Answer:
The correct answer is $45,720.
Explanation:
According to the scenario, the given data are as follows:
Payment (pmt) = $16,000
Rate of interest (R)= 3.5% = .035
Time (t) = 30 years
Time (compounded daily ) (n) = 365days
(nt) = 365 ×30 = 10950 days
So, we can calculate future value after 30 years by using following formula:
FV = pmt × 
= $16,000 × 
= $16,000 × 2.8575
= $45,720
Hence, the future value after 30 years will be $45,720.
Net pay = gross pay minus deduction
459.32 - (33.19 + 82.91) = 343.22
Net pay = $343.22
Answer:
a.
Explanation:
The main difference between these two types of decisions is that unlike nonprogrammed decisions, programmed decisions are made in response to recurring organizational problems. That is because programmed decisions are decisions that are made based on an already created guideline or procedure due to the problem occurring various times before.
Answer:
a. 79
Explanation:
Opportunity cost can simply be defined as the alternative forgone. That is, opportunity cost is that good, commodity or service or whatsoever is sacrificed in order to obtain another. In economics, it is known as real cost. Thus in the question above, Jose employes strategy A such that when he prepares for two exams in one evening, the opportunity cost of receiving a 94 point on Economics exam is 79 points on the statistics.
