Answer:
TRUE
Explanation:
Training and development describes the formal, ongoing effort that are made within organizations to improve the performance and self-fulfillment of their employees through a variety of educational methods and programs.
In order to choose the best training method, there are some factors that a company should consider. These factors include:
Number of people to be trained: people can learn more effectively in small groups, and, consequently, less effective in larger ones.
The cost of training: training budget is very essential in the decision process because training can take a lot of resources: money, materials, equipments e.t.c)
The objectives of training: the goal or objectives will vary depending on the organization and the kind of activities the organization plans to do during work.
Therefore, it is TRUE that to choose the best training method, a company should consider such factors as the number of people to be trained, the cost of training, and the objectives of the training.
Answer:
$96,154.20
Explanation:
We are to find the future value of the annuity
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
A = Amount
R = interest rate
N = number of years
[(1.08)^9 - 1 ] / 0.08 = 12.487558
12.487558 x $7,700 = $96,154.20
Answer:
The interest rate is "21.999%".
Explanation:
The given values are:
Amount lent,
= 10,000
Amount repaid,
= 27,027
Years (n),
= 5
As we know,
⇒ 
On substituting the given values, we get
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
On subtracting "1" from both sides, we get
⇒ 
⇒ 
i.e.,
⇒ 
Minimum of 2 years word experience. :)
