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Answer:
Total FV= $1,220,441.33
Explanation:
<u>First, we need to calculate the value of the $200 for 20 years. To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
A= 200
n= 20*12= 240
Intertest rate= 0.07/12= 0.005833
FV= {200*[(1.005833^240) - 1]} / 0.005833
FV= $104,180.27
<u>Now, the value of the $300 for 30 years. At the same time, the future amount of the first investment. Each one with its separate formula. </u>
$300 monthly investment:
n= 300*12= 360
FV= {300*[(1.005833^360) - 1]} / 0.005833
FV= $365,962.41
$104,180.27 investment:
FV= PV*(1+i)^n
FV= 104,180.27*(1.005833^360)
FV= $854,478,92
<u>Finally, the total FV:</u>
Total FV= 854,478.92 + 365,962.41
Total FV= $1,220,441.33
Answer:
outstanding checks at the end of December = $14,748
Explanation:
Checks Written
November $53300
December <u>$72910</u>
<u>126,210</u>
Checks Presented
November $48776
December <u>$62686</u>
<u>1111,462</u>
<u />
<u />
<u>126,210</u> - <u>1111,462 = 14,748</u>
The most common method used for training non-managerial employees is on the job training (OJT).
On-the-job training (OJT) is a hands-on approach to acquiring new competencies and skills required for work in a real work environment.
Often used to learn how to use a particular tool or equipment in a real work practice, simulation, or training environment.
Instead of showing employees presentations and handing out worksheets, employees learn about the job by doing it. This training takes place in the workplace under the direction of a supervisor, manager or other competent employee.
As part of the introduction phase, new employees will have a close look at all future work processes. They learn what to expect in the workplace, how to operate equipment, and other skills necessary to succeed on the job.
To know more about employees, visit:-
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<span>Small populations are subject to changes in allele frequencies simply due to random chance, such as the accidental death of an individual. This process is known as genetic drift.
Genetic drift refers to some changes in the gene variant (allele) which leads to survival or death of a certain organism.
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