Answer:
The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.
Explanation:
Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.
Given data;
Amount needed to be deposited = $5000
Interest rate = 4.50%
Present Value of Perpetuity = Cash Flows ÷ Interest rate
= $5000 ÷ 0.045
= $111,111
Answer:
Minutes, also known as minutes of meeting, protocols or, informally, notes, are the instant written record of a meeting or hearing
Explanation:
hope this helps
To find all accounts whose current due amounts are greater than $2,500.00 and whose account manager is manager 31, enter each criterion on the same row.
The best answer for this question, would be:
True
B<span>ecause entering each criterion helps track all of the accounts of the exact amount given.</span>
Answer:
The correct answer is option A.
Explanation:
Labor productivity refers to the hourly output of a country's economy.
It is also called workforce productivity. Labor productivity depends on human capital, physical capital and level of technology.
Labor productivity is measured by calculating the ratio of total output and total number of labor hours. It increases with improvement in technology, human capital and increase in physical capital.