Answer:
1) 3.7 years
2) $2,448.89
Explanation:
1. Amount in bank = $3,400
Return, r = 11% = 0.11
Future value = $5,000
Now,
Future value = Principle × ( 1 + r )ⁿ
here,
n is the time
$5,000 = $3,400 × ( 1 + 0.11 )ⁿ
or
1.4706 = 1.11ⁿ
taking log both sides
log(1.4706) = log(1.11ⁿ)
also,
log(aᵇ) = b × log(a)
Thus,
log(1.4706) = n × log(1.11)
0.1675 = n × 0.0453
or
n = 3.69 ≈ 3.7 years
2) Amount to repay = $3,000
Interest = 7% = 0.07
Time, n = 3 years
Now,
Future value = Principle × ( 1 + r )ⁿ
or
$3,000 = Principle × ( 1 + 0.07 )³
or
$3,000 = Principle × 1.225043
or
Principle = $2,448.89
Hence,
Amount to be set aside = $2,448.89
I believe the answer is: c. electronic resume
An electronic resume could be distinguished by lack of color or images and typically written under plain text (ASCII), PDF or HTML format. The purpose of an electronic resume is if the employers are using computer program to scan the resume rather than a human being.
<span>Time sensitive emails are a great chance to convert more visitors into customers and accumulate an abundance of sales. The time restrictions act as an incentive for prospective or current customers to make a decision to purchase a service or product. The time limitation nudges at the consumer to take advantage of the exclusivity being offered, so when coupled with a discount or freebie, time sensitive emails are effective at stirring up sale activities.</span>
Answer:
Avoids coordination expenses and delays.
Explanation:
Outsourcing can be defined as a type of business practice in which an organization assigns some of its activities to a third party. It can also be described as the practice in which a company hires another company to carry out various operations and tasks.
The importance of outsourcing include:
- It gives the organization access to more skilled individuals.
- it lowers the cost of production.
- it provides more flexibility to the employees.
- it enables the company to concentrate on more vital operations.
Answer:
it would be C the absolute change in the price level from one period to another.
