Answer: It will take Nico approximately 12 years
Explanation:
Payments = $40000
r = 12%
Future Value = 1000 000
Future Value annuity = Payments((1 + r)^n - 1)/r
1000000 = 40000((1 + 0.12)^n - 1)/0.12
40000((1.12)^n - 1) = 1000000 x 0.12
(1.12)^n -1 = 120000/40000
(1.12)^n = 3 + 1
nlog(1.12) = log(4)
n = log(1.12)/log(4) = 12.232510748
n ≈ 12 years
It will take Nico approximately 12 years
Answer:financing terms, market conditions, location-A
Explanation:In making adjustments to a comparable property to arrive at a final adjusted sales price, tthis proper sequence should be followed----financing terms, market conditions, location-
A buisness has to understand it's Financial terms because it aims at providing funds for business activities whether in purchases or investing . Financial terms of a buisness considers it's a capital, without capital, a buisness cannot start up.
Market conditions is the economic environment suitable or unsuitable for buisness whether for production or investment. After a buisness understands it's financial terms, it tend to look at the Favorable conditions or unfavorable conditions(excess competition) that can make it easier to start, grow, enjoy returns.
After understanding if the market conditions are favourable considering inflation and deflation, interest rates, competition etc you will have to consider Location which is a also critical in every buisness venture.
Answer:
The answer is: Both statements are correct
Explanation:
Only the NYSE has a physical trading floor which s located on the famous Wall Street in New York. Nasdaq trades only electronically.
Some firms that qualify for trading at the NYSE (they meet the listing requirements of the NYSE), choose to trade at Nasdaq.
The main difference between the NYSE and Nasdaq is that NYSE is an auction market (individuals can trade between each other on an auction basis) while Nasdaq is a dealer's market (participants trade through dealers).
Answer:
True
Explanation:
For Roberta citing family commitments as reason for participating in the mandatory extra hours cannot be justified in court. Although the court may be sympathetic, it is not enough public policy precedent.
The employer has the right to terminate her employment based on this refusal.
No public policy will be violated by the employer.
Answer: D) Subjective and inaccurate.
Explanation:
Estimation based on subjective analysis that is done on personal thoughts, opinion and view.It does not consider facts and figure to make approximation rather person's own perceptions are considered.Accuracy defines exactness and preciseness of any anything.
According to the question, estimation made by writer was not accurate because he missed the deadline in terms of time and did not include facts and information to make estimation rather it was made on personal thinking.
Other options are incorrect because estimation is not precise and objective. Thus, the correct option is option(D).
