Answer:
The maturity value of certificate of deposit(CD) would be:
A = P
wherein, A= Amount
P= Principal
r= rate of interest compounded annually
n= no of years to maturity
(a) two year investment plan:
$6000 (1 + .05) (1 + .05) = $6615
(b) five year investment plan:
= $6000 = 6000 (1.2763) = $7657
(c) eight year investment plan:
= $6000 = $6000(1.4774) = $8865 approx.
(d) twenty year investment = $6000 = $6000 (2.6533) = $15,920 approx
Answer:
True
Explanation:
Financial services are the activities rendered by any financial institution such as the banks to their customers. Most of the services are done at a fee that makes the main source of revenue for banks. The revenue is spent to pay the overall expenses of the bank. If the expenses are lower than the revenue, a bank makes profit. If expenses exceed revenue, a bank makes loss which is not mostly the case. Therefore, it is true to say that banks work to earn a profit by selling financial services.
Security education, training, and awareness (SETA) schedules are designed to decrease the incidence of accidental security breaches.
<h3>What does SETA stand for in business?</h3>
SETA for Sector Education and Training Authority is an acronym. The components of a SETA include employers, trade unions, government branches, and bargaining representatives where appropriate, from each industrial sector. The Skills Development Act (1998) supplies a framework for the development of crafts in the workplace. Physical security – To protect the physical items, objects, or areas of an organization from unauthorized admission and misuse.
To know more about Security education, training, and awareness (SETA) visit the link
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Answer:
a. $256,250
b. $217,562.5
c. $196,500
d. Plan C, due to its fewer total cost incurred compares to the other two plans.
Explanation:
a. What is the cost of Plan A
b. What is the cost of Plan B
c. What is the cost of plan c.
d. If you are John's boss, the VP operations, which plan would you implement and why?
Please find attached detailed solution to the above questions.
When you work lets say at and ice cream shop you have a supervisor. When you work within an organization you have to supervise yourself, yes you have a manager but he/she isn't going to "baby" you all they way. You most correct answer would be C.