<span>Simulation is an imitation of a situation or a chance behavior that accurately reflects the situation under consideration. </span>
<span>Steps in conducting a simulation in the correct order (first choice)</span>
• State the problem or question
• State the assumptions,
<span>• Assign digits to represent outcomes,
• Simulate many repetitions
• State your conclusions</span>
Answer: Instrumental
Explanation:
Rational choice theory, is a school of thought which is based on the assumption that individuals will choose a course of action which goes in line with what they personally prefer.
For the instrumental rationality, it has to do with looking for the most cost effective method in order to achieve a particular objective. Therefore, the behavior of corporate executives who outsource jobs to other countries where labor cost is cheaper than in the United States is defined as being instrumental.
The stage where resumes are scanned quickly to allow for many candidates to be eliminated is Stage 1.
<h3>What happens in Stage 1 of resume review?</h3>
When a job is posted, the company usually gets a lot of applications from people.
This is why stage 1 involves the company looking through and eliminating a lot of resumes so that only more needed ones remain.
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As per Indiana Property Tax relief- allocated dollar amount deduction for senior citizens, veterans, and disabled people when the assessed value does not apply is $12,480.
Property taxes in Indiana are relatively low. The average annual property tax paid in Indiana is $1,263, which is less than half of the national average of $2,578. The statewide average effective property tax rate is 0.81%, compared to 1.07% nationally.
Property taxes vary depending on where you live and the value of your home, but the statewide average effective property tax rate is 0.81%. However, homeowners in Indiana who live in their primary residence are eligible for a number of deductions that can lower rates below the national average. Local tax authorities in Indiana, such as schools, counties, townships, and libraries, recalculate tax rates each year. The rates are determined by the total amount of revenue that the tax authority is permitted to collect (the levy) and the total tax base (the total value of net assessed value in the district).
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Answer:
A= $4,838.95 monthly
Explanation:
Giving the following information:
She is currently planning to retire in 30 years and wishes to withdraw $10,000/month for 20 years from her retirement account starting at that time.
First, we need to calculate the amount needed for retirement:
FV= 10,000*12*20= 2,400,000
Now, we can use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
Effective rate= 0.02/12= 0.0017
n= 12*30= 360
A= (2,400,000*0.0017)/[(1.0017^360)-1]
A= $4,838.95 monthly