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kap26 [50]
3 years ago
5

Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $

6,000. With an annual discount rate of 8%, calculate the value today of receiving $6,000 in five years.
Business
1 answer:
Sergeu [11.5K]3 years ago
4 0

Answer:

$4,038

Explanation:

Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows.

Present Value = Future Value  x (1/  ( 1 + interest rate ) ^ number of periods)

Present Value = 6,000 x (1/ ( 1 + 0.08) ^ 5)

Present Value  = 6,000 x 0.68058

Present Value = $4,038

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A business practice associated with globalization involves businesses moving manufacturing and service centers to countries wher
Ksivusya [100]

Answer:

Outsourcing.

Explanation:

Outsourcing is a process to get the work done from a foreign supplier at a cheaper rate without or minimum compromising on the quality of work. Outsourcing is done by companies of those countries, where labour rate is high or scarcity of labour in the national market. It also diverse the culture of companies. Work which are outsourced to other countries are mainly non fundamental and its role is to provide support to the core company.

7 0
3 years ago
Over the last year, Eli has been working very hard and his employer has taken notice by giving him a 6% raise in his salary. Dur
ELEN [110]

Answer:

b increased by 2%. 

Explanation:

Increase in real wage = 6% - 4% = 2%

7 0
3 years ago
A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees
sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

8 0
3 years ago
240 individuals are recruited in this trial, and the new treatment is effective on 60 of them. What is the p-value associated wi
larisa [96]

Answer:

Explanation:

Experiments were performed for 240 people, 60 people test positive.

Step 1: we calculate the sample proportion; p= 60/240= 0.25.

Step 2: calculate the standard error for the sample, which is the square root of sample proportion,p = p(1-p)/n, n=100

0.25(1-0.25)/100

= 0.04.

Step 3: calculate the test statistics; assuming the hypothesis test percentage is 25%

Then, we say 0.25-1=0.75

-0.75/0.04

= -1.875.

In particular, the sample results are -1.875 standard error.

Probability of Z is less than -1.875.

Look up it value in the Z table

3 0
3 years ago
An employee quits her job where she has a balance of $10,000 in her qualified plan. The balance was paid out directly to the emp
yawa3891 [41]

Answer:

$8,000, and she has to complete 60 days

Explanation:

Whenever money has to be taken out of the first plan, then it is the requirement of IRA to complete the rollover within 60 days, also the amount to be withheld is 20% this is in the case where the amount is directly paid o the concerned participant. Then the person concerned for such payment has to keep 20%

Here in the instance Total amount = $10,000

20% of such = $2,000

Thus, amount received from the administrator = 80% = $10,000 \times 80% = $8,000

3 0
3 years ago
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