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Kipish [7]
3 years ago
10

How would you ensure that proper plans are installed for the creditors section which was been managed poorly in the future?

Business
1 answer:
Natalija [7]3 years ago
5 0
I'm not sure whether you have any options, but here are some of the ways you can ensure that proper plans are installed for the creditors section in the future:
1. Proper handing and monitoring of resources which includes systems, documentation, and procedures - this is very important, to take care of everything so that there are no mistakes
2. Finances must be reviewed correctly, either it is external or internal - unless you do this, you are facing a risk of losing yours, as well as creditors' money
3. Perform and conduct series of simulations before actual implementation - you need to know whether your changes will work before you actually introduce them
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What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and
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Answer:

Present Value = $9,417.69  (Approx)

Explanation:

Given:

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Total payments = 25

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Computation:

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So,

Present Value = $1,400(1/1.08⁶)[1 - (1/1.08)²⁵] / 0.08

Present Value = $1,400[6.72692]

Present Value = $9,417.69  (Approx)

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