Answer:
The amount due under quarterly compounding is higher by =$ 187.12
Explanation:
To determine the amount money by which the quarterly compunding is greater, we would compare the total sum due under the two compounding options.
This is done below:
Quarterly compounding
FV = A × (1+r)^n
PV - principal amount owed = 6,000
r- quarterly interest rate = 12%/4 = 3% per three month
n - number of quarters in 4 years = 4× 4 = 16
Loan amount due with interest after 4 years
= 6,000× (1.03)^(48) = 9628.23
Annual compounding
PV - principal amount owed = 6,000
r- annual interest rate = 12% =
n - number of years = 4
Loan amount due =6,000× (1.12)^(4) = 9,441.12
The amount due under quarterly compounding is higher by
= 9628.23 - 9,441.12
=$ 187.12
Answer:
» Subscription clause [ In the momerandum, it shows the amount of subscribers and their satus of subscription ]
» Objects or objective clause [ It outlines the workouts planned by the body or company ]
» Liability clause [ explains the liability of any company member ]
» Capitability clause [ This outlines the peak of capital a particular company can reach, it is some times called optimum or nominal capital ]
» Domicile clause [ It shows the location of the registered office of the body or company ]
» Name or status clause [ It specifies the name of the particular organization or body or company ].
Explanation:
In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;
- A progressive income tax structure
- Government unemployment benefits
At times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.
They help to increase the flow of money in the economy when it is passing through difficulties like recessions.
Learn more here:
brainly.com/question/24276941
<u>Answer:</u>
<em>An organization in which most decision-making authority is held by upper-level management</em>
<u>Explanation:</u>
Centralisation refers to the hierarchical level within an organisation that has authority to make decisions. When decision making is kept at the top level, the organisation is centralised; when it is delegated to lower organisational levels, it is decentralised.
Centralized organization can be defined as a hierarchy decision-making structure where all decisions and processes are handled strictly at the top or the executive level. Policies are put in place to ensure the rest of the company follows the direction of the executives.
Answer:
The answer is A. developing a strategic vision, mission and values.
Explanation:
When companies formulate strategy, It involves choosing the most appropriate method or course of action that will help in actualizing the companies goals.
Strategy formulation and execution is important for the achievement of goals of an organisation because it helps to provide a path that the organisation will follow towards achieving their objectives.
In formulating and executing strategy, the first step to take is to develop a strategic vision, mission and values for the organisation.
The stage of vision , mission and value statement requires the organisation to state clearly why it is existing, what it intends to achieve, how it intends to achieve it, and the various guiding principles that will assist such organisation in achieving it goals and objectives.
