Answer:
PV= $7593.12
Explanation:
Giving the following information:
We have 19 equal payments of $41,000 at a rate of 9 %, compounded annually. We need to find the present value.
First, we need to calculate the final value with the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {41,000*[[1.09^19)-1]}/0.09= $1,886,756.79
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 1886756.79/1.09^64= $7593.12
Answer:
By asking self reflective questions like–
Would I like to work for someone else, or be my own boss?
Explanation:
By so doing, it allows you to know your strengths and can you make right job choices peculiar to you.
For example, a recent college graduate student John who is very skilled at art may examine himself to know if he prefers to open his own art collection or instead would want to work for an art collection company.
<h2>The given statement is true.</h2>
Explanation:
When we come across the term "Business", there is a sure "risk" involved on it. Without risk no business can run. But we have to be prepared to face the risk. Certain risk should be taken and certain risks should be avoided which would cause sure or severe damage to the organization.
Liability:
"Financial debts associated with the business operation are termed as liability."
So the business persons should be guided to to limit their liability but still needs to exposed to risk to achieve higher profits.
Answer:
A saver buys a bond a corporation has just issued so it can purchase capital.
Explanation:
Direct finance is the process of financing in which the borrower borrows thd fund directly from the financial institution without involving the third party i.e intermediate, broker, etc
In the question, the option b is correct as it derives that a saver could purchase a bond since the corporation issued it so the capital could be purchased
hence, the second option is correct
All of the above sounds about right