Answer:
i= 8% annual compunded
Explanation:
Giving the following information:
Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1,000,000 at retirement.
We need to calculate the interest rate required to reach the $1 million goal in 18 years without any additional deposit.
FV= PV*(1+i)^n
Isolating i:
i= [(FV/PV)^(1/n)] - 1
i= [(1,00,000/250,000)^(1/18)] - 1= 0.08
i= 8% annual compunded
Answer:
The annual bond rate of interest = 9.8%
Explanation:
<u>A</u> denotes the annual coupon:
750.08 = A(P/A, 16%, 7) + (⁷
Annuity factor at 16% at 7 years = 4.039 (By cumulative present value table)
750.08 = 4.039 A + 353.83
4.039 A = 396.25
A = (396.25 ÷ 4.039)
A = 98.11
<u>Calculating annual bond rate:</u>
r = (98.11 ÷ 1,000) × 100
r = 9.811%
The annual bond rate being rounded off is 9.8% (answer).
Answer:
E. Labor, capital and management
Explanation:
Productivity refers to efficiency in production which means how much output is produced for available level of inputs. It is measured by output/input ratio.
The variables which determine productivity are labor, capital and management.
Capital refers to the amount of investment an entrepreneur makes in a project. Capital invested determines the resources available.
Labor refers to men employed to produce output. Labor cost refers to the wages paid.
Management refers to carrying out operations effectively so that all factors of production work in synchronization and to ensure that everything is in order.
Answer:
Option E
Explanation:
In simple words, Walmart is the industry leader when it comes to retail merchandising. Walmart Inc. is indeed an American international retail company based throughout Bentonville, Arkansas, running a network of supermarkets, budget retail outlets, and grocers. Established in 1962 through Sam Walton, the business was implemented on 31 October 1969.