Your money will double in approximately 11 years and quadruple in approximately 22.
Use the Rule of 72 for doubling (72/interest rate= number of years to double) and the Rule of 144 to quadruple (144/interest rate= number of years to quadruple).
The manager such as the CEO
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
When developing a risk response, the risk is termed as <u>Transferring</u> when it is transferred to a different party rather than changed.
Responding to hazards entails developing alternatives and strategies for reducing undesirable risks and enhancing desirable ones. Two essential components are response plans and contingency planning.
Three Steps to Risk Response development are:
The first step is: Prevent.
When you choose to avoid risk, all possibility that it may hurt your company is completely erased.
The second: is a risk reduction strategy.
If the danger is just a little bit higher than your tolerance and degree of hunger, the reduction is an excellent strategy for bringing it within acceptable ranges.
The third: is a Risk management strategy
instead of eliminating or lowering the possibility that it will happen, transfers, delegates, or distributes the responsibility of the risk to a third party.
Learn more about risk response development
at brainly.com/question/12541151
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Idk what the options are supposed to be but i know for sure that one of the answer is that it gives you $20,000 in student loans