Answer:
Monthly savings= $3,584.42
Explanation:
Giving the following information:
Ross has decided that he wants to build enough retirement wealth that, if invested at 6 percent per year, will provide him with $4,600 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires.
First, we need to find the final value.
FV= (4,600*12)*30= $1,656,000
Now, we can calculate the monthly deposit:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
i= 0.06/12= 0.005
n= 20*12= 240
A= (1,656,000*0.005)/[(1.005^240)-1]= 8,280/ 2.31= $3,584.42
Answer:
To ensure that the outsourcing initiative succeeds, even as personnel, business needs, and operating conditions change
Explanation:
Outsourcing
This is simply regarded as a form of an arrangement through which one company in contact with another organization mainly to give or provide services that ordinarily could be provided by company employees.
Reasons why organizations outsource
1. To cut costs
2. To improve focus
3. To upgrade capabilities and services
4. Fasten or accelerate time to market etc.
There are several issues associated with outsourcing. They includes:
1. There is the problem of decreasing employee Morale
2. Quality problems
3. Legal issues
3. Negative impact on customer relationships and satisfaction
4. Data security and integrity issues etc.
The objective of outsourcing is to save money and/or provide better service. It aim to lessen or free up development staff to cutoff peaks and valleys in the staffing cycle.
Project managers should try to limit and decrease the size of teams or subteams to avoid making communications too complex.
<h3>How do project managers manage communication in the workplace?</h3>
Successful project managers communicate through a variety of channels using both formal and informal means. This increases the likelihood that messages will be received. To lessen the likelihood of a communication breakdown, use straightforward language, stay on topic, keep messages brief, and provide all the information in one location.
6 effective methods for project team communication
1. Gather frequently. Hold regular team meetings to discuss strategies. ...
2. Be welcoming. ...
3. Be frank, precise, and succinct. ...
4. Display some decency. ...
5. Realize that you might not always be right. ...
6. Utilize online teamwork tools.
To know more about communication management, visit:
brainly.com/question/1165906?
#SPJ4
Answer:
D. $45,000
Explanation:
The computation of the contribution margin for the Orlando store is
= Total sales × contribution margin percentage - Gainesville sales × contribution margin percentage
= $250,000 × 32% - $100,000 × 35%
= $80,000 - $35,000
= $45,000
Contribution margin is come from deducting Gainesville contribution margin from the total contribution margin
