Answer:
PV= $40,716,437.34
Explanation:
Giving the following information:
Cash flow= $3,400,000 per year
Number of years= 25
Interest rate= 6.7%
To calculate the present value, first, we will calculate the future value:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {3,400,000*[(1.067^25) - 1]} / 0.067
FV= 206,006,183.4
Now, the present value:
PV= FV/(1+i)^n
PV= 206,006,183.4/ (1.067^25)
PV= $40,716,437.34
The model is called SELECTIVE OPTIMIZATION WITH COMPENSATION.
Selective optimization with compensation is a method for successful aging which involves maximizing one's gains while one minimizes the impacts of losses that accompany aging.
We write down the equation that would allow us to solve for the required reserves.
required reserve = (deposit)(required reserve ratio)
From the items above, we are given that,
deposit = $5 million
required reserve ratio = 5% = 0.05
Substituting,
required reserve = (0.05)($5 million)
required reserve = $250,000
The total amount that the bank for the reserves is $5.5 million.
The excess reserve is equal to,
excess reserve = ($5.5 M) - ($250,000)
excess reserve = $5.25 M
<em>ANSWER: $5.25M</em>
Answer: C. Your grandmother gives you $13,00 toward college
Answer: Option C
Explanation: In simple words, 360-degree feedback refers to the feedback process in which an employee receives feedback from not just its superiors but from his or her peers, subordinates and customers also. Even sometimes self evaluation is also taken into consideration.
Such process provides a clear picture of how an employee perceives themselves and what is their image in the eyes of other related parties. These processes helps an individual employee to understand their strength and weaknesses and it also provides insight for their personal development.
