Answer: Joy, who likes to work hard until a task is completely finished.
Explanation:
From the question, we are informed that Arney has been retained by Fluffy Soft Programmers to hire a new worker because he is an expert at personality types and their effect on job performance.
Out of the options that are given in the question, Arney should hire Joy, who likes to work hard until a task is completely finished. Other options are not good options in this case and wouldn't bring positivity to the organization.
Option answer:
d. Interest = $10.64 and New Balance = $360.64
Answer:
A = $360.64
A = P + I where
P (principal) = $350.00
I (interest) = $10.64
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 1.5/100
r = 0.015 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 350.00(1 + 0.015/4)(4)(2)
A = 350.00(1 + 0.00375)(8)
A = $360.64
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $350.00 at a rate of 1.5% per year compounded 4 times per year over 2 years is $360.64.
Answers:
Correct answer:
1. Investment
2. Trade-off of present for future benefit
Incorrect answers:
1. The only possible decision
2. The consumption of consumer goods.
Answer: 16.3%
Explanation:
Given the details in the question, the cost of preferred capital can be calculated using the CAPM method.
Cost of preferred stock using the Capital Asset Pricing Model is:
= Risk free rate + Beta * ( Market return - Risk free rate)
= 4% + 1.23 * (14% - 4%)
= 16.3%
