Answer:
1. <em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>
<em>
</em>2<em>. If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John which will be $80,000</em>
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Explanation:
In contributory negligence, the defense completely bars plaintiffs from any recovery if they contribute to their own injury through their own negligence.
<em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>
<em>
</em>
In comparative negligence, the plaintiff's damages is award by the percentage of fault that the fact-finder assigns to the plaintiff for his or her own injury i.e the plaintiff's damage compensation is reduced by percentage of his/her percentage of fault.
<em>If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John</em>
this is 80% of $100,00 which is equal to <em>$80,000</em>
Answer:
3 years
Explanation:
<u>First method</u>
The PV of the investment can be written as:
PV1 = $15,000 + $32,500/(1+0.06)^n
<u>Second method</u>
The PV of the investment can be written as:
PV2 = $23,000 + $23,000/(1+0.06)^n
After n years both projects will be economically equal. Hence their present value must be equal PV1 = PV2
$15,000 + $32,500/(1.06)^n = $23,000 + $23,000/(1.06)^n
$23,000 - $15,000 = $32,500/(1.06)^n - $23,000/(1.06)^n
$8,000 = $9,500/(1.06)^n
(1.06)^n = $9,500/$8,000
(1.06)^n = 1.1875
Taking log on both sides we get:
nlog1.06 = log 1.1875
n = log 1.1875/log 1.06
n = 0.07463361829/0.02530586526
n = 2.94926166417121
n = 3
So, the answer is 3 years
Answer:
The c orrect answer is A.
Explanation:
Giving the following information:
Annual deposit= 1,410
Annual interest rate= 5%
Number of years= 8 years
To calculate the future value of her investment, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1,410*[(1.05^8)-1]}/ 0.05
FV= $13,464.24
Answer:
Competency-based pay helps to tie your company's culture directly to the success of the company. Increased transparency: Employees will better understand what they have the potential to earn with a competency-based pay system and what skills they need to acquire to reach the pay they desire.
1) The percentage of the labor force that belongs to a union is known as the UNIONIZED PERCENTAGE RATIO.
2) The equilibrium wage rate is determined by the point of intersection of labor market supply and labor market demand. Equilibrium wage is the wage where the company agrees to pay and the worker agrees as the value of his work.
3) The effect of union exclusion of nonunion workers is to lower the wages of nonunion workers.
4) A market with one buyer and one seller is a bilateral monopoly. Monopoly is a market with only one seller. Monopsony is a market with only one buyer.
