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2 years ago

It is important to know your own strengths and weakness. Please select the best answer from the choices provided T F.

Business

1 answer:

Schach [20]2 years ago

6 0

Answer:

True 

Explanation:

Knowing one's weaknesses and our strengths gives you better understanding of yourself and how you best operate.

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You will receive $5,000 a year in real terms for the next 5 years. Each payment will be received at the end of the period with t

photoshop1234 [79]

Answer:

$20,229.5

Explanation:

Given:

Amount to be received = $5,000

Time period, n = 5 years

nominal discount rate = 10.725%

inflation rate = 3 percent

Now,

Using the Fischer's relation, we have

1 + Nominal rate = ( 1 + Real rate ) × ( 1 + Inflation )

on substituting the values, we get

( 1 + 10.725% ) = ( 1 + Real rate ) × ( 1 + 3% )

1.10725 = ( 1 + Real rate ) × 1.03

( 1 + Real rate ) = 1.075

Real rate = 1.075 - 1 = 0.075 or 7.5%

Thus,

Present Value of an ordinary annuity that makes $5000 every year payment for 5 years will be calculates as:

Present value = Monthly payment × $[\frac{(1-(1+r^{-n})}{r}]$

Present value = $5000\times[\frac{1 - (1 + 0.075)^{-5}}{0.075}]$

Present value = 5000 × 4.0459

Present value = $20,229.5

3 0

3 years ago

Presented below is information related to the purchases of common stock by Flint Company during 2020. Cost (at purchase date) Fa

Alona [7]

Answer:

Solution attached in picture

Explanation:

5 0

3 years ago

________ influences include an individual's motivations, perceptions, ability to learn, and attitudes. A. Personal B. Psychologi

ira [324]

Try B. Psychological

6 0

3 years ago

To decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and

alekssr [168]

When deciding the cost of an insurance policy being applied to the customer, then the underwriting experts used the concept of data analytics.

Option C is the correct answer.

<h3>What is underwriting?</h3>

Underwriting is the act where the underwriters confirm the loan approval after analyzing the debt, income, and assets of the borrower.

The concept of data analytics is one of the processes applied to analyze the data along with collection and modeling. it helps the underwriters to figure out the conclusions based on the trends and patterns of the data.

Therefore, data analytics is the tool that underwriters used to compute the cost of insurance policy for the customer.

Learn more about the underwriting in the related link:

brainly.com/question/24988092

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6 0

2 years ago

Where do you pay a bill by credit card when the bill was not entered through the enter bills window?

omeli [17]

To pay the bill by credit card when the bill was not entered through the enter bill window -The pay bill windows on the Home window are used to pay a bill by credit card.

Write check window is used to pay sales tax,payroll taxes and when paying bill track with accounts payable.

Credit cards let you borrow money from a bank below the agreement that you will pay off it by way of your bill's due date or incur interest fees.

A credit card is a kind of credit facility, provided through banks that allow customers to borrow finances inside a pre-authorized credit score restriction. It enables clients to make buy transactions on goods and services.

A credit score card loan works like a personal mortgage from a bank, with cash deposited at once into your financial institution account and repaid in month-to-month installments.

Learn more about credit card here: brainly.com/question/6872962

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4 0

2 years ago