Answer:
$2,222,222.22
Explanation:
The data provided in the question
Annual scholarship provided = $100,000
Guaranteed rate of return = 4.5%
So by considering the above information, the amount i.e deposited today is
= Annual scholarship provided ÷ Guaranteed rate of return
= $100,000 ÷ 4.50%
= $2,222,222.22
By dividing the annual scholarship by the rate of return we can get the deposited amount
Answer:
Option (B) is correct.
Explanation:
The Journal entry is as follows:
Interest expense A/c Dr. $625
Note payable A/c Dr. $1791.60
To cash $$2,416.60
(To record the first month’s payment on January 31, 2021)
Working notes:
Monthly interest expense:
= (Note payable × Interest rate per annum) ÷ 12 months
= ($125,000 × 6%) ÷ 12 months
= $625
Note payable = $2,416.60 - $625
= $1,791.60
Research determined that the campaign was very successful
Della, the sales manager, just informed her sales team that all sales in March will earn an extra 5 percent commission. The team gets right to work, being motivated by a extrinsic reward.
<h3>
What is extrinsic reward?</h3>
Employees typically receive extrinsic rewards in the form of monetary or tangible compensation, such as raises, bonuses, and benefits. They are extrinsic because they are unrelated to the completion of the work and are managed by people other than the employee.
Extrinsic rewards include monetary bonuses and additional days off from work. They are under the control of people other than you. Intrinsic rewards are intangible, psychological rewards that come from completing a task well.
Extrinsic motivation uses rewards or other incentives, such as praise, fame, or money, to motivate people to do certain things. Unlike intrinsic motivation, this type of motivation is driven by external factors. Extrinsic motivation is demonstrated by being paid to do a job.
To know more about extrinsic reward follow the link:
brainly.com/question/13884108
#SPJ4
Answer:
true
Explanation:
For example, if a bank account has a $100 minimum balance requirement, you want to make sure that you don't let your balance fall to $99.99 or less.
