Answer:
Cash price of the car
= Down payment + A(1 - <u>(1+r/m)</u>-nm
r/m
= $2,200 + $200(1-<u>(1+0.11/12</u>)-4x12
0.11/12
= $2,200 + $200(1-<u>(1+0.0091666667</u>)-48
0.0091666667
= $2,200 + $200(1-(<u>1.009166666667</u>)-48
0.0091666667
= $2,200 + `$200(38.691421)
= $9,938
Explanation:
The cash price of the car is equal to the down payment plus the present value of the monthly installment. The present value of the monthly installment is obtained by using present value of annuity formula.
Answer:
Global economic crimes consist of a wide range of economic offenses and include different forms of financial crimes that are committed. Examples of global economic crimes are money laundering, tax evasion, improper use of tax havens, embezzlement and bribery etc.
Global economic fraud is a sub set of global economic crime and consists of those actions that are considered as an intentional act of deception for the purpose of making financial gains. A dishonest advantage is gained through acts of global economic fraud. Examples of global economic frauds are identity fraud, banking fraud, investment fraud, and fraud by abuse of position.
Companies should be concerned about global crimes and frauds as these acts of crime and fraud may put companies in a position of disadvantage in the long run. These acts will dilute some of the value creation activities that companies are pursuing and in the long run these acts will prove detrimental to the value creation objectives of companies. Further the acts of crime and fraud increase the risk scenario in which companies operate and hence the chances of losing money increase manifold.
Companies should address the issue of fraud and crime in a tangible manner and approach to tackle them on a heads on basis. To address the issues companies should firstly recognize fraud when they first see and encounter it. For this companies will require robust fraud risk assessment framework in place. When motivations are identified beforehand then better controls will be put in place by companies, thus significantly reducing the chances of fraud and crime.
Answer:
Equal Employment Opportunity Commission
Explanation:
The entity that would be involved in this case is the the EEOC. That is the equal employment opportunity commission. The violation that has occurred here is that both the man and the woman are equally qualified for this job but the owner wants to pay the woman a smaller salary compared to what he wants to pay the man. The EEOC handles such matters of discrimination to employees and workers based on gender, race, religion etc.
As Rhonda has much darker skin than Jade, which contributed to why she was told there were no vacancies, then, this type of discrimination based on a color discrimination.
<h3>What is a
discrimination?</h3>
It refers to an unfair treatment of people usually because of race sex or religion. It is also an unjust or prejudicial treatment of different categories of people based on the grounds of race, age, gender, disability, height etc.
However, the color discrimination involves treating someone unfavorably because of their skin color complexion. Therefore, as she was told there were no vacancies, then, this type of discrimination based on a color discrimination.
Read more about discrimination
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