Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
Obviously, the lifetime membership isn’t a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it’s a great deal. Suppose that the appropriate annual interest rate is 7.9%. What is the minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying $750 in annual membership dues? (Note: Round your answer up to the nearest year.)
Question:
Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a professional organization for divorce attorneys. The membership dues for the ADLA are $800 per year and must be paid at the beginning of each year. For instance, membership dues for the first year are paid today, and dues for the second year are payable one year from today. However, the ADLA also has an option for members to buy a lifetime membership today for $8,500 and never have to pay annual membership dues.
Obviously, the lifetime membership isn't a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it's a great deal. Suppose that the appropriate annual interest rate is 7.9%. What is the minimum number of years that Lloyd must remain a member of the ADLA so that the lifetime membership is cheaper (on a present value basis) than paying $800 in annual membership dues?
A. 14 years
B. 13 years
C. 19 years
D. 23 years
Answer:
19 years (Kindly note the above question is bit different in numbers because I was unable to find the remainder part of your question. But it provides excellent understanding of the question).
Explanation:
Here, we have four options and we will start finding "Advance Annuity" from the least number which is 13% and then we move to a greater number.
Best Choice:
The best choice will be the one which is almost equal to or smaller than the value of the lifetime membership $8,500 and takes least time.
For 13 Years
Annuity = Cashflow * (1 + Annuity Factor at 7.6%)
Annuity at 7.6% for 13 years = (1 - (1 + 7.6%)^-(13 - 1) / 7.6% = 7.6948
Annuity = $800 * (1 + 7.6948) = $6,956
Similarly for 14 Years:
Advance Annuity = Cashflow * (1 + Annuity Factor at 7.6%)
Advance Annuity at 7.6% for 14 years = (1 - (1 + 7.9%)^-(14 - 1) / 7.6% = 8.0807
Advance Annuity = $800 * (1 + 8.0807) = $7265
Similarly for 19 Years:
Advance Annuity = Cashflow * (1 + Annuity Factor at 7.6%)
Advance Annuity at 7.6% for 19 years = (1 - (1 + 7.9%)^-(19 - 1) / 7.6% = 9.6377
Advance Annuity = $800 * (1 + 9.6377) = $8510.16
As the annuity value slightly crosses $8500, hence it is somewhat between 18 to 19 years. Thatswhy we will not consider the last option with 23 years as the nearest option is 19 years.
What is the definition of business
Answer:
See below
Explanation:
Business refers to the practice of producing or purchasing goods and services for sale to make a profit. It is the act of engaging in commercial activities of buying and selling products and services for profits.
Business entails individuals and companies' activities of supplying desired products and services to customers with profit motives. A businessperson identifies a need in the community. He or she sells to the community goods or services that satisfy that need a higher price to make a profit.
This is not a school question but
Who here watches Larray on YT
Answer:
Me. I love him.. lol. He's Funny
Answer:
MEEEEEEEEEEEEEEE
Explanation:
If the company uses the horizontal linkage model, how can the software development department expect to do its work? Check all that apply.
(a)-Software development employees will receive customer feedback about whether the products are helpful to students.
(b)- Software development employees will have opportunities to tell the research and marketing departments if a new product idea cannot be brought to market in a timely or cost-effective manner.
(c)-Instead of getting orders from the top management about what products to make, based on what the research department recommends, software development employees will participate on teams that collect data and make decisions.
(d)-The software development department will not have contact with people and ideas outside the organization, such as educational think tanks and open source app developers.
Answer:
A)Software development employees will receive customer feedback about whether the products are helpful to students.
B)Software development employees will have opportunities to tell the research and marketing departments if a new product idea cannot be brought to market in a timely or cost-effective manner.
C)Instead of getting orders from the top management about what products to make, based on what the research department recommends, software development employees will participate on teams that collect data and make decisions.
Explanation:
Horizontal linkage model, gives room to departments in an organization to have relationship in working out new product such as commercial products.horizontal linkage model gives room for a good relationship between worker/employee within a particular organization.
If the company uses the horizontal linkage model, the software development department are expected to do its work by taking actions such as;
✓Receiving feedback from customers about how helpful the product is to the consumer of it.
✓ the relationship the model create will allow the software development employees to communicate with research and marketing departments
if new product ideals cannot be brought to market in a timely or cost-effective manner.
✓development employees will
have a team parformance, to collect data and make decisions.
Learning Objective 4 - Prepare Financial Statements
From the data below prepare an income statement, a statement of owner's
equity, and a balance sheet for the month ended March 31, 200x for Snow
Excursions Company.
Description
Balances on March 31, 200x
Jon Snow Capital (beg balance)
S2,000
Snow Equipment
1.000
Rent Expense
400
Accounts Payable
2,000
Fee Revenue
1.000
Cash
3,000
Utilities expense
100
Accounts Receivable
150
5
Salary expenses
200
Withdrawals
150
Answer:
150Explanation:
Business professionals often use the acronym SMART to describe good business goals. What does the acronym stand for?
