<u>Answer: </u>Consult
<u>Explanation:</u>
RICA is the acronym for Responsibility, Inform, Consult and Accountability. For different projects different categories are provided based on their requirement of involvement in the project. In the new project the IT department in the company provides inputs such as new software application. This work falls under consult in RICA matrix.
Responsibility is based on completion of the given work. Accountability to provide a final answer for the work done. Consult is providing feedback and contribution to the activity. Inform to person who requires information update.
Answer:
5.52%
Explanation:
For computing the coupon rate we first have to determine the PMT by applying the PMT formula
Given that,
Present value = $954
Future value = $1,000
Rate of interest = 6.2%
NPER = 9 years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $55.18
Now the coupon rate is
= $55.18 ÷ $1,000
= 5.52%
Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.
