The president of a growing engineering firm wishes to give each of 20 employees a holiday bonus. how much needs to be deposited each month for a year at a 12% nominal rate, compounded monthly, so that each employee will receive a $2,500 bonus?
Given that: F (Future worth) = $2,500, i (nominal interest rate) = 0.12, compounded monthly = 12 months, years of investment = 1 year, and no. of employees = 20. Compute using the annuity formula: A=Fi/(((1+i)^n)-1). Calculating i = 0.12/12 = 0.01, since it is compounded monthly. Calculating n (total number of compounding) = 1 x 12 = 12, since year of investment is equal to 1. Substituting F=2500, i=0.01 and n=12 to the annuity formula, you will get A=$197.12. Multiply by 20, you will get $3,942.44.
To calculate how much needs to be deposited each month for a year at a 12% nominal rate, compounded monthly, the future value formula is used. The payment would be approximately $207.57 per month.
Explanation:To calculate how much needs to be deposited each month for a year at a 12% nominal rate, compounded monthly, we need to use the future value formula. The formula is:
Future Value = Payment x [(1 + Interest rate/compounding periods)^(compounding periods x years)]
In this case, the future value we want to achieve is $2,500 for each employee, and we want to deposit each month for a year.
Substituting the values into the formula, we get:
2500 = Payment x [(1 + 0.12/12)^(12 x 1)]
Simplifying the equation gives us:
Payment = 2500 / [(1.01)^12]
Using a calculator, we can calculate:
Payment ≈ $207.57
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Several large banks manipulated the reported rates on which key money market rate?
When tamara is alone with michael, she tells him, "i care about your success as a sales associate and believe that the way you interact with clients is hurting your results." tamara's criticism could be more constructive if she remembered to?
Tamara’s criticism could be more constructive is Tamara will remember and take note of requesting or having to tell him regarding about the changes that he may apply or develop with his behavior in the upcoming task or in the future.
Tamara's criticism can be more constructive by using a positive and supportive tone, giving specific suggestions, and following the principles of effective interpersonal communication.
To make Tamara's criticism more constructive, she should utilize a more positive and supportive tone, adding specific examples and suggestions on improving client interactions.
This practice falls under the principle of effective interpersonal communication, where feedback should be actionable and encouraging, rather than simply pointing out negative aspects.
In the case of James and Maria's performance appraisal, my advice would be to maintain honesty and integrity in the appraisal process. While understanding the personal circumstances of an employee, such as financial difficulties, it is critical for James to provide accurate and fair feedback based on Maria's performance.
Marketing manager joe driscoll stated that the company believes that all brands and product categories can be reinvigorated, actively using cross promotions during the latter stages of __________.
Marketing Manager Joe Driscoll stated that the company believes that all brands and product categories can be reinvigorated, actively using cross promotions during the latter stages of cross promotion. Cross promotion is a marketing techniques, in these two companies come for joint promotion of its products or service.
Marketing manager Joe Driscoll stated that the company believes that all brands and product categories cab be reinvigorated actively using cross promotions during the latter stages of product decline.
In a product life cycle, product goes with different stages like introduction, growth, maturity and decline. Product or brand having same life cycle, brand or product can be energized by using cross promote on marketing technique.
Answer;
The product life cycle
-Marketing manager joe driscoll stated that the company believes that all brands and product categories can be reinvigorated, actively using cross promotions during the latter stages of the product life cycle.
Explanation;
-Product life cycle is a sequence of stages through which a new product progresses from its introduction to growth, maturity and the decline stage.
-These stages are associated with changes in the marketing situation, thus impacting marketing strategy and the marketing mix.
What is meant by "you can't manage what you don't measure." what are the key differences between "big data" and "analystics"? what did the airline do to improve etas? what did sears do to improve personalized promotions? what is a hippo? what must executives who want to lead a big data transition do? what are the five management challenges?
In order for ads to be effective, what is the first thing that they must do?
Offer reasons why the product is better than others.
Be seen and get the attention of consumers.
Get the consumer to visit a store.
None of the above.
For advertisements to be effective for companies to sell their products. Companies need their advertisement to (B) be seen and get the attention of consumers.
It is important for advertisements to grab the attention of the customers, since if it doesn’t, then the advertisement does not manage to its job well, and the product will not sell as much as they should. (B) should be the first thing an advertisement aims to do.
Answer:
The correct answer is letter "B": Be seen and get the attention of consumers.
Explanation:
Effective ads follow a set of requirements that include but are not limited to be unforgettable; coincide with customers and deliver a message that is personally meaningful; share how the product or service blends into the lives of customers; and, most importantly, be attractive and in plain sight so that anybody can see it.
A research study uses a single sample of participants to evaluate the effect of a treatment. the results of the hypothesis test are reported as follows: t(14) = 2.73, p < .05. based on this report, what was the statistical decision?
Based on this report, there were 15 individuals in the sample. The explanation for this is shown as
Using the formula df = n – 1, and n = df + 1, substituting the values given in the problem to the formula, we get n = 14 + 1. Therefore, n is equal to 15.
The goal during the ________ of the personal selling process is gain the customer's attention and build the foundation for the sales presentation?
