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Svetach [21]
3 years ago
12

FICO is a credit score. True False

Business
1 answer:
Oksana_A [137]3 years ago
8 0

Answer:

True

Explanation:

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Peter Lynchpin wants to sell you an investment contract that pays equal $22,500 amounts at the end of each of the next 20 years.
Effectus [21]

Answer:

The amount to be paid for the contract today = $220,908.32

Explanation:

<em>The amount to be paid for the contract today will be equal to the present value of the annuity of $22,500 payable for 20 years discounted at a rate of 8% per annum.</em>

Present Value = A ×( 1 - (1+r)^(-n))/r

A- 22,500, r- rate of return - 8%, n -no of years 20 years

PV = 22,500 ×( 1-(1.08)^(-20) )/ 0.08

PV = 22,500 ×9.8181

PV = $220,908.32

The amount to be paid for the contract today = $220,908.32

7 0
3 years ago
Job enrichment differs from job rotation in that job enrichment Select one: a. empowers workers by adding more decision-making a
pychu [463]

Answer:

a. empowers workers by adding more decision-making authority to their jobs.

Explanation:

Job enrichment differs from job rotation in that job enrichment empowers workers by adding more decision-making authority to their jobs.

Job enrichment can be defined as a strategic approach or technique adopted by organizations, which typically involves the process of adding more authority, dimensions and responsibility to the job of an employee in order to get them motivated and induce greater satisfaction. For example, an employee whose job description is to stock shelves, could be enriched to take customer orders, incoming inventory and closing sales.

On the other hand, job rotation can be defined as the process in which employees are shifted or moved from one job function to another at regular intervals in order to boost their knowledge, skills and experience.

4 0
3 years ago
1. Descriptive research is conducted for all of the following reasons except ________. a. to describe the characteristics of rel
Softa [21]

Answer: c. To understand which variables are the cause and which variables are the effect of a phenomenon

Explanation:

The options include:

a. To describe the characteristics of relevant groups, such as consumers, salespeople, organizations, or market areas

b. to determine the degree to which marketing variables are associated

c. to understand which variables are the cause and which variables are the effect of a phenomenon

d. to determine the perceptions of product.

Descriptive research simply refers to a research type that is used in the description of a population that the researcher is studying.

It simply answers questions such as when, what or how in the research. The subject of the research is being described here.

From the options given, we should note that the descriptive research isn't conducted to understand which variables are the cause and which variables are the effect of a phenomenon.

5 0
2 years ago
If the price of jelly goes up by 10 percent, we observe a decrease in the quantity demanded of peanut butter of 20 percent. the
Sedaia [141]
Cross price elasticity refers to the measure of responsiveness of the quantity demanded of a product to a change in price of another good. 
From the question given above, 
cross price elasticity = -20% / 10% = -2.
The cross price elasticity for the goods above is - 2. Which means that the goods are not substitutes. 
A positive cross price elasticity which is greater than zero means that the goods are substitutes.
6 0
3 years ago
What are the items that can result in higher interest earned
Eduardwww [97]
<span>A higher interest rate and/or a higher balance will result in higher interest earned.</span>
6 0
3 years ago
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