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HACTEHA [7]
3 years ago
11

One of the advantages of salaried work is that your pay is consistent. True or False?

Business
2 answers:
serious [3.7K]3 years ago
8 0

Answer:

True

Explanation:

There are different advantages of being a salaried employee, the main ones are:

A fixed salary at the end of the month

Having a salary at the end of the month gives you security and peace of mind when facing basic payments to survive. You will not have to worry about not being able to pay rent, food or give yourself the odd whim.You should not claim a customer who pays you or look for alternative ways to generate income, your payroll will arrive regularly every end of the month.

Stability

This has changed a lot lately but, in theory, if you have signed an indefinite contract you should not worry about having to look for work in a long time.

Comfort

You have a boss who tells you what you should do, so you should not worry about thinking that tasks are better and priority for the business. All you have to do is get to work, do what they tell you (like or no) and go home without thinking about work until the next day.

Bess [88]3 years ago
6 0
This is true..............................
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Assume you're using a three button mouse to access a short cut, you would
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I believe its the right sided button. 

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Luca, the operations manager a company that produces ground coffee beans, wants to know the sequence of the production process i
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Therefore, the use of Flow-chart will suit Luca's requirement to know the sequence of the production process.

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4 0
3 years ago
A University is offering a charitable gift program. A former student who is now 50 years old is consider the following offer: Th
xenn [34]

Answer:

The value of this deferred annuity today on his 50th birthday is <u>$2,621.27</u>.

Explanation:

Since the student's desired return of 6% will also start to be paid starting on his 65th birthday, the value of this deferred annuity today on his 50th birthday can be calculated by first calculating the value of the investment on the 65th birthday.

We therefore proceed with the following two steps:

Step 1: Calculation of the value of the investment on the 65th birthday

The value of the investment on the 65th birthday can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV at 65 = Present value of the annuity at 65th birthday =?

P = Annuity payment = Invested amount * Student's desired return = $8,900 * 6% = $534

r = Student's desired return rate = 6%, or 0.06

n = number of more years anticipate to live after 65th birthday = 21

Substitute the values into equation (1) to have:

PV at 65 = $534 * ((1 - (1 / (1 + 0.06))^21) / 0.06)

PV at 65 = $534 * 11.764076621288

PV at 65 = $6,282.02

Therefore, the value of the investment on the 65th birthday is $6,282.02.

Step 2: Calculation of the value of this deferred annuity today on his 50th birthday

The value of this deferred annuity today on his 50th birthday can therefore be calculated using the simple present value for as follows:

PV at 50 = PV at 65 / (1 + r)^N …………………………….. (2)

Where;

PV at 50 = the value of this deferred annuity today on his 50th birthday = ?

PV at 65 = Present value of the annuity at 65th birthday = $6,282.02

r = Student's desired return rate = 6%, or 0.06

N = number of years from 50th birthday to 65th birthday = 65 - 50 = 15

Substitute the values into equation (2) to have:

PV at 50 = $6,282.02 / (1 + 0.06)^15

PV at 50 = $6,282.02 / 2.39655819309969

PV at 50 = $2,621.27

Therefore, the value of this deferred annuity today on his 50th birthday is <u>$2,621.27</u>.

5 0
3 years ago
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3 0
4 years ago
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