In homologous recombination, the term "patch product" refers to
Perfect pizza wants to install a system to record orders for pizza and chicken wings. when regular customers call perfect pizza on the phone, they are asked their phone number. when the number is typed into a computer, the name, address, and last order date is automatically brought up on the screen. once the order is taken, the total, including tax and delivery, is calculated. then the order is given to the cook. a receipt is printed. occasionally, special offers (coupons) are printed so the customer can get a discount. drivers who make deliveries give customers a copy of the receipt and a coupon (if any). weekly totals are kept for comparison with last year's performance. write a summary of business activities for taking an order at perfect pizza
The process for taking an order at Perfect Pizza involves asking for the customer's phone number, bringing up their information on the computer, calculating the total, giving the order to the cook, printing a receipt, and providing any coupons or discounts. Weekly totals are also kept for comparison.
Explanation:The process for taking an order at Perfect Pizza involves several steps:
When regular customers call, they are asked for their phone number.The phone number is typed into a computer, which brings up the customer's name, address, and last order date on the screen.The order is taken and the total, including tax and delivery, is calculated.The order is given to the cook and a receipt is printed.If there are any special offers or coupons, they are printed for the customer to receive a discount.Drivers give customers a copy of the receipt and a coupon (if any) when making deliveries.Weekly totals are kept for comparison with last year's performance.Learn more about Taking an order at Perfect Pizza here:https://brainly.com/question/28830025
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The secretary of state can compel involuntary dissolution when a corporation:
Geri is a minor. Without her parents’ knowledge, she signs a contract to buy an airline ticket to Hawaii for spring break. Geri’s parents are liable for
Question 1. use the above survey results to construct a 95% confidence interval for the proportion p of all ohio state university female students who would be willing to walk somewhere after dark that they would normally not go if they had a cell phone.
What three steps are required for calcareous ooze to exist below the ccd?
Dma corporation has bonds on the market with 16.5 years to maturity, a ytm of 7.7 percent, and a current price of $1,065. the bonds make semiannual payments and have a par value of $1,000. what must the coupon rate be on these bonds?
The coupon rate of DMA Corporation's bonds can be calculated using the present value of an annuity formula, factoring in the current bond price, yield to maturity (YTM), and the number of periods until maturity. By solving for the coupon payment and converting it into an annual rate, we attain the coupon rate for the bonds, which are making semiannual payments.
To calculate the coupon rate of DMA Corporation's bonds, we need to use the present value of an annuity formula, since the bonds make semiannual payments. The bond's current price, maturity, yield to maturity (YTM), and par value are essential variables for computing the coupon rate. We can use the formula for calculating the present value of an annuity to determine the coupon payments that equate to the current bond price when discounted at the bond's YTM.
The formula to apply here, considering semiannual payments, would be:
Current Bond Price = (Coupon Payment / YTM per period) * (1 - (1 + YTM per period)^(-Number of periods)) + (Par Value / (1 + YTM per period)^(Number of periods))
Where:
Current Bond Price = $1,065
Par Value = $1,000
YTM per period = 7.7% / 2 = 3.85%
Number of periods = 16.5 years * 2 = 33 periods
By substituting these values into the formula and solving for the Coupon Payment, we can determine the coupon rate by multiplying the annual total coupon payment by 100 and then dividing by the par value of the bond.
Once we calculate the semiannual Coupon Payment, the coupon rate would be twice that amount (because it's semiannual) divided by the Par Value, and then multiplied by 100% to get the percentage rate.
This calculation requires solving a present value formula, which often requires financial calculator or spreadsheet software for iterative solving, as it cannot be isolated algebraically for the coupon payment directly. The result gives us the coupon rate that makes the present value of the bond's future cash flows equal to its current market price.
Industry low, industry average, and industry high cost of benchmarks on p 6 of each issue of the footwear industry report are
Colorado Traffic laws are revised each year by
The correct answer is: C) Colorado General Assembly revises Colorado traffic laws annually, demonstrating state-level legislative authority over traffic regulations.
Colorado traffic laws are annually revised by the Colorado General Assembly, the state's legislative body.
The Colorado General Assembly consists of two chambers: the House of Representatives and the Senate.
Members of the General Assembly, including state representatives and senators, propose, debate, and vote on changes to traffic laws.
Proposed revisions to traffic laws are typically introduced as bills in either chamber of the General Assembly.
Committees within the General Assembly review and amend proposed bills before they are presented for consideration by the full chamber.
Once approved by both chambers of the General Assembly, revised traffic laws are sent to the Governor for approval.
Upon the Governor's signature, revised traffic laws become enacted and enforceable within the state of Colorado.
The revision process ensures that traffic laws are periodically updated to reflect changing circumstances, technologies, and societal needs.
Colorado traffic laws are revised each year by ?
A ) department highway administration
B) u.s department of transportation
C) colorado general assembly
D) state representative from the various Colorado state congressional district
E) none of the above
If the distinct keyword is not included in the avg function, the ____ keyword will be assumed.
In SQL, when you use the AVG function without the DISTINCT keyword, the ALL keyword is implicitly assumed, meaning all values, including duplicates, are considered in the calculation of the average.
