In a 100 percent capitalist structure, there are basically
two advantages that the owners are offered:
1. They can make as much profit as they desire, as long as they are
hardworking and the market permits it.
2. They don’t have to bother themselves about the welfare of their workers.
Answer:
Monthly payment = $469.701
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest. </em>
The monthly equal installment is calculated as follows:
Monthly equal installment= Loan amount/Monthly annuity factor
Loan amount = 20,000
Monthly annuity factor =
=( 1-(1+r)^(-n))/r
r- Monthly interest rate (r)
= 6/12= 0.5%
n- Number of months ( n) = 20 × 4 = 48
Annuity factor
= ( 1- (1.005)^(-48)/0.005= 42.5803
Monthly installment= 20,000 /42.5803 = $469.701
Monthly installment = $469.701
Monthly payment = $469.701
It is and should be the managers job to do that
The term is SOCIAL ENGINEERING.
Social engineering is the art of manipulating people into breaking information security procedures or to give away confidential information which they have at their disposal.<span />
