The decision making process of solving a workplace have
seven steps: Identification of the problem, understanding interests, list of
possible solutions, evaluating the options, selecting the options, documenting
of the agreements and agreeing on contingencies, monitoring and evaluation. The
solution is implemented on the last step which is agreeing on contingencies,
monitoring and evaluation because in here there are opportunities that are
created to evaluate the agreements and the implementation of the solutions.
The phrases that describes money the best would be: Medium of exchange
Before money were made, in order to obtain a product that we don't own, we need to exchange it with another product that we own. This system is commonly known as barter.
With money, we can obtain a product that we don't own without exchanging it with anything. This function is the reason why money is called medium of exchange
Answer:
B. The total interest = $4.35
Explanation:
The first question to answer, is what is the present value of the annuity of the loan and then based on that the total interest can be calculated.
<h2>Present value of annuity= A x [(1-(1+r)-n)/r]*(1+r) </h2>
Where the A represents Annuity = or $20
The r represents the rate or 1.5%
and the n represents the number of periods which is 6 months
Calculating the value =
= 20 x [(1-1.015^-6)/0.015]*1.015
= 20 x [(1-0.91454219251)/0.015]*1.015
= 20*5.782644973
=$115.65
Now that the loan amount is known, the Total Interest can be calculated as follows
Total Interest= number of payments x monthly payments) - the loan amount (calculated above)
= 20 x 6 -115.65
= 120-115.65
The total interest = $4.35
Answer:
d. The potential exists for agency conflicts between stockholders and managers.
Explanation:
- A problem of the agency is a conflict of the interest of relationships where one party is expected to act in another best interest and usually refers to the conflicts of the interest between the companies management and the stockholders.
