Answer:
The present value of your winnings is $9,410,263.59
Explanation:
Present value of annuity due=(1+rate)*Annuity[1-(1+interest rate)^-time period]/rate
=1.0975 x 990,000 [1-(1.0975)⁻²⁰]/0.0975
=990,000 x 9.50531677
=$9,410,263.59
Answer:
Making a rational choice
Explanation:
The philosophy of rational choice claims that people use logical judgments to make rational decisions and deliver results that are consistent with their very own personal goals. Such findings are also linked with the highest, self-interests of a person.
The philosophy of rational decision is based on the conjecture of intervention of rational agents who are the people in a system making rational decisions based on rational judgments and knowledge that is rationally accessible. Rational individuals form the foundation of the philosophy of rational decision and are what makes the concept of rational choices efficient.
Answer:
The Family and Medical Leave Act
Explanation:
The family and medical leave act grants eligible employees of covered companies the right to unpaid and job-protected leave for medical reasons. The law requires qualifying employers to allow eligible employees to take unpaid leave to attend to serious family health matters. This law permits eligible or qualifying employees to take up to 12 weeks leave for reasons such as childbirth and a serious personal or family sickness.
The answer is "<span>economic risks".
</span><span><span>
</span><span>Economic risk</span><span> is the possibility
that macroeconomic conditions like trade rates, government direction, or
political security will influence a venture, typically one in a remote nation.
Beside the business hazard related with making the plant profitable, the
semi-conductor company is open to economic risk.</span></span>
