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3 years ago

How can optimism help you as an entrepreneur?

Business

2 answers:

Ilia_Sergeevich [38]3 years ago

7 0

It helps you stay positive through difficulties and obstacles.

bulgar [2K]3 years ago

4 0

Being an entrepreneur can be very stressful and sometimes seem like you may not reach your goal. Optimism can calm you down to make the decision that is better over time rather than rushing into a bad decision that seems good.

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Since your first birthday, your grandparents have been depositing $140 into a savings account every month. The account pays 12%

guajiro [1.7K]

Answer:

The correct answer is: $5,140.80.

Explanation:

Simple Interest is a quick method of calculating the interest charged on a loan or the interest accrued out of an investment. It is determined by multiplying the interest rate by the principal by the number of periods. It is one of the most common methods used in finance to calculate the return on certain investments.

In the example, the number of years considered to calculate the interest is 17 because the 18th year on interest is realized by the end of that year. Thus:

Deposit per year: $140
Interest per year: $140 x 12% = $16.80
Interest accrued: $16,8 x 17 = $285.60

Total savings: (Deposit per year x number of years) + interest accrued
Total savings: ($140 x 18) + $285.60
Total savings: $5,140.80

5 0

3 years ago

After 30 selfless years of service to our company, Renalda Garwacki has chosen to take a little more time for herself. With a ne

IgorC [24]

Answer:

Semi-indirect organizational pattern is the answer.

Explanation:

The paragraph uses a semi-indirect organizational pattern. The purpose of the paragraph is to inform other employees about Renalda's contribution to the organization and that she will be leaving the company while in the end it is directly pointed to Renalda herself.

6 0

3 years ago

In one or two sentences, describe why decisions are based on expected costs and benefits.

kow [346]

<span>Generally, man wants to engage in feasible business or investment that will bring profits or benefits. Because of this, before engaging in the business or purchasing of a product, he usually weights the costs and the benefits that will be derived. If the benefits are higher than the costs, he will usually be ready to engage in the business or buy the product, but if the reverse is the case, he will see no reason for engaging in such a business.</span><span />

7 0

3 years ago

Donna has a home currently worth $142,000, for which she still owes $63,000 on her mortgage. She has $18,000 in student loan deb

Elan Coil [88]

Answer:

$49,000

Explanation:

Donna's net worth is the total value of her assets minus the total value of her liabilities.

Donna's total assets = $142,000 + $1,000 = $143,000

Donna's total liabilities = $63,000 + $18,000 + $13,000 = $94,000

Donna's net worth = $143,000 - $94,000 = $49,000

8 0

3 years ago

You will receive $5,000 a year in real terms for the next 5 years. Each payment will be received at the end of the period with t

photoshop1234 [79]

Answer:

$20,229.5

Explanation:

Given:

Amount to be received = $5,000

Time period, n = 5 years

nominal discount rate = 10.725%

inflation rate = 3 percent

Now,

Using the Fischer's relation, we have

1 + Nominal rate = ( 1 + Real rate ) × ( 1 + Inflation )

on substituting the values, we get

( 1 + 10.725% ) = ( 1 + Real rate ) × ( 1 + 3% )

1.10725 = ( 1 + Real rate ) × 1.03

( 1 + Real rate ) = 1.075

Real rate = 1.075 - 1 = 0.075 or 7.5%

Thus,

Present Value of an ordinary annuity that makes $5000 every year payment for 5 years will be calculates as:

Present value = Monthly payment × $[\frac{(1-(1+r^{-n})}{r}]$

Present value = $5000\times[\frac{1 - (1 + 0.075)^{-5}}{0.075}]$

Present value = 5000 × 4.0459

Present value = $20,229.5

3 0

3 years ago