Answer: decrease by $1,600
Explanation:
Charlotte withdraws $8,000 from her account. When she first paid in that $8,000, the bank had to keep some of it as a reserve requirement. That requirement was that they keep 20%.
Now that she is withdrawing the money, the bank would have to retrieve that 20% from the reserve requirement in order to give it back to Charlotte.
That 20% is:
= 20% * 8,000
= $1,600
Grateful There is a way for you to become content, and that is first to become “content”
Answer: d) Extreme programming
Explanation:
Extreme programming is one of the most significant programming improvement system of Agile models. It is utilized to improve programming quality and receptive to client's requirements. The extreme programming model suggests taking the prescribed procedures that have functioned admirably in the past in program improvement ventures to extreme levels. It also
tries to decrease cost of changes in requirements by having multiple short development cycles. Project are divided into smaller functions and developer cannot go to the next stage until it completes the current stage.
Answer:
The Today's value of payment occurred for 20 years is $72,039.
Explanation:
Payment of fixed amount for a fixed period of time is called annuity. Present value of annuity will be calculated as follow
PV of annuity = P x [ ( 1- ( 1 + r )^-n ) / r ]
According to given data
P = monthly payment = $6,800 every year
r = interest rate = 7%
n = number of period = 20 years = 20 periods
PV of annuity = $6,800 x [ ( 1- ( 1 + 0.07 )^-20 ) / 0.07 ]
PV of annuity = $72,039.30
Answer:
c. attention is paid to competitive priorities and strategic fit.
Explanation:
Managing process is the top level activity it involves various activity and decisions for the growth of an organization. It clearly states that the company shall grow, what are the goals, what are the objectives and what are the strategies.
This clearly reflects that management's main concern is to strategic performance, and how does it create a space in the market share, as gaining from competitive advantage.
