Answer: Directive Leadership
Jody manages the sales team for a sports equipment manufacturer. Sales have been slipping downward at an alarming rate thus Jody called a department meeting and set sales goals that the team need to meet. She doesn't care how they meet their goals; she just wants them to do it. Based on this path-goal theory, Jody is using a <span>directive style of leadership.</span>
<span>This is the future value of a business. It is what the business is expected to be worth at some future date, given rates of return, interest, and other variables that could increase or decrease the company's value. This may be greater or less than the present value, depending on how the business is slated to perform over the agreed-upon time period.</span>
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT monthly deposits 102
R interest rate 0.025
K compounded monthly 12
N time 65−35=30 years
Fv=102×(((1+0.025÷12)^(12
×30)−1)÷(0.025÷12))
=54,607.49
Hope it helps
