An important part of taking meeting minutes is C. PAYING CLOSE AND CAREFUL ATTENTION.
A meeting minutes can be described as a log of chronological event within the meeting. It is a log wherein everything that happened during the meeting is noted. Like who led the meeting, the topics discussed, the questions raised and the answers given. It also records the plans for future discussions and resolutions reached during the meeting.
Answer:
The correct answer is $83230
Explanation:
Solution
Given that:
The Present worth of geometric series is shown below
= A *[1 - (1+g)^n /(1+i)^n] / (i-g)
Now,
The present cost of worth from EOY 5 to EOY 13 at EOY 4 = 7000 *[1 - (1+0.12)^9 /(1+0.15)^9] / (0.15-0.12)
Thus,
= 7000 *[1 - (1.12)^9 /(1.15)^9] / (0.03)
Which is,
= 7000 * 7.0572647
= 49400.85
Now, The NPW of all costs = 35000 + 7000*(P/A,15%,4) + 49400.85*(P/F,15%,4)
= 35000 + 7000*2.854978 + 49400.85*0.571753
= 83229.93
Therefore the sound improvement better result in a net present worth profit of how much to negate the costs is $83229.93 or 83230
Note: EOY = End of year.
Answer:
5.31%
Explanation:
FV = 1000
Coupon rate = 5.7%
No of compound = 2
Interest per period = $28.5
Bond price = $1048
No of years to maturity = 20
No of compounding till maturity = 40
Coupon rate set on new bonds = Rate(Nper, PMT, -PV, FV) * 2
Coupon rate set on new bonds = Rate(40, 28.5, -1048, 1000) * 2
Coupon rate set on new bonds = 0.02655 * 2
Coupon rate set on new bonds = 0.0531
Coupon rate set on new bonds = 5.31%
<span>The goal of utility maximization is to allocate your resources in order to maximize your satisfaction.
Utility maximization is a concept which is used in the economics which explains that when a person is making a decision to purchase anything, he/she prefer to get the greatest value that is possible but at the least amount of money.
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