In order to make the right decisions that will ensure that his hotel is up to standard, Trevon should hire a Management Consultant.
The purpose of a management consultant is to:
- Help a business make better decisions
- Improve efficiency
- Help with problem solving
Trevon needs an expert that is capable of making the best decisions to ensure that his hotel gets the necessary upgrades that it needs to appeal to the major corporation.
Management consultants will be able to do this as they are trained in helping companies become better. We can therefore conclude that Trevon needs a management consultant.
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Answer:
The correct answer is B.
Explanation:
Giving the following information:
One year ago, Deltona Motor Parts deposited $16,500 in an investment account to buy new equipment three years from today. Today, it is adding another $12,000 to this account. The company plans on making a final deposit of $20,000 to the account one year from today.
To calculate the future value of the investment, we need to use the following formula:
FV= PV*(1+i)^n
First deposit= 16,500*(1.045^4)= 19,676.56
Second deposit= 12,000*(1.045^3)= 13,694
Third deposit= 20,000*(1.045^2)= 21,840.5
Total= $55,211.06
Answer:
Conservation
Explanation:
Conservation is the practice of protecting wildlife and other natural resources from waste, loss, injury, degradation, and exploitation through prudent management. It entails sustaining biodiversity of species, genes, and maintaining a sustainable eco-system.
There are 4 major types of conservation.
i. Environmental conservation.
II. Animal conservation
III. Human Conservation
iv. Marine conservation
Answer:
$ 1,592,121.121
Explanation:
Present Value at T=0 is $120,000
N = 30
I = 9%
PMT = $11,680.36
We shall calculate the Future Value without PMT and then with PMT. The difference would be the amount of interest paid.
FV at T = 30 with PMT is -$3,184,242.537
FV at T = 30 without PMT is -$1,592,121.416
The total interest paid on the loan is = $ 1,592,121.121