Answer:
Interest = $75.90
Principal = $347.64
Explanation:
First find the payment that is required per month. It will be an Annuity payment as the present value of the loan is given.
The loan is for 5 years compounded monthly so period is;
= 5 years * 12 months
= 60
Interest = 4/12
Present Value of Annuity= Payment * (1 - (1 + r) ^ -n)/r
23,000 = Payment * (1 - ( 1 + 4/12%) ^ -⁶⁰)/ 4/12%
23,000 = Payment * 54.304
Payment = 23,000/54.304
= $423.54
Interest Payment is;
= 4/12% * 23,000
= $75.90
Amount going towards Principal;
= 423.54 - 75.90
= $347.64
Answer: Option D
Explanation: In simple words, MIS refers to management information system. It is used by organisations to manage and operate different functions efficiently and effectively.
In the given case, many industries are using scheduling programs to recruit individuals on a suitable job for them .
Hence we can conclude that they are using recruiting MIS.
Answer:
C Certain groups of employees only
Explanation:
The tax sheltered annuity is a special tax regarding the retirement plan that available to a specific employees group only that engaged in non-profit, education, other 501c3 organization etc
So according to the given situation, the option C is correct as it fits to the situation
Therefore the other options are wrong
Answer:
The answer is D. Open communication is key in building lasting relationships whether in business or in personal relationships.
Explanation:
For two companies to maintain a strategic relationship, there must be open communication. Whitney displayed correct understanding of this ingredient for strategic relationships.
That was why she was open enough to work out a more amicable relationship with Rodney. She discussed her sales goals and new ideas for the business. On Rodney's part, he showed no interest. He was not ready to discuss his own sales goals.
Rodney lost a golden opportunity offered by Whitney by opening up communication. He should have embraced the chance to bring up his concerns and discuss his goals openly, unless he is hiding something. He could be deliberately overcharging on price. These comments remain mere guesses as Rodney failed to open up.
Answer: SMA Balance $40000
Explanation:
the Special Memorandum Account(SMA) Balance will remain at $40000 (1000 x $40). The SMA Balance does not decrease when the market value of the security decrease