Explanation:In SQL, when using the AVG function to calculate the average of a set of values, if the DISTINCT keyword is not included, the ALL keyword is implicitly assumed. The ALL keyword means that all values, including duplicates, will be used in the calculation of the average. With DISTINCT, on the other hand, duplicates are ignored, and every unique value is counted only once when calculating the average.
For example, if you have the values {3, 3, 4, 5}, the AVG with DISTINCT would be 4, because it would only consider unique values (3, 4, 5). Without DISTINCT, the ALL keyword would be implied, and the average would be 3.75, because it would consider all values, including the duplicated 3.
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What is the most important factor determining bankruptcy, according to the altman z-score model?
The Altman Z-Score model determines bankruptcy based on a company's financial ratios like Working Capital/Total Assets and Retained Earnings/Total Assets.
The most important factor determining bankruptcy, according to the Altman Z-Score model, is the company's financial condition as indicated by various financial ratios.One of the key ratios used in the Altman Z-Score model is the Working Capital / Total Assets ratio, which reflects a company's ability to cover short-term obligations with its assets.Another crucial ratio is the Retained Earnings / Total Assets ratio, indicating the proportion of assets financed through earnings rather than debt, influencing the company's risk of bankruptcy.Organizational development ____.
a. requires a steering committee
b. takes a short-term approach to change
c. is a philosophy and collection of planned change interventions
d. assumes that top management support is not necessary for change
e. is accurately described by all of these
The first question you ask is: "gearup has several offices located around the country. what kinds of networks will gearup need to implement and/or support in this scenario?" which answer must applicants give in order to move on to the next interview?
Vinny asks if he should force Spud to finish the job. Could Oscar get a court order requiring Spud to actually build the display?
A company just paid a dividend of $2.87 per share. the dividend is expected to grow at 25 percent per year for the next five years. thereafter, the dividend growth rate is expected to be 6 percent per year into the foreseeable future. calculate the dividend expected to be paid 8 years from today ( that is, at t = 8).
At year 0, Dividend per share is $ 2.87
At year 1, Dividend per share is Div prev year * 1.25 or 2.87 * 1.25 = 3.5875
At year 2, Dividend per share is 3.5875 * 1.25 = 4.4844
At year 3, Dividend per share is = 4.4844 * 1.25 = 5.6055
At year 4, Dividend per share is = 5.6055 * 1.25 = 7.0068
At year 5, Dividend per share is = 7.0068 * 1.25 = 8.7585
At year 6, Dividend per share is = 8.7585 * 1.06 = 9.2841
At year 7, Dividend per share is = 9.2841 * 1.06 = 9.8411
At year 8, Dividend per share is = 99.8411 * 1.06 = 10.4316
Or using the equation D8 = 2.87*(1.25)^5 * 1.06^3 = 10.4316
Answer is 10.4316
Abc insurance company has accepted a life insurance application which contains unanswered questions. the company then makes the application part of the life contract. in this situation, the insurer has
In this situation, the insurer has "waived one of its legal rights".
If an insurer acknowledges an application that contains unanswered inquiries and makes the application part of the existence get, the organization has deferred one of its lawful rights.
An insurer’s reservation of rights is a vital legitimate advance, especially with regards to obligation protection. The safety net provider may give a guard to the safeguarded, apparently shielding the protected from the genuine liabilities that may result from a common suit. The obligation safety net provider is alarming the guaranteed respondent that protection may at last not cover the subsequent risk, or a segment of the liability.
Abc insurance company has accepted a life insurance application which contains unanswered questions. The company then makes the application part of the life contract. in this situation, the insurer has waived one of its legal rights.
In this situation, the insurer, ABC Insurance Company, has waived one of its legal rights by accepting a life insurance application that contains unanswered questions and making it part of the life contract. Typically, insurers have the right to reject or decline an application that is incomplete or contains unanswered questions.
However, by accepting the application and proceeding with the issuance of the life contract, the insurer has chosen to waive this right and treat the incomplete application as valid. This action signifies the insurer's decision to proceed with the contract despite the unanswered questions, potentially assuming additional risk or liability.
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Manufacturers begin building a new plant in arizona. which determinant of aggregate demand causes the change?
You are considering two ways of financing a spring break vacation. you could put it on your credit card, at 17 % apr, compounded monthly, or borrow the money from your parents, who want an interest payment of 9 % every six months. which is the lower rate?
Q 7.24: companies that report inappropriate current assets as cash and cash equivalents may appear to be
Calculate the midpoint price elasticity of demand between 80,000 and 100,000
What are the basic trends in diversity in the united states today? what accounts for these trends?
Trends in diversity include gender, age, ethnicity, immigration. Several different factors have accounted the trends and changes in diversity in the workforce. These factors include: changing demographics in the labor force; employers are casting a broader net in recruiting and are looking beyond traditional sources for new employees; legislations and legal action have forced organizations to hire more diverse staff; and the globalization movement
Over a period of several decades, coffee consumption declined from 75% of the adult population in 1962 to 49% in 2004. then, it increased to 56% in 2010. a firm with a good marketing orientation would have