Answer:
PV = $9,245.56
Explanation:
Giving the following information:
Future value (FV)= $10,000
Number of periods (n)= 2 years
Discount rate (i)= 4% = 0.04
<u>To calculate the present value (PV), we need to use the following formula:</u>
<u></u>
PV = FV / (1 + i)^n
PV = 10,000 / (1.04^2)
PV = $9,245.56
Answer:
a. Education
b. Experience
c. Mentoring
Explanation:
a. Formal education is defines as a method of formal and organized learning. This is the education provided to the students by qualified teachers at a certain level. To ensure standardization of formal learning for all institutions of learning for example schools, colleges, universities, etc.
So, Formal education helps a person to develop logical skills.
b. Experience is awareness or ability that you have acquired in a specific job or activity because you have already done the job or activity.
According to the given situation, experience helps a person develop skills and knowledge he or she would not have otherwise.
c. A mentor helps a person learn the skills to achieve his or her destination. or we can say that the "mentor" is an experienced person who shares information, expertise, and guidance with a less experienced person.
So, according to the given situation Manager is coached to Shawn to develop skills so that manager can boost Shawn career. Shawn's Manager is engaged in Mentoring.
