Answer:
B
Explanation:
We are to find the present value of the annuity
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow each year from year 1 to 10 = $4,800
I = 5%
Present value = 37,064.16
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
$ 1200
Explanation:
In the question, the total training hour is not given. Let us assume that the total training hour be 40 hours.
Given :
The cost of training an employee = $ 30 per hour
Therefore, training cost of each employee will be = training cost per hour x total number of training hours.
= $ 30 x 40
= $ 1200
Therefore, the training cost of each employee is $ 1200
