Answer:
The correct answer is KISS Rule.
Explanation:
The KISS principle states that most systems work better if they remain simple than if they become complex; Therefore, simplicity should be maintained as a key design objective, and any unnecessary complexity should be avoided.
This principle is registered for the first time in the United States Navy in 1960, and is mainly attributed to Kelly Johnson, chief engineer at Lockheed Skunk Works.
According to FOLDOC, the online dictionary of the Imperial College Department of Computing, possibly has its origin in marketing and sales presentations, to be used later in the development of systems, especially to avoid that the successive developments in the designs are complicated.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Cash flows= $8,000
Grow at a rate of 4% per year indefinitely.
We need to find the present value using the following formula:
Present Value= periodic payment/ (i - g)
i= interest rate
g= growth rate
A) Interest rate= 15%
PV= 8,000/ (0.15 - 0.04)= $72,727.27
B) i= 13%
PV= 8,000/ (0.13 - 0.04)= $88,889
Supply elasticity is the responsiveness of the distribution of a good to the amount charged for a good in economics
Answer:
Results are below.
Explanation:
<u>First, we need to calculate the money required at the time of retirement:</u>
FV= 240,000*25= $6,000,000
<u>Now, using the following formula, we can determine the annual investment:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (6,000,000*0.039) / {[(1.039^17) - 1]
A= $255,373.88