Suppose $250,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $6000 at the end of each quarter. It will take about 120 quarters until the account balance reaches $0.
Amount invested (Present value) = $250000
Quarterly payment (At the end of each quarter) (P) = $4500
Interest Rate (Quarterly) (r) = 6% /4
= 1.5% = 0.015
A number of quarters (n) = ?
Future value at the end = 0
Present value of Annuity formula:
Present value = P × ![(1-(1+r))^{(-n)} / r](https://tex.z-dn.net/?f=%281-%281%2Br%29%29%5E%7B%28-n%29%7D%20%20%2F%20r)
250000 = 4500 × ![(1-((1+0.015))^{(-n)} / 0.015](https://tex.z-dn.net/?f=%281-%28%281%2B0.015%29%29%5E%7B%28-n%29%7D%20%20%2F%200.015)
250000 = 300000 × ![(1-((1+0.015)}}^{(-n)}](https://tex.z-dn.net/?f=%281-%28%281%2B0.015%29%7D%7D%5E%7B%28-n%29%7D)
250000 / 300000 = ![1-(1+0.015)^{(-n)}](https://tex.z-dn.net/?f=1-%281%2B0.015%29%5E%7B%28-n%29%7D)
0.83333 = ![1-(1.015)^{(-n)](https://tex.z-dn.net/?f=1-%281.015%29%5E%7B%28-n%29)
n = 120
Hence is shall take 120 Quarters until the account balance is $0.
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Answer:
valence
Explanation:
Based on the information provided within the question it can be said that this scenario best illustrates the factor of valence. In the context of psychology this term refers to the attractiveness or adverseness of a situation, event or object. Which in this case would be Cynthia's one month leave, which depending on which perspective you take (Cynthia's or her Boss') it may either be viewed as good or bad.
Answer:
b. showrooming
Explanation:
Showrooming is when a shopper visits a store to check out a product but then may eventually purchases the product online if there is a better deal.
This occurs because, while many people still prefer seeing and touching the merchandise they buy, many items are available at lower prices through online vendors. As such, local stores essentially become showrooms for online shoppers.
Converting quarterly and annual business plans into broad output and labor requirements for the intermediate term is known as aggregate planning.
Aggregate planning is a method for developing a business by arranging a management to the production and demands. In this method, the quarterly and annual business plans are converted into broad output and labor requirements for the intermediate term. This intermediate term may last from 4 to 12 months.
In this period of time the company will hire new employees to make enough output to satisfy the demands and thereby maximizing the profit with a minimum cost.
Aggregate planning ensures the efficiency and production of a company. Usually it is done as a prior activity to obtain a continuous production facility.
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