Answer:
His annual rate of return on this sculpture is -4.46%.
Explanation:
let PV be the amount invested and after t periods it turns to be FV
FV = PV(1+r)^t
(1+r)^t = FV/PV
1 + r = (FV/PV)^(1/t)
r = (FV/PV)^(1/t) - 1
t is the number of years from 1999 to 2003, t = 2003 - 1999 = 4 years
FV = $10,311,500
PV = $12,377,500
r = ($10,311,500/$12,377,500)^(1/4) - 1
r = -0.0446
therefore, His annual rate of return on this sculpture is -4.46%.
Answer:
Souza's profit for her summer job is $125
Explanation:
Profit is the amount remaining after deducting total expenditure from total revenue.
Since Souza had $125 left after purchasing for herself a new pair of shoes for $50 at the end of the summer, her profit for her summer job is $125
Answer:
Letter D is correct. <u>Planning. </u>
Explanation:
In this question, Manila Water has already defined its main objective with the purchase of the government's water and sewage system for the entire country. The goal is <em>"to make the country's water and sewage system work as efficiently and profitably as the one operating in Manila"</em>
Therefore, with the objectives and goals defined, it is necessary to plan the actions that will assist in achieving these objectives.
Therefore, it is ideal for Manila Water to carry out a strategic planning of which methods and procedures will best guide the achievement of the expected results.
Planning is essential in any project or business, because it is possible to carry out a realistic diagnosis to prevent possible threats and know how to take advantage of opportunities and improvements in the implementation of the actions necessary to achieve the objectives. Through planning it is possible to organize activities, improve the understanding of the project, define goals, vision and values and all the essential steps for the expected results to be achieved.
function is more important than its value. hope this helps mark me brainliest
Answer and Explanation:
A cash-value life insurance policy appeals to some because it doesnt seem like a waste of money because of the savings/investment element of the policy. other benefits include that it does not have to be renewed and coverage stays for life.