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Anit [1.1K]
3 years ago
15

If he earns 5 percent on his money, how much must he deposit at the start of his studies to be able to withdraw $9,000 a year fo

r three years?
Business
1 answer:
Yakvenalex [24]3 years ago
6 0

Answer:

He must deposit $24,509.23 at the start of his studies.

Explanation:

The amount to be deposited, PV is calculated as follows :

r = 5

Pmt = $9,000

P/yr = 1

n = 3

Fv = $ 0

Pv = ?

Using a Financial Calculator, the amount to be deposited, PV is $24,509.23.

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With free trade, that is, assuming no tariff, the outputs produced by domestic and foreign producers would be:_______.
SIZIF [17.4K]

The Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

<h3>What is a free trade?</h3>

This refers to an international business policies that occurs when goods and services can be bought and sold between countries without tariffs, quotas or other restrictions being applied.

This policy tends to increase the volume of international trade among member countries and also allow them to increase their specialization in their respective comparative advantages.

Hence, in the graph given, the Correct 1 unit and 15 units are the outputs produced by domestic and foreign producers with free trade assuming there is no tariff.

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4 0
2 years ago
Explain why the concept of an organization as an iceberg is important.
xxMikexx [17]

Answer:An organizational iceberg can sink a business if the leaders don't take the time to find out what's beneath the surface of their culture. But once you recognize the issues at the different levels of the organizational iceberg, you can appropriately address them and keep your business in safe waters.

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6 0
3 years ago
Companies with global structures
Ne4ueva [31]

Answer: Option B

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The companies having global structures operate their business on many different countries and the scale of their operations are usually huge. Therefore, they profit from the economies of scale and enjoy lower production cost than others.

Hence the correct option is B.

6 0
3 years ago
Another bank is also offering favorable terms, so Rahul decides to take a loan of $14,000 from this bank. He signs the loan cont
nikklg [1K]

Answer: $14,426.43

Explanation:

At the end of 4 months and assuming a  12 months and 365 days in a year, the formula to be used to calculate how much Rahul owes is;

We use the formula:

Amount owed = Present Value ( 1 + rate/365 ) ^ 365 * time period

Amount owed = 14,000 * ( 1 + 0.09/365 ) ^ (365 *4/12 )

Amount owed  = $14,426.43

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3 years ago
Valuable skills and knowledge that employees possess is called
blagie [28]
Answer:  "intellectual capital" .
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