Answer:
The future value at the end of the 5 years is :$ 29,156.84
Please note that the investment period is 5 years therefore it is impossible to calculate the future value annuity for more than 5 years.
Explanation:
Brainliest when you can if you will please!!!
Setting goals and objectives is a part of planning.
Planning includes both the process of developing a plan and its accurate and timely execution.
Planning may be extremely helpful in avoiding mistakes and seeing possibilities. Good planning demonstrates management's familiarity with the company and their consideration of changes in "products," management, finance, and—perhaps most importantly—the external environment, which includes markets, competitors, users, and regulations. Planning aids in future prediction, future visibility, and the construction of a link between the present and this future.
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The managers, who have been promoted from the flight line, have such a difficult time performing in their new management role because "early in their careers, new aviation managers concentrated on honing their piloting abilities."
<h3>Who is aviation manager?</h3>
The division in charge of planning operations at such an airport, airline, or other aviation-related businesses is known as aviation management. Customers service, aviation maintenance, flight logistics, and airline marketing are just a few of the specialties of industry experts.
Some roles of aviation manager are-
- ensuring that the business operates safely and effectively ensuring that the flight schedules are followed
- monitoring inspection schedules and operations, keeping records of aircraft maintenance
- monitoring and verifying compliance with legal and statutory requirements
- hiring and firing personnel helping the repair and maintenance team with flight preparation going through and evaluating aircraft accident reports
- keeping abreast with the newest aviation regulations, rules, standards, and laws
- coordinating closely with emergency crews to keep an eye on the weather and foresee any problems with aviation operations
- identifying issues with airline or airport services
- identifying areas for improvement and creating a plan of action to improve efficiency
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Answer:
The present value = $3,602.30
Explanation:
To calculate this, we will use the formula for calculating the future value for an amount invested, compounded semiannually at a certain interest rate. This is done as follows:
where:
FV = Future value = $4,500
PV = Present value = ??
r = interest rate = 4.5% = 4.5/100 = 0.045
n = number of compunding period per year = semiannually = 2
t = time = 5
Therefore, the present value = $3,602.30
Answer:
6.4%
Explanation:
money invest = $1.50 or 1£
interest earned = 1£ x 5% = 0.05£
total returns = 1.05£
now we convert them back to dollars = 1.05£ x $1.52/£ = $1.596
effective yield = (total return - initial investment) / initial investment = ($1.596 - $1.50) / $1.50 = 6.4%