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kondor19780726 [428]
3 years ago
6

You are planning to buy a house in five years. How much do you need to deposit today to have a $10,000 down payment if your inve

stment will make 6%?
*Remember to determine what you're solving for first:

Simple interest

Present or future value of a single amount

Present or future value of an annuity (a series of deposits).
Business
1 answer:
dsp733 years ago
8 0

Answer:

7,472.58

Explanation:

10000*(1/(1.06)^5)

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Explain instances which render leadership unnecessary
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Leadership is not needed when:

  • It will make processes inefficient due to time wasting
  • It is being used to oppress people
  • Subordinates don't need leadership

Leadership is usually quite good as it can galvanize subordinates to be better workers due to better organization as well as inspiration.

There are instances where it is not needed however such as when:

  • It slows down processes - sometimes leaders will need to give permission for a subordinate to do something. If this thing is time conscious and the leader is not available to give their ascent, the whole process could suffer.

  • It oppresses people - when a leader is an oppressive one and acts in such a way that their subordinates suffer, that leadership is not needed.

  • Subordinates are fine without it - sometimes workers have the necessary skills and experience to operate independently without a leader. In such a case, a leader is not needed.

In conclusion, while a leader is quite important in many ways, there can be situations where it is best that they are not used.

<em>Find out more at brainly.com/question/24150490.</em>

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