Answer:
The retirement fund will last for 33 years and 7 months
Explanation:
We need to solve for time in an ordinary annuity
C $15,000.00
rate 0.004 (4.8% divide by 12 month)
PV $3,000,000
time n
we clear for n as much as we can and solve
now we use logarithmic properties to solve for n:
-403.16
this will be a value in months so we divide by 12 to get it annually
403/12 = 33,5833
we convert the residual to months:
0.5833 x 12 = 6.996 = 7 months
Answer:
b) false
Explanation:
Salesforce case assignment deals with a company's lead generation strategies which can either be based on manual operations or automatic processes. For example, Web to Case strategy, Email to Case technique, On-Demand Email to Case system approach, etc.
Consequently, Salesforce case assignment rules run instantly, oftentimes on case creation and are not time-based
Hence, the correct answer is FALSE
Answer:
Price of treasury bill = $9,803.92
Explanation:
<em>The price of the treasury note would be the present value of the future receivable on maturity discounted at the rate of return of 2% per six-month.</em>
The formula is FV = PV × (1+r)^(n)
PV = Present Value- ?
FV - Future Value, - 10,000
n- number of years- 1/2
r- interest rate - 2%
PV = 10,000 × (1.02)^(-1)
PV = 9,803.92
Price of treasury bill = $9,803.92
If a resource is scarce, you will not want to use as much of it, therefore you learn to settle with the small amount and deal with the amount it supplies.
This helps you save money because it is scarce, so you will not need much of it.
Answer:
The increase in GDP is $250
Explanation:
The increase in investment spending = $100
Marginal propensity to consume = 0.6
Now we have to find an increase in the GDP after absorbing the $100.
Therefore, we need to find the multiplier by using the marginal propensity to consume.
Multiplier = 1 / (1-MPC)
Multiplier = 1/( 1- 0.6)
Multiplier = 2.5
The increase in GDP = increase in investment spending × Multiplier
The increase in GDP = 100 × 2.5 = $250
