Answer:
$2,584.34
Explanation:
we can use the present value of an ordinary formula to calculate this:
present value = annual payment x annuity factor
- present value = $21,000
- PV annuity factor, 8.25%, 14 periods = 8.12586
annual payment = present value / annuity factor = $21,000 / 8.12586 = $2,584.34
When the interest rates are not whole number, e.g. 4%, instead of trying to use a present value annuity table, you should look online for annuity calculators that will calculate the annuity factors for you.
Answer:
As the salesperson person gave the offer to Peter which he was not sure about, Peter said that he will come back in an hour but Peter didn't came instead his neighbour Sean came and asked salesperson to buy that boat on the price he told to person to according to the rule of offer this offer was made to Peter not Sean. If Peter would have accepted it then salesperson and Peter would be in contract but in this case now the offeror is Sean and Offeree if salesperson so it is up to him to accept the offer. Until the salesperson does not accept the offer then contract has not been form. If the salesperson accepts the offer of 35,750 then the contract will be formed.
Answer: See explanation
Explanation:
A partnership is a form of business operations that takes place between two or more people who come together, join their skills and resources together so as to achieve organizational aims, and make profit.
For a partnership to succeed, there must be a mutual understanding between the partners that are involved. The mission and the visions of the organization must be shared by all the partners and understood.
When the partners don't have an agreement in place and a clear understanding about how the partnership will be handled and decisions will be made, this will eventually being about the downfall of the partnership.
Answer:
=$0.98
Explanation:
GIVEN DATA:
amount to be matures is $70
current stock price is $71
risk free rate 4%
since standard deviation for stock is given as 0 therefore price os stock is remain same i.e. $71
pay off amount is $71 -$70 = $1
maturity period is of 6 month thus amount of call is calculated as


=$0.98
Answer:
A phone call
Explanation:
In this case where the supply chain specialist who has the information is not online, the best way to contact him is via telephone call.
It is so, because it's very easy to reach out to people via telephone call.
One advantage of the telephone calls is that, calls can be made at anytime 24 hours a day, 7 days a week
Lastly, fhe telephone call, which serves as a connection between a caller with via human voice, creates a connection that's not present in other media.