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nevsk [136]
3 years ago
15

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil

l provide $ 1 comma 000 $1,000 in the first​ year, and will grow by 6 6​% per​ year, forever. If the interest rate is 12 12​%, how much must Martin provide to fund this​ bequest?
Business
1 answer:
8090 [49]3 years ago
3 0

Answer:

$16,667

Explanation:

Given that

Cash flows = $1,000

Growth rate = 6%

Interest rate = 12%

So by considering the above information, the amount would be

Amount = Cash flows ÷ (Interest rate - growth rate)

= $1,000 ÷ (12% - 6%)

= $16,667

We simply applied the above formula so that the amount could come by considering the given information

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Compile a job advertisement for a receptionist vacancy
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Answer:

<h2>                     RECEPTIONIST NEEDED - FRONT DESK</h2>

 <em>JustJay Limited is looking to hire a young and vibrant young person to join</em>

<em>                       our team as a receptionist for the front desk. </em>

<h2>Responsibilities</h2>
  1. Welcoming clients and prospective clients.
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<h2>Qualifications</h2>
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                         WE OFFER ATTRACTIVE PACKGAGES.

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3 0
3 years ago
Which of the following is NOT true about drug and alcohol tests? Multiple Choice Job applicants can be tested before making an o
natima [27]

Answer:

Job applicants can be tested selectively.

Explanation:

  • This statement is not true about drug and alcohol tests because if one person who is having a job application is tested, other with the same job application should be tested to. If the people are choosing one person to do the test, that person can feel offended by the company.

Other statements in this question are true, job applicants can be tested after hiring and that is something that is often happening in the companies. Also, in some countries or laws or company they can or cannot be tested because of the law. First answer is also true because it is considering only Multiple Choice Job applicants.

8 0
3 years ago
The term "utilization" denotes the fraction of time a resource is busy. Let's say your workload gradually increases, from you no
DaniilM [7]

Answer:

The term "utilization" denotes the fraction of time a resource is busy. Let's say your workload gradually increases, from you not being busy at all, to the point where you are now busy just less than half the time, meaning your utilization is now approaching 50%. Let's further say that your workload will continue to increase from here. If your workload quadruples from its current level, how many extra people should you hire to be able to handle all the work (assume that any person you hire will be exactly as productive as you)?

4 people

Explanation:

Since the utilization at 50% means half work done then if its quadruples, it means the work rate will increase to 200%. Only 4 people would be able to match same strength as the initial self.

6 0
3 years ago
The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Sales $12,000 Current assets $2
julsineya [31]

Answer:

11.46%

Explanation:

The computation of the sustainable growth rate is shown below:-

Return on equity = $3,168 ÷ $18,480

= 17.14%

Retention ratio = 60%

Sustanble growth rate = Return on equity × Retention ratio ÷ (1 - Return on equity × Retention ratio)

= 17.14 × 0.60 ÷ (1 - 17.14% × 0.60)

= 11.46283829 %

or

= 11.46%

So, for computing the sustainable growth rate we simply applied the above formula.

7 0
3 years ago
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