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otez555 [7]
4 years ago
7

Everyone in the Tagi tribe agreed to vote out Gervasse at the next tribal council. Their 39-day project to make it to the final

four together was two steps away from completion. This project group is in the:
A) storming stage of group development.
B) performing stage of group development.
C) forming stage of group development.
D) norming stage of group development.
Business
1 answer:
Scilla [17]4 years ago
8 0

Answer:

B) performing stage of group development.

Explanation:

The stages in group development are

  • forming.
  • storming.
  • norming.
  • performing.
  • adjourning.

In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.

In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.

In the norming stage, members agree on operating procedures and seek to work together.

In the the performing stage, finally committing to the project development process. Group members work to accomplish the project and display a level of competence.

In the adjourning stage, once their work is done, group is disband.

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Answer:

The highest affordable APR is 7.192%.

Explanation:

A person wants to borrow $93,000 from local bank to buy a new sailboat.

The maximum affordable monthly payment or EMI is $1,850.

The loan period is 60 months.

Suppose, monthly interest rate = r

93000 = 1850\ \times\ \frac{ \frac{1\ -\ 1}{(1+r)^6^0}}{r}

At r =.6 %

Present value of loan repayment = $92984.94

At r=.5%

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Through the method of interpolation,

r= .5% + ((95692.29 - 93000)/( 95692.29 - 92984.94))*(.6% - .5%)

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= 7.192%.

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