Answer: Trade associations are non-profit organizations whose primary purpose is to <u>provide different learning tools for businesses in a particular industry.</u>
Answer:
$63
Explanation:
Calculation for what should the futures price be
Using this formula
Future price=Current spot price (1 + r)
Let plug in the formula
Future price= $60*(1+0.05)
Future price= $60* (1.05)
Future price= $63
Therefore what should the futures price be is $63
Answer:
Operating Machinery
Explanation:
The correct option is - Operating Machinery
Reason -
For a job,
Employers want to make sure you are qualified for the job by having the appropriate degree,
But they also need to know if you have the skill set too.
The top 5 Employment skills are :
- Critical thinking and problem solving
- Teamwork and collaboration
- Professionalism and strong work ethic
- Oral and written communications skills
- Leadership
So,
Communication
, Problem-solving
, Working in Teams are examples of an Employability skill
But Operating Machinery is not an employability skill .
Answer:
a.
Date Received Present Value Value in 1 year Value in 2 years
Today 1,000 $1,050 $1,102.50
In 1 year $952.38 $1,000
In 2 years $907.03 $1,000
Future value in 1 year if $1,000 is received today:
= 1,000 * (1 + 5%)
= $1,050
Future value in 2 years:
= 1,000 * ( 1 + 5%)²
= $1,102.5
Present value if $1,000 received in a year:
= 1,000/(1 + 5%)
= $952.38
If received in 2 years:
= 1,000 / (1 + 5%)²
= $907.03
b. The present value of the gift is <u>smaller</u> if you get engaged in two years than it is if you get engaged in one year.
