The answer is<u> "net present value".</u>
Net Present Value (NPV) is the estimation of all future cash flows (positive and negative) over the whole existence of a venture limited to the present. Net Present Value examination is a type of natural valuation and is utilized widely crosswise over back and representing deciding the estimation of a business, speculation security, capital task, new pursuit, cost decrease program, and anything that includes income.
Since the consultant is not a consultee's administrative supervisor , then he would not be held legally responsible for actions taken by the consultee based on the consultant's advice.
A consulting agreement is a legal document that describes the working relationship between a company and a consultant who provides services to that company. The consulting agreement defines the terms of the professional relationship in order to hold both parties accountable for the type of work and compensation expected.
A consultant is a third-party professional who provides expertise and advice to help a company's operations in some way. They examine current business practices, identify areas for improvement, and devise a strategy to improve that aspect of the business.
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Answer:
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Answer:
The most he can afford to pay = $25,260.07
Explanation:
The most he can afford to pay is the present value of the $375 per month discounted at the interest rate of return of 6.5% p.a
PV = A× (1- (1+r)^(-n))/r
PV = ?, A- 375, r- 6.5/12= 0.541% n= 12×7 = 84
PV = 375× (1- (1.00541)^(-84) )/0.00541= 25260.071
The most he can afford to pay = $25,260.07
<em>Note: the monthly interest rate needed to be computed by dividing 6.5% by 12 and the number of months in 7 years is 7 × 12 = 84 </em>
Wait I did this let me go get the answer rq
