Answer:
The number of years is about 21 years
Explanation:
A scheme that allows the withdraw fixed amount of money for a number of years is referred to as annuity
The number of years required to exhaust the fund can be determined using the present of annuity formula
PV = A × (1 - ((1+r)^(-n))/n)
where- PV- Present value, A- annual cash flow, n- number of years
, r- interest rate
500,000= 50000 × (1- (1.08)^(-n)/0.08
500,000/50,000= (1- (1.08)^(-n)/0.08
10 =(1- (1.08)^(-n)/0.08
n = 21
The number of years is about 21 years
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Answer: C. the coattail effect.
Explanation: Coattail effect refers to situations in which the actions of other franchises in one way or the other affects the success or failure of one particular franchise's business.
I believe the answer is: Sociability
Sociability refers to how good a person skills in interacting/communicating with other people. In business environment, sociability is seen as a massive asset since it could improve your work efficiency with your team along with increasing your chance of obtaining a good business opportunities through networking.