Answer:
You need to have in mind that you are looking at the present value because the lump sum is worth $50,000 today. You need to compare the present for 10 years of your life would be worth today.
So:
FV=0
N=10 X 12=120
PMT= 641
I=6.5% / 12= 0.5417%
Solve for PV= $56,451.91 (is larger than $50,000)
Question Completion:
2. Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.
a. reference group
b. subculture
c. social class
d. opinion leader
Answer:
Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.
a. a reference group
Explanation:
In Sociology, other people who are not fanatics of Pumpkin Spice Latte (PSL fanatics as they are known) can use the PSL to compare their coffee drinking habits. This means that the Pumpkin Spice Latte fanatics become a comparative reference group for any person who intends to do such relationship comparison. Therefore, the PSL is regarded as aa group for self-evaluation.
The answer to this question is False.
Texas House of Representatives consists of 150 members who are elected by the state and they have a 2 years term. The members of the Texas House of Representatives meet at the House of Representatives chamber of the Texas State Capitol and there is no term limit for being a member of this house.
Answer:
modular design
Explanation:
Modular design is when the faulty part of a system or process is being repaired in a piecemeal instead of replacing the whole system so that they can be more efficient. These means that the faulty parts are broken into smaller units and then rearranged to a larger unit hence increase efficiency. The idea here is not to replace the whole system but to fix or repair or change the faulty area.
Where modular design is adopted by a firm, there would be improvement and consistency in terms of whatever systems or products a firm might be engaging in.
Answer:
The correct answer is True.
Explanation:
Classified shares is a title issued by a company that represents the value of one of the equal fractions into which its share capital is divided. As an investment, it involves an investment in equities, since it does not have a fixed return established by contract, but depends on the good performance of the company.
