That's the amount of charges owed to the credit card company.
Answer: $66,740.82
Explanation:
Formula to find the accumulated amount if compounded continuously :
, where P= principal invest
t = time
r= rate of interest.
Given : A= $84,000 , r= 4.6% = 0.046 , t=5 years

Hence, the amount need to invest = $66,740.82
Answer:
Year Cashflow [email protected]% PV
$ $
0 (14,900) 1 (14,900)
1-12 4,000 5.6603 <u>22,640</u>
NPV <u> 7,740</u>
Explanation:
In this respect, we need to calculate the discount factor of annual cash inflows for 12 years at 14 discount rate. For this purpose, present value annuity interest factor will be used since the cash inflows are constant. Then, we will multiply the annual cashflows by the discount factor so as to obtain the present value of cash inflows. Then, we will deduct the initial outlay from the present value of cash inflows in order to obtain the net present value of the proposal.
Answer:
dependability
Explanation:
When others can rely on you, it shows you are dependable. Dependability is a state where others trust a particular person will deliver. It is convincing others to have full confidence in you and your abilities.
Through previous actions, Kimberly has demonstrated that her employers can rely on her entirely. She has convinced her employers without any doubts that they can depend on her.
Answer: 65.71%
Explanation: Share of wallet is a percentage of expenditure a consumer makes on a kind of purchase that goes to a specific company. Unlike the literal wallet, which is the $2,200 the customer earns per month, this focuses on a product category, and how much of that goes to a particular company.
In this case the product category is groceries which a customer spends $350 on per month. The portion that goes to a particular company, which is the share of wallet for that specific product category, is $230 which goes to Ubuyrite. Ubuyrite's share can be calculated as follows:
Portion of the product category going to Ubuyrite = $230
Total portion spent on the product category = $350
∴
× 100
= 65,71%