Answer:
B. $323,900.00
Explanation:
Nper = 300 periods
Rate = 8%/12
FV = 0
PMT = $2500
Amount to be Accumulated = PV(Rate,Nper,PMT,FV)
= PV(8%/12,300,2500,0)
= $323911.31
Therefore, The amount to be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for 25 years is $323,900
.
The new price level after the increase in the money supply is 3.3. Therefore, the percentage increase in the money supply is 10%. The percentage change in the price level is 10%. Percentage change in the money supply is the same as the percentage change in the price level.
Answer:
Stimulus diffusion
Explanation:
In simple words, When a concept spreads from its historical flame outwards, the original thought is altered by the future followers which is known as stimulus diffusion. Given of the manner civilization adjusts to various environmental, economic, as well as political contexts, mostly all cultural evicting will include some form of stimulus dissemination.
Thus, from the above we can conclude that the correct answer is stimulus diffusion.
Answer:
The last option is the answer -$141.80
Explanation:
we will use the present value formula for Trish she gets paid every first day of the month therefore she will receive an immediate payment of cash flow which will be added to the present value of future periodic value. Therefore we will find the difference between present values for Trish and Josh which have the same amounts which they'll receive per month.
Given: Trish and josh both receive $450 per month therefore that will be C the monthly future payment that will be received.
They will receive these amounts in a course period of Four years so that will be n = 4 x12=48 because we know that they will receive these payments every month or on a monthly basis for four years. which n represent periodic payments.
i which is the discount rate of 9.5%/12 as we know they will recieve these amounts monthly.
Therefore using the following formulas for present value annuity:
Pv = C[(1-(1+i)^-n)/i] and Pv= C[(1-(1+i)^-n)/i](1+i) then get the difference between these two present values for Trish and Josh.
therefore we will substitute the above values on the above mentioned formula to get the difference:
Pv= 450[(1-(1+9.5%/12)^-48)/(9.5%/12)] - 450[(1-(1+9.5%/12)^-48)/(9.5%/12)](1+9.5%/12) then we compute and get
Pv= $17911.77614 - $18053.5777
Pv = -$141.80 is the difference between the two sets of present values as one has an immediate payment and one doesn't have it.
Answer:
The true statement about the Siemens bribery scandal is:
b The CEO was involved and condoned it.
Explanation:
The 2008 Siemens scandal was an organized and deliberate effort by the company to bribe government officials in order to secure supply contracts from national governments. It was a worldwide act perpetrated by senior management officials with a long-term pattern. The massive bribery attracted a fine of $160 billion. It seems that bribery is an "embedded business culture in the company."
