Answer:
We can say the rate is close enought to 14%
Explanation:
tthe IRR will be the rate at wich the NPV is zero
The cash flow are an annuity of 4,120 for 6 years
NPV = present value of cash flow - investment
0 = PV of annuity - investment
0 = PV of annuity - 16,000
PV = 16,000
C 4120
time 6
rate IRR
We divide the PV by the annuity to get the annuity factor
16,000 / 4,120 = 3,88349
We can look into the annuity table for a factor at time = 6 close to this figure
we have
14% factor of 3.889
15% factor of 3.784
We can say the rate is close enought to 14%
Answer:
Intrapreneurs
Explanation:
An intrapreneur is an employee who is responsible for creating new products in an organization. An intrapreneur is an individual who converts an idea into a finished product. An intrapreneur must possess the ability to create something unique, they must be self motivated individuals who are willing to take calculated risks inorder to achieve their goals.
An intrapreneur possess entrepreneurship skills, they must be able to inspire other employees to create something new because an organization will loose it's relevance if new products are not developed.
MArket research analysts require good mathematical skills to analyze data and statistics.
Usually editors make more money than copywriters because editors usually oversee copywriters.
Graphic designers can work in a variety of fields, not just advertising and marketing.
Answer:
$67,190
Explanation:
During the 30 years, the borrower will end up paying:
$386.64 monthly payment x 12 months per year x 30 years = $139,190.40
Of the total amount, $139,190, only $72,000 was repayment of principal, then the amount of interest that the buyer paid:
$139,190 - $72,000 = $67,190
