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just olya [345]
2 years ago
7

You have been given the choice to invest $1,200 each year in an account that is expected to pay 3 percent per year or you can in

vest in an account that pays 4 percent. What is the difference between the returns, if you choose to invest for four years
Business
1 answer:
gregori [183]2 years ago
8 0

Answer:

$4872.48

Explanation:

future value = amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

r = 4% - 3% = 1%

1200 x [(1.01)^4 - 1] / 0.01 = $4872.48

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Llana [10]

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Explanation:

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Cross-cultural communication is understanding ways by which culturally distinct individuals relate and communicate with each other.

Regarding the question, the best way to improve one's cross cultural communication will be to examine the expectations one has for conducting the meeting and then determine how the expectations might be different from my Indian colleagues.

6 0
2 years ago
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MaRussiya [10]

Answer:

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8 0
2 years ago
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Stels [109]

Answer:

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2 years ago
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ANEK [815]

Answer:

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5 0
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5/3 = 1.666

7 0
3 years ago
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