Answer:
The present value of the annuity is $73,091.50
Explanation:
Use the following formula to calculate the present value of the annuity
Present value of annuity = ( Annuity Payment x Annuity factor for first 6 years ) + [ ( Annuity Payment x Annuity factor for after 6 years ) x Present value factor for 6 years ]
Where
Annuity Payment = $1,000
Annuity factor for first 6 years = 1 - ( 1 + 16%/12 )^-(6x12) / 16%/12 = 46.10028344
Annuity factor for after 6 years = 1 - ( 1 + 13%/12 )^-((17-6)x12) / 13%/12 = 70.0471029820
Present value factor for 6 years = ( 1 + 16%/12)^-(6x12) = 0.385329554163
Placing values in the formula
Present value of annuity = ( $1,000 x 46.10028344 ) + [ ( $1,000 x 70.0471029820 ) x 0.385329554163 ]
Present value of annuity = $46,100.28 + $26,991.22
Present value of annuity = $73,091.50
Answer:
False
Explanation:
Managers exercise legitimate and coercive power. Their power is legitimate since it is lawful owing to the job position and their tasks and duties. It is coercive since it induces the subordinates to perform their tasks in a certain way and at times subject them to performance pressure so as they work efficiently.
Experts and referent represent personal or individual power possessed by an individual, independent of the job position he/she occupies. These may arise more out of an individual's own knowledge and information one possesses or on account of personal traits and do not represent a power which has been delegated.
Such powers may collide when an individual is promoted and when required to manage those, who were earlier his/her colleagues.
I would say to think about what you may or may not be interested in. If you know there are any jobs in particular that you are already interested in, or are put off by, keep that in mind so that you have some idea of where you want to flock to during the fair.
Another thing to keep in mind is that even though a particular subject may seen very off putting to you, do not just put it aside and never look further into jobs around that area. Just because you hate math doesn't mean that there are no mathematical jobs you may find interest in. Keep an open mind to all fields of study.
<span>Telecom company is preparing its annual cash budget. What is the best place to locate the amounts for the purchase of a new building? Capital expenditures budget. When a company is wanting to upgrade asset such as property and equipment they usually have money set aside for when the time comes. The money set aside is located in the capital expenditures budget. Capital expenditures budget is also known as CapEx.</span>
