Answer:
The monthly deposit is calculated using PMT function :
rate = 1.2%/2 (converting annual rate into monthly rate)
nper = 12 * 5 (5 years of deposits with 12 monthly deposits each year)
pv = -3200 (Amount put into account now. This is entered with a negative sign because it is a cash outflow)
fv = 26865 (Required value of account after 5 years)
PMT is calculated to be $379.70.
The monthly deposit is $379.70.
Answer:
The theory of national comparative advantage
Explanation:
The theory of National comparative advantage developed by Micheal porter, emphasizes on the importance of country's factors such as domestic demand and domestic rivalry in explaining a nation's dominance in the production and export of particular products.
It focuses on key concepts such as Firm Strategy, Structure and Rivalry; Factor Conditions; Demand Conditions; and Related and Supporting Industries.
Micheal porter opined that any company’s ability to compete in the international arena is based mainly on these interrelated set of location advantages that certain industries in different nations posses.
Answer:
Holding
Explanation:
When a company or a share holder owns a share which is more than 50 percent share of the company in the market, than than individual or company has a controlling shares in the company.
This gives him the right of deciding the in the meetings of the shareholders and to take control of the company's direction.
Such is an example of a Holding company. A holding company does not produce or manufacture any goods or sell anything. It is a company which owns outstanding stock of other companies and forms a group of companies.
Answer: Millennials spend one-third of their original TV series consumption time watching on digital platforms, with computers driving the majority of that activity.
Explanation:
The report showed that Millennials who are loosely defined as those who were born between the years 1981 and 1996, preferred to watch TV series on digital platforms and when they do watch TV, they do it time-shifted or with a computer connected to the Television and simply projecting what the computer is showing.
This trend by Millennials towards digital platforms was put down to the Millennials' need to watch videos on their own time and these digital platforms offer that by simply putting videos there and leaving you to click on them whenever you want.
The most Sheldon should pay in one calendar year is $9,750
Deductible is a term used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
Given that :
Premium = $250
Deductible = $3500
Maximum out-of-pocket expenses = $6000.
Then, the maximum he should pay in one calendar year is:
= $250 + $3,500 + $6,000
= $9,750
Therefore, the maximum he should pay in one calendar year is $9,750
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