Answer:
$ 1,586.8743
Explanation:
Calculation to determine what will be the value of the certificate when it matures
Compounded annually
Principal P= 1000
Rate r=0.08
Period n = 6
Using this formula
A = P (1+r)^n
Let plug in the formula
1000 (1.08)^6
= 1586.8743
Therefore what will be the value of the certificate when it matures is $1586.8743
Answer:
The question is not complete,find below complete questions:
If you purchased a $50 face value bond in early 2017 at the then current interest rate of .10 percent per year, how much would the bond be worth in 2027? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. In 2027, instead of cashing the bond in for its then current value, you decide to hold the bond until it doubles in face value in 2037. What annual rate of return will you earn over the last 10 years?
The bond is worth $50.50 in the year 2027
The annual rate of return is 7.07%
Explanation:
The future value of the bond is given by the below formula:
FV=PV*(1+r)^N
where PV is the present of the bond of $50
r is the rate of return of 0.10 percent=0.001
N is the duration of the bond investment of 10 years
FV=50*(1+0.001
)^10
FV=$50.50
However for the face of the bond to double i.e to $100, the rate of return can be computed thus:
r=(FV/PV)^(1/N)-1
where FV=$100 (double of $50)
FV=$50.50(current value in 2027)
N=10
r=($100/$50.50)^(1/10)-1
r=0.070707543
r=7.07%
Answer:
return on investment
Explanation:
At the time of calculating the markup that used for the formula of cost plus pricing many companies would base the markup on the target return on investment as the return on investment considered the net operating income as it takes after considering all the other type of cost
Therefore as per the given situation the first option is correct
Answer:
= $40,950
Explanation:
<em>The consumer price index is used to measure the rate of inflation and increase in price level over a period of time. </em>
<em>A change in price index from 220 to 231 indicate an inflation rate of 5%</em>
Therefore, year 2009 spending of $39,000 in 2014 dollars will equal
= 231/220 × 39,000
= $40,950
Year 2009 spending of $39,000 in 2014 dollars =$40,950
Answer:
C) One worker can easily sabotage the productivity of other workers.
Explanation:
This is a form of compensation by merit that comprises the performance of a team as a whole, so this is a way of motivating both group work and individual work.
In the scenario above, we can see that this compensation plan would be effective in leveraging the performance of individual workers, and of teams, because if each member of the team is more productive, it will benefit the team as a whole. And this method will not affect the productivity of other teams, as each team will be encouraged and engaged to do the best job possible to achieve merit pay.
The alternative that does not correspond to the question that this incentive may be better than other methods to motivate workers to work harder, is the one that says that a worker can sabotage the productivity of other workers, as that worker is also likely to be engaged in not sabotaging the work of other team members, as the remuneration bonuses depend on the effort of the entire team to work together, and not just one employee.