Answer:
Jordan
Explanation:
Given that :
JORDAN :
Principal (P) = $100
Compound interest rate (r) = 3%
AMOUNT AFTER 3 YEARS:
A = P(1 + r/n)^nt
n = number of times interest is applied per period
t = time ; A = final amount
A = 100(1 + 0.03)^3
A = 100(1.03)^3
A = 100(1.092727)
A = $109.2727
JUSTIN :
Principal = $100
SIMPLE INTEREST interest rate = 3%
A = P(1 + rt)
A = 100(1 +(0.03 * 3))
A = 100(1 + 0.09)
A = 100(1.09)
A = 1.09 * 100
A = final amount after 3 years = $109
Answer: The speed and effectiveness of decision making are enhanced.
Explanation:
Product departmentalization involves dividing the various products produced by an organization into different departments which are supervised by their own managers. An advantage of product departmentalization is that it would ensure that decisions are made faster as each product has its own manager in charge of decision making.
If the question is trying to ask whether it is true or false, the answer is false. It is because whatever you chose or the decisions you make, there is always a cause, or things affecting your decision in which you will be held accountable for such as the statement above implies, you are accountable of resources and such when you choose.
Answer:
A court will most likely;
1. Allows the parties to rescind the contract.
Explanation:
The contract includes all the costs of insuring and shipping the painting from France to New York.
Since, the agent that made the shipping estimate makes a mistake when adding up the costs and, as a result, the shipping cost listed in the contract is $1,000 less than the actual shipping costs. A court will most likely allow the parties to rescind the contract because a part of the contract agreement has been breached in error.
Answer:
the net present value equals zero
Explanation:
Net present value method: In this method, the initial investment is subtracted from the discounted present value cash inflows. If the amount comes in positive than the project is beneficial for the company otherwise not.
Internal rate of return: The internal rate of return is that return at which the net present value is equal to zero which means that the internal rate of return is the same as the project required rate of return
