Answer:
He must deposit $10,168.07 per year to reach the future value of $1,000,000.
Explanation:
Giving the following information:
Final value= 1,000,000
n= 25
Interest rate= 10%
We need to calculate the annual deposit necessary to reach the goal of $1,000,000.
To calculate the annual deposit, we need to use the following variation of the future value formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,000,000*0.1) / [(1.10^25) - 1]
A= $10,168.07
He must deposit $10,168.07 per year to reach the future value of $1,000,000.
Answer:
International strategic alliance
Explanation:
A strategic alliance is an understanding between two or more independent companies to cooperate in business for the mutual benefit of all. An international strategic alliance will involve cooperation between countries in different countries. A multi-national has a presence in many countries, with each branch operating with a certain degree of independence.
A multi-national or a global competitor can shift its operation with relative ease between countries that it has branches. If the business condition turns hostile in one country, a multi-national can move its operations to a country with a better trading environment. This will represent an international strategic alliance, which is one advantage of multi-nationals.
I don't think there's anything more annoying than the ISP monopolies, specifically Comcast which has most of the US I believe. They never bother to upgrade their services only their prices and stupid cable bundle packages. I'm lucky enough to live in a large metropolitan area where a new fiber internet company just started up but before this last year there were only two ISP choices; Comcast or Century link. Suburban and rural areas typically only get one choice; expensive slow internet service from a local ISP monopoly.
By asking questions and demonstration. In this way, you would be able to understand the instructions fully. With the help of demonstration, it will help you understand on what to do while by asking questions, it allows you to understand the whole procedure and its importance.
