Answer: 2.91 years
Explanation:
The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.
Please check the attached image for the table explaining how the answer was gotten.
Answer:
James' credit union loan rate is 8.88% APR, the local bank loan rate is 9.34% APR.
Explanation:
Hi, since in both cases payments would be done in a monthly basis, we have to assume that the rate that we are looking for is APR (compounded monthly), and since there is no additional information in regards that 9.25% rate, we can assume that this is effective annually, so let´s convert this effective monthly rate into APR (compounded monthly)
First, we have to convert it into an effective monthly rate, that is:
Then we multiply by 12 and we get 0,088796 , which is 8.88% APR (compounded monthly)
This way James can compare both credits. The cheaper loan is from the credit union.
You're the project manager in your company. An end-user has suggested that everyone undergo extensive training to learn how to use a new system being developed. The next step you should take will be to analyze the impact of including the training in the project.
<h3>
What is the role of the project manager?</h3>
The primary responsibility for designing, carrying out, overseeing, controlling, and wrapping up projects falls on project managers. The entire project scope, the project team and resources, the project budget, and the project's success or failure are all under their responsibility.
<h3>
Is a project manager necessary?</h3>
Teams with project managers can divide a large undertaking into smaller, more manageable tasks. Project managers may manage their teams more effectively and respond to problems more quickly by dividing the project down into a clear sequence of assigned tasks, milestones, and deadlines.
Learn more about project team: brainly.com/question/19569405
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(a) Discount amount = Face value - Price of t-bills = $1,000-$996 = $4
(b) Amount received at maturity = Face value = $1,000 (Note: T-bills are guaranteed and thus one of the safest investment).
(c) Current yield, R = Discount amount/Face value * 360/t, where t = 52 weeks = 360 days.
Then,
R = (4/1000)*(360/360)*100 = 0.4%
Based on the amount paid for the tickets and their fair value, the portion that is entitled to <u>charitable contribution deduction</u> is $75.
When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.
The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:
= 200 - 125
= $75
In conclusion, the answer is $75.
Find out more on <u>charitable contribution deductions</u> at brainly.com/question/8706786.
