The future price is vital to investors and economic planners, as they use it to estimate how an awful lot of funding made today may be worth it in the future.
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Answer:
Opinion Leader.
Explanation:
Opinion Leader: They can be individual or organization who has the ability to influence people´s choices, belief, etc, They are expert and have a vast knowledge of the specific domain. They have built credibility over the period of time by their work. These individuals can be from any field or department.
In the given case, Olivia is intelligent and outgoing leader. Students in the marketing degree program look for her advice in the range of academic and professional issues. Therefore, it is evident that she is expert in her field and she is an opinion leader.
The two examples of persuasive business message are:
- Employees can take two 30-minute breaks during an eight-hour workday.
- Won’t you help our company join the green movement by separating the wet and dry waste in your recycling containers?
<h3>What are persuasive message?</h3>
Persuasive message are message sent to client in order to persuade them to buy into business idea or convince them to buy goods.
Therefore, The two examples of persuasive business message are:
- Employees can take two 30-minute breaks during an eight-hour workday.
- Won’t you help our company join the green movement by separating the wet and dry waste in your recycling containers?
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B..................................
Considering the available options, Common stock's par value "<u>has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies."</u>
Also, Common Stock's par value "<u>was introduced to prevent bankrupt companies from unfairly distributing company resources."</u>
Again, Common Stock's par value "<u>affects how common stock is recorded."</u>
Generally, Common stock's par value is the amount or price of stock shown on the bond certificate. It is usually between $0.10 to $0.01.
Hence, in this case, it is concluded that the correct answer is options A, C, and D.
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