Answer:
TRUE
Explanation:
Take-home pay is the gross pay minus all deductions. Deductions include statutory and voluntary deductions. Take home is the money that gets to the employee's bank account.
In most households saving and investment are done after meeting the basic expenses. In other words, people will save or invest after meeting their basic needs. Therefore, take home minus total expenses necessary for life is saving and investment
Answer: You can know if you have differentiated products if we have a quality that stands out from the other competitors.
For example: Our service time is less than the competition and we also give gifts to our buyers, things that the competition does not do.
The basis for differentiation is to look for that quality that the competition does not have and that adds value to what we are doing.
One way for a country to curb runaway inflation is to impose price controls. The price controls a government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation. In addition, polycentric pricing allows management in each global market to establish its own prices and market holding strategy is often used in response to unfavorable currency swings
Answer:
The requirement of the question is as below:
How much must Alan deposit on January 1? (Round your final answer to the nearest whole dollar amount.)
What is the interest for the four years? (Round your final answer to the nearest whole dollar amount.)
Alan deposit on January 1 is $ 58,802.39
Interest for four years is $21,197.61
Explanation:
The first is asking for today's worth of the investment,which is the amount to be invested,this can be computed using the present value as shown below:
PV=FV*(1+r)^-n
PV is the present value
FV is the worth of the investment in 4 years from now which is $80,000
r is the rate of return of 8%
n is the number of years of investment which is 4 years
PV=$80,000*(1+8%)^-4
PV=$80,0008(1+0.08)^-4
PV=$80,000*(1.08)^-4
PV =$ 58,802.39
interest for four years=FV-PV
interest for four years=$80,000-$ 58,802.39
=$21,197.61
Answer:
b. $5,360
Explanation:
Using a financial calculator with CF function, find the Net present value (NPV) of this projects cashflows;
Initial investment; CF0 = -20,000
Yr 1 cash inflow; C01 = 8,000
Yr 2 cash inflow; C02 = 8,000
Yr 3 cash inflow; C03 = 8,000
Yr 4 cash inflow; C04 = 8,000
and annual interest rate; I/Y = 10%
then compute net present value; CPT NPV = 5,358.924
Therefore, the NPV will be closest to $5,360