The acronym SMART stands for Specific,
, Achievable, Realistic, and
.
Answer:
and timely the last ones timely
Answer: Realistic!
Explanation: I took the test
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Alex bought a new television at Christmas. Now that same television costs $200 less than her purchase price. What does this example BEST demonstrate?
A. income risk
B. interest rate risk
C. inflation risk
Answer: С. inflation risk
Explanation:
You're welcome :)
Alex received a new television for Christmas. This is best described as inflation risk because the same television now costs $200 less than her purchase price. Option C is correct.
What is inflation risk?Inflationary risk is defined as the risk that inflation will cut down the returns on an investment by trimming purchasing power. This is basically means that the value of money at present will reduce the amount of money in the upcoming time period.
The given scenario best explains that the value of television that was purchased in Christmas, will reduce after some time, denoted the example of inflation risk.
Therefore, option C is correct.
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When reconciling or balancing your checking account, which of the following correctly describes the math?
A) add withdrawals and fees, subtract deposits
B) add deposits, subtract withdrawals and fees
Answer:
B) add deposits, subtract withdrawals and fees
Explanation:
A checking account is a deposit and saving account held in a financial institution, mostly a bank. The user or owner of the checking account is allowed to deposit and withdraw money as frequently as they deem necessary without incurring access fees.
Money held in a checking account is accessible using different ways, including debit cards, ATMs, and over the counter. When reconciling a checking account, one needs to subtract the sum of "money out" from "money in. "
"Money in" comprises mostly of deposits. "Money out" is the total of withdraws plus other bank charges levied to the account.
If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3% thereafter, the bond is called afloating-rate bond. The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the . When are issuers more likely to call an outstanding bond issue? When interest rates are lower than they were when the bonds were issued When interest rates are higher than they were when the bonds were issued.
Answer:
If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3% thereafter, the bond is called a floating-rate bond.
True
The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called the INDENTURE.
When are issuers more likely to call an outstanding bond issue?
When interest rates are lower than they were when the bonds were issuedA bond is basically corporate debt, a lot of IUOs. Imagine that you need money to buy something and since you are in a rush you use your credit card that charges a 15% interest rate. Lets say you spent $5,000, and 15% of that is $750. After things settle down and you are not in a rush anymore, you realize that there are other lending options. So you go to your bank and find out that you can get a 2 year loan at a 6% interest rate. Any reasonable person would get the loan and pay the credit balance in order to save interest charges.
The same happens to corporations that borrow money, but if the interest rate decreases, they will be willing to refinance the old loan that charges a high interest rate with a new loan that charges a lower interest rate.
State the classification of occupation
Answer: All workers are classified into one of 867 detailed occupations according to their occupational definition. To facilitate classification, detailed occupations are combined to form 459 broad occupations, 98 minor groups, and 23 major groups.
Explanation:
The International Standard Classification of Occupations is an International Labor Organization classification structure for organizing information on labor and jobs. It is part of the international family of economic and social classifications of the United Nations.
Answer:
can I answer your all questions
Can we run our business without training or not? Give reason.
Answer:
Ha we can run our business if we have knowledge
and we have the grip on it and first we have to put interest.
Answer:
Yes we can start our own bussiness without training. We just have to start the bussiness in the field of that thing, in which we are the most expert.
What are four important factors to remember before making a career decision?
Answer:
To make a career decision you need to focus on four really important things.
1. You should know what interests you and what do you want to keep on pursuing in the future.
2. Evaluate your skills that are you even capable of doing that work that interests you or are you suitable for some other work.
3. Work attitudes, meaning that do you really have the attitude for the work?
4. Training and Education, this means that are you qualified enough for that specific work.
Explanation:hope it helps
the greater the dash the easier the object will move
Answer:
correct. its true and I absolutely agree with you. good job
Explanation:
Bc y=2x-1^3 is the equation
The main difference between a matrix-style organization model and a cross-functional team is: Question 6 options: the matrix model has a limit on the number of functional units who send an expert to join the team, whereas the cross-functional team does not. the matrix model is a temporary arrangement, whereas the cross-functional team is a more permanent arrangement. the matrix model shares leadership responsibilities within the group, whereas the cross-functional team does not. the matrix model is a more permanent arrangement, whereas the cross-functional team is a temporary arrangement.
Answer:
the matrix model is a temporary arrangement, whereas the cross-functional team is a more permanent arrangement.
Explanation:
The matrix model is a temporary setting where participants report back to their functional unit upon completion of the project. The cross-functional team is a more stable system where the same team works on multiple projects.so correct option is the matrix model is a temporary arrangement, whereas the cross-functional team is a more permanent arrangement.What are the subjects of economics
Answer:
Econometrics.
Economic policy.
Legal studies.
Money and banking.
Global finance.
Economic history.
International trade.
Collective decisions.
Explanation:
I believe this is what you are asking for. Hope this is helpful :).
Which statement best summarizes why productivity of workers is important to businesses? (5 points)
Group of answer choices
Productive workers save businesses time and money.
Productive workers work cooperatively with teammates.
