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antiseptic1488 [7]
2 years ago
6

Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each

year, she will deposit $570 in her local bank, which pays her 6% annual interest. Luana decides that she will continue to do this for the next four years. Luana savings are an example of an annuity. How much will she save by the end of four years?
Business
1 answer:
Zina [86]2 years ago
6 0

Answer:

Luana will save $2,493.522

Explanation:

Given:

Luana will deposit $570 every year for 4 years. This is an annuity as same amount is deposited every year.

Rate is 6% or 0.06

We have to compute Luana's savings at the end of 4th year.

Refer future value of annuity factor table at 6%, 4th year. Annuity factor is 4.3746.

Savings = Yearly deposit × Annuity factor

             = 570 × 4.3746

             = $2,493.522

Therefore, Luana will save $2,493.522 by the end of 4 years.

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Answer:

The correct answer is False.

Explanation:

Mediation is an alternative method of resolving conflicts, which has the intrinsic purpose of reaching the integral solution of a conflict between parties (they can be two or more people), thus avoiding reaching the judicial instance. The guiding principles that guide and implement mediation are: confidentiality, voluntariness, orality between the parties and full communication between them, the impartiality of the intervening mediator and the neutrality of the mediator regarding the matter brought into question.

It is based on democracy, social pacification, individual and social dialogue, respect, and consensus for coexistence. It consists of the intervention of a third party in a conflict, the mediator, in order to facilitate the rapprochement of the opposing parties and promote a negotiation process that allows reaching an agreement agreed and accepted by the parties that ends the conflict.

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Answer:

The correct answer is A

Explanation:

Value network is the graphical illustration of the technical as well as social resources among the firms and how they are utilized. And the nodes in the value network states the people, which are connected or linked through the interactions which represent the deliverables.

So, the accurate statement is that it is a system of the alliances and the partnerships which firm creates to augment, deliver and source its offerings.

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3 years ago
You receive $100 today, $200 in one year, and $300 in two years. if you deposit these cash flows into an account earning 10 perc
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Answer:

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Explanation:

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$100                         1.1449                $114.49

$200                         1.07                   $214

$300                          1                        $300

Future value                                                  $628.49

The discount factor is as follows

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The suggestion that does not depend on the support of a parent or guardian would be 'chipping away at the student loans or getting a secured credit card' as it lays the responsibility on the shoulders of the student which does not require parents' backing. The supportive parents always tend to offer every possible opportunity to their child upto the extent they can afford to provide a better experience and future to their kid.

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