Answer:
Multiply the amount in the account by the nominal interest rate
Explanation:
Answer:
The correct answer is letter "D": Volunteer to help Terry train Susan on the safety procedures.
Explanation:
According to the case, Terry might know about the safety procedures of the company but he is not committed to them. Thus, he is not the best example to provide training for a new employee. In such a situation, we could volunteer to train both Terry and Susan -<em>the new hire</em>- on how to efficiently and effectively follow the safety guidelines of the firm.
Answer: Follow up with a letter that documents the call and promotes goodwill.
Explanation: The given case, belongs to the public relations concept under which the company tries to interact better with their customers, so that the customers enjoy a healthy experience and the image of the company remains positive.
The proper way to address a complaint call is to follow up by giving a letter stating the explanation apologies, excuses shall not be mentioned and assurance should be provided that such action would not be taken in future.
Answer:
Yes, earning sensitivity will change in the long run
Explanation:
Earnings Sensitivity Analysis helps in determining the impact of an independent variable over a particular dependent variable based on various assumptions. This comparison on its own, measures changes in the long run.
This technique helps managers in determining the change in net interest income in correspondence to wide range of interest rates.
The repricing gap in the long term window will measure of the difference between the dollar value of assets that will reprice and the dollar value of liabilities that will reprice within a specific time period.
A possible implication is potential to receive a new interest rate.
The assets that could explain the positive reprising gap is Accounts payable and investments.
Two examples of Liabilities are: Short term loans and accounts payable.
Answer:
$ 358,063
Explanation:
Calculation for the amount that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires.
Ruby's IRA worth when she retires at age of 65
First step
Using this formula to find how many years until Ruby retires
Time period= Retired age (-) current age
Let plug in the formula
65-25=40 years
Second step is to find the future value of IRA when she retires
Using this formula
Future value of IRA when she retires
= Present value(1+r)t
Let plug in the formula
$ 11,400 (1+0.09) ^40
=$11,400 (1.09) ^40
=$ 11,400 (31.409)
= $ 358,063
Therefore the amout that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires will be $358,063
