Answer: $35,036
Explanation: We will calculate the present value of $922 for a period of 48 months, thus:
Payment (pmt) = $922
n = 48
r = 1% or 0.01
PV = pmt((1 - (1 ÷ (1+r)^n) / r)
PV = 922((1 - (1 ÷ (1 + 0.01)^48) / 0.01)
PV = 922((1 - (1 ÷ (1.01^48) / 0.01)
PV = 922((1 - (1 ÷ 1.612) / 0.01)
PV = 922((1 - 0.62) / 0.01)
PV = 922(0.38/0.01)
PV = 922(38)
PV = 35,036.
Therefore, the amount that can be borrowed is $35,036.
The correct option is C. Increased earning potential in the future. According to many education providers, increased earning potential in the future is one of the monetary benefits of attending college.
Although other benefits listed constitute part of the benefits of attending college but in terms of those that provide only "monetary benefit". Many education providers list <em>increased earning potential </em>at the top of their list among the monetary benefits of attending college. Based on this general consensus, we can conclude that option C is the most correct option.
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Jones Brothers currently set up a belief fund a good way to offer annual scholarships of $12,000 indefinitely. those annual scholarships can first-rate be described by means of one of the following phrases perpetuity.
A perpetuity is a protection that pays for an infinite quantity of time. In finance, perpetuity is a regular stream of equal cash flows without a give-up. The idea of perpetuity is also utilized in several monetary theories, consisting of the dividend bargain model (DDM).
A perpetuity is a kind of annuity that lasts for all time, into perpetuity. The move of coins flows continues for a limitless amount of time. In finance, a person makes use of the perpetuity calculation in valuation methodologies to locate the present price of an organization's cash flows when discounted lower back at a certain rate.
One instance: of a perpetuity is the UK's authorities bond referred to as a Consol. Bondholders will acquire annual fixed coupons (hobby payments) as long as they preserve the quantity and the authorities do now not stop the Consol.
Perpetuity is a perpetual annuity, it's miles a chain of the same countless coin flows that arise at the quit of each length and there may be the same c programming language of time among the coin flows. the present value of perpetuity equals the periodic coins float divided by using the interest rate. A perpetuity is the sum of a regular collection of fixed payments to be able to by no means stop. it's miles present-day price of all the one's bills inside the destiny. a few human beings define perpetuity as an annuity within the general experience (as opposed to the unique insurance settlement).
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Option C
This practice is most consistent with the behavioral sciences approach
<u>Explanation:</u>
The behavioral science strategy to management converges on the psychical and sociological manners (character, impulses, group dynamics) that impact worker play. Behavioral science practices analysis and the experimental approach to ascertain and learn performance in the workplace.
Behavioral science in the business management context is a particular utilization of this area and manipulates several particular kinds of behavioral investigations. This incorporates notions such as erudition processing, relations and urge, and organizational advancement. Organizational advancement is a continuing, methodical manner of realizing practical organizational variance.
Answer:
False
Explanation:
The revenue principle and the matching principles are two principles that help in the determination of the period in which expenses and revenues are recognized. In line with the principle, as long as any revenue is realizable, then such expenses or revenues are recognized. As long as services are rendered or goods transferred, regardless of the time in which the cash is received, revenue is recognized. However, accrued revenue is that which is recognized before receiving cash, while deferred revenue is the revenue recorded or realized after receiving cash.
