Answer: Normally sets the financial objectives first, and then sets the objectives in the other perspectives to accomplish the financial objectives.
Explanation:
The Balanced Scorecard Approach is a method of measuring the internal business environment's effectiveness.
It is used to improve the parts of the internal business Environment that are in need of improvement which then has the domino effect of improving facets of the external business environment as well.
It has 4 areas that it focuses on in the business, which are Learning and Growth, Business Processes, Customers, and Finance.
The financial objectives are usually set first and then the other areas have objectives set up in such a way that the Financial objectives are accomplished.
Answer:
Final Value= $51,312.68
Explanation:
Giving the following information:
Monthly deposit= $150
Interest rate= 0.06/12= 0.005
Number of months= 9*12= 108
First, we need to calculate the future value of the first investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {150*[(1.005^108)-1]} / 0.005
FV= $21,410.99
The second part of the investment:
Number of years= 15
Annual interest rate= 6%
<u>I will assume that the interest rate is annually compounded now. </u>If this is not the case, just change the interest rate (0.005) and "n" (15*12=180)
We need to use the following formula:
FV= PV*(1+i)^n
FV=21,410.99* (1.06^15)
FV= $51,312.68
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year.
First, we need to determine the final value with the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Then, we can calculate the present value with the following formula:
PV= FV/(1+i)^n
A)i=11%
FV= {15400*[(1.11^9)-1]}/0.11
FV= $218,125.17
PV= 218,125.17/(1.11^9)= $85,270.53
B) i= 6%
FV= {15400*[(1.06^9)-1]}/0.06
FV= $176,966.27
PV= 176,966.27/(1.06^9)= $104,746.06
C) i= 16%
FV= $269,785.02
PV= $70,940.77
B bc if the food DLC do gas so gc coo be fb bl