Answer:
The prize is worth 4.26 million dollars today.
Explanation:
Giving the following information:
Cash flow= $500,000
Interest rate= 10% compounded annually
Number of years= 20
First, we will calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {500,000*[(1.10^20) - 1]} / 0.10
FV= $28,637,499.75
Now, the present value:
PV= FV/(1+i)^n
PV= 28,637,499.75/1.10^20
PV= $4,256,781.86
The prize is worth 4.26 million dollars today.
Answer:
a wage is a specific amount of money paid per business day
Occurred on September 29, 2008
hit pre-recession high on October 9, 2007
more info in link:
https://www.thebalance.com/stock-market-crash-of-2008-3305535
Answer:
Solution attached in picture
Explanation:
<h2>Technical skills are really essential. But upon technical skill, soft skills are mandatory to have a successful career.</h2>
Explanation:
Communication: The most important to covey from low level to high level and vice-versa.
Leadership skill: The see the growth visibly. An essential skill for both employer and employee.
Crisis management: Employee should possess this skill to handle challenging situation
Negotiation: Which is really important both for work life and personal life. This is required in all the levels of hierarchy.
Collaboration: Required to work as a team
Problem-solving: The skill which would be tested in various interviews in all the levels.