Productive workers tend to be promoted to management.
Productive workers work slowly to produce high quality items.
Answer:
Productive workers save businesses time and money.
Explanation:
Productive workers save businesses time and money - this statement best summarizes why productivity of workers is important to businesses.
Why productivity of workers is important to businesses?Productivity stands for the efficiency of the production of goods or services represented by some measure. Employee productivity exists as an estimation of an employee's or a group of employees' efficiency.
Employee productivity exists essential regardless of the industry your business operates in or its size. Productivity directs to better customer service, a healthful work environment, and satisfied employees. Improved productivity also improves output, or production, usually for the exact amount of work or less.
The correct answer is option A.
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When making a major purchase, people should
O consider their future needs.
O always finance the product.
O buy the most expensive product.
O weigh what their friends think.
Think about their future requirements; you don't want to spend all of your money on one item if you need other items. Hence option A is correct .
Why should we purchase wisely ?Consider your budget as a "spending plan," a technique to keep track of the amount of money you have, the expenses it must cover, and any leftover funds. Your spending plan should prioritize your "needs" before any attainable "wants." Your expenses should be at or below the level of your gross income.
Customers may choose not to purchase a good or service for a variety of reasons. Sometimes it is because they are unable to locate what they are seeking for. Others charge an excessive price. Additionally, a buyer might not always have enough faith in a company to make a transaction.
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Which type of tort happens when you unfairly damage another company's reputation?
A.
Fraud
B.
Conflict
C.
Interference
D.
Defamation
Please select the best answer from the choices provided
A
B
C
D
Answer:
D
Explanation:
Cooperatives save members money by
O purchasing supplies and services as a group.
securing financing from banks as a group.
O charging more to sell their products as a group.
O sharing all profits democratically as a group.
Answer: A
Explanation: by purchasing supplies and services as a group
Cooperatives save members money by purchasing supplies and services as a group securing financing from banks as a group.
What are cooperatives?Cooperatives are a type of financial institution that is owned and run by members of the cooperative. Each member in the cooperative have equal rights and privileges.
Members in a cooperative save their money and this money is lent out to members at a low level of interest rate.
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List the 3 reasons why the Law of Demand occurs.
Answer: Substitution Effect
Income Effect
Additional Customers
Different Uses:
Explanation:
The Law of Demand explains the downward slope of the demand curve, which posits that as the price falls the quantity demanded increases and as the price rise, the quantity demanded decreases, other things remaining unchanged.
If the value of the goods and services a country produces stays the same
while its population increases, which statement must be true?
O A. The country's unemployment rate has decreased.
O B. The country's total GDP has increased.
O C. The country's per capita GDP has decreased.
O D. The country's rate of inflation has increased.
SUBMIT
Answer:
C
Explanation:
If the value of the goods and services a country produces stays the same while its population increases The country's per capita GDP has decreased. Thus the correct option is C.
What is a service?Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
Final or finished goods are products that are sold in the market to satisfy buyers. This item can be both a good and a service, with a good being something tangible and a service being something intangible.
The output from production and sales within the nation is used to calculate GDP. When computing GDP, exports are added because they represent money entering the market, and imports are deducted because they represent money leaving the market.
Therefore, option C is appropriate.
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When researching a career goal, it is probably most important to ask what ____
you will need for this career.
O A. shoes
O B. cell
O c. briefcase
O D. education
Hearts ‘R Us ("Hearts" or "the Company") is an early-stage research and development medical device company. Hearts has no current products in the marketplace but is in the final stages of going to market with the Heart Valve System. All preliminary trials have been approved by the FDA, and the Company is in the final trial; once the final trial is complete, the Company will present the product to the FDA for final approval. If approved by the FDA, the Heart Valve System will revolutionize the way medical professionals repair heart valve defects.
Full question attached
Answer and Explanation:
1. Hearts R Us should account for the preferred shares series A financing as equity at issuance since it is not mandatory to redeem at issuance according to ASC 480-10-15-3
2. Here Hearts R Us may have to reclassify the preferred shares series A financing from Bionic considering no FDA approval yet and the failure of the heart valve product. Bionic has the option/right to redeem at par value in the fifth year if there is no FDA approval and so Hearts R Us would have to buy back the security from Bionic at par value(amount sold to Bionic) and classify as common stock.
Compile a job advertisement for a receptionist vacancy:name of the business and title of the job advertisement.
Answer:
Receptionist (Full-time).
Explanation:
KhanyaChantell Engineering Plc. is an Engineering and ICT company focused on power distribution, disaster recovery solution, systems integration, network security, and broadband technology services. Our businesses are strongly channeled to providing reliable power, turnkey, integrated technology solutions to hotels, financial institutions, schools, oil and gas, and governmental agencies in the United States of America.
We are recruiting to fill the job position below;
Job Title: Receptionist.
Location: Nevada.
Job ID: 011234
Employment Type: Full-time.
Salary: $1,200 per month.
Minimum Requirements:
High School diploma, GED, or equivalent preferred.Minimum of 3 years experience.Proficiