Answer:
The amount to be saved at the age of 65 is $1940755.74
Explanation:
To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13
Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]
= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]
= 7728742.2 * 0.2511089
= 1940755.74
Answer:
True
Explanation:
Data warehouse involves combining different data/ information which is heterogeneous from various sources in order to have a comprehensive/large data base, it usually involves analytical reporting as well as decision making. For instance customer information from the point of sales system of the firm can be found in the database.
It should be noted that data warehouse is one or more very large databases containing both detailed and summarized data for a number of years and from numerous sources used for analysis rather than transaction processing.
Answer:
The correct option is C
Explanation:
Horizontal merger is the one where the merger of the two companies who are competing in the same industry and offering or providing the same kind of goods. Whereas the Vertical merger is the one where the merger of the two companies involve in producing the same good but at different stages of the production.
So, in this case, merger between Kooky Cookies Corporation and Crazy Cookie Company will be horizontal merger because both companies offering similar products to same customers. And Kooky Cookies purchases baking product, it will be a vertical merger as it involve in the production of cookies but at different levels.
Answer:
Reward
Explanation:
Reward power is the form or type of power, which is described as the use of the rewards so that he employee to follow the instruction given by the supervisor or manager and with the power coming from one ability to withhold the reward for the non- compliance.
This power could be performed through providing the promotion, raises, extra time off from work and bonuses. And its example, the supervisor provide employee bonus if meet the goal set for the project.
So, in this case, Joe wants that the chicken to be delivered in small batches and for that he offered special bonus. Therefore, it states the reward power.
