Answer:
PV of annuity due = $90,182.8 (Approx.)
Explanation:
Given:
Payment per year = $12,000
Number of year = 10
Interest rate = 7% = 0.07
Find:
PV of annuity due
Computation:
PV of annuity due = P + P[{1-(1+r)⁻⁽ⁿ⁻¹)/r]
PV of annuity due = 12,000 + 12,000[{1-(1+0.07)⁻⁽¹⁰⁻¹)/0.07]
PV of annuity due = $90,182.8 (Approx.)
Cost : 6400
900 + 1,350 = 2,250
2,250 + 500 = 2,750
2,750 + 1,350 = 4,100
4,100 + 2,800 = 6900
So there’s more than 6,400 dollars
Answer:
Language differences that make communication challenging among employees and managers.
Cultural diversity that affects the code of conduct of business.
Explanation:
Multinational firms are firms that operates and transact business activities outside their country of incorporation.
Despite the advantages of an extended reach and flexibility in operation , it also faces some challenges.
Language differences as different ethnics and culture are involved ,brings a challenge in communication between employees and manager. Citizen of a francophone nation will struggle to communicate with another from an anglophone country.
Another challenge as mentioned in the question is that the code of conduct could be also be affected due to cultural diversity.
The government and the authority’s
