Answer:
D. But they may have several common points
Explanation:
Although all projects are unique, they still share similar similarities. So knowledge can be transferred.
This was after the Civil war. African Americans preferred sharecropping to wage labor because <span>they preferred the autonomy of farming their own plots. During this time, most blacks found employment in sharecropping. Hope this answers your question. Have a great day!</span>
Answer:
The correct option is B,15.65%
Explanation:
Modified Internal Rate of Return(MIRR) can be determined by using the excel MIRR function,whose formula is given below:
=MIRR(values,finance rate,reinvestment rate)
The values are the cash inflows and the initial capital outlay of $850
the finance rate is the same as the reinvestment of 10% which is the rate of return that would make the investment present values of cash inflows equal the initial investment
MIRR=15.65% as found in the attached.
Answer: a. $485
b. $15
c. 32.28%
Explanation:
a. how much will Jill save by paying within the discount period?
3% × $500 = 3/100 × $500 = 0.03 × $500 = $15
The amount saved will be:
= $500 - $15.
= $485
b) what will it cost Jill to retain the use of credit for 45 days?
This will be:
= 3% × $500
= 3/100 × $500
= 0.03 × $500
= $15
c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?
c) The annual interest will be calculated using:
= P x R x T
where,
I = interest = $15
P = principal = $485
R= rate of interest = Unknown
T= time factor = 15/365 = 0.0958
Then, annual Interest rate will be:
R = 15/ (485 x 0.0958)
R = 32.28%
Annual Interest rate is 32.28%
Answer: a) $1,000 + $1,000 x .08 x 3 = $1,240
Explanation:
Monthly retirement Benefit at age 67 = $1000
Incremental rate on benefit beyond age 67 = 8%
Incremental rate on benefit beyond age 70 = 0
Period = 70 - 67 = 3years
Estimated monthly benefit at age 72;
Monthly benefit at age 67 + (monthly benefit at age 67) × incremental rate × increment period × 12
$1000 + ($1000 × 0.08 × 3 )
$1000 + $240.00
=$1240
Similarly,
This means monthly rate = 8% / 12 = 0.0066667
Total period = 12 × 3 = 36 months
Total = Principal + (principal × rate × time)
1000 + (1000 × 0.0066667 × 36)
1000 + 240.0012
1,240.0012 = 1240