Answer:
the number of years is 13.33 years
Explanation:
The computation of the number of years is shown below:
As we know that
Money withdrawn = (Principal × interest rate) ÷ (1 - (1 + interest rate)^-number of years)
$35,000 = ($390,000 × 2.6%) ÷ (1 - (1 + 2.6%)^-number of years)
(1 - (1 + 2.6%)^-number of years) = 1 - 0.2879 = 0.710
Now take the log both the sides
n = - (log 0.710) ÷ ( log 1.026)
= 13.33 years
hence, the number of years is 13.33 years
The amounts collected by the lender and held in a trust or impound account for future payment are called Reserves.
Reserves are earnings that have been appropriated or set apart, for use for a selected cause in addition down the road. A few examples of specific reserves include capital redemption reserves, contingency reserves, debenture redemption reserves, and dividend equalization reserves. each of these reserves has a particular purpose, but, if important, specific reserves can every so often be used for bills that are not their meant functions.
Reserves may be funded by way of annual working surpluses, or thru a funding plan. These price ranges are considered to be "savings bills" so no fees can be charged without delay to them; the simplest transfer object codes must be utilized to reserve money owed.
A lender is a man or woman, a set (public or non-public), or an economic institution that makes finances available to a person or business with the expectation that the price range could be repaid. Compensation will include the charge of any hobby or costs.
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Answer:
by identifying the differences and developing employee's skills in conflict resolution
Explanation:
Human Resource Management is the key area for success of any organization. This is basically because managing any office is easy with good personnel employed.
Thus, training in employees on the Human Resource level, might help in overcoming any kind of conflict faced by such employees, of each of the companies.
HR personnel are responsible for satisfaction among employees, for this they have to agree on certain policies of giving compensation, appraisals and rewards. Thus, both the companies HR personnel shall involve themselves in developing the skills in employees for resolution of conflict.
Answer:
The firm's profit margin is 0.02357
Explanation:
The formula to compute the firm's profit margin is shown below:
Profit margin = (Net income ÷ sales revenue)
= ($1,980 ÷ $84,000)
= 0.02357
It shows a relationship between net income and net sales. The other information which is given in the question is not relevant. Hence, ignored it
The correct answer should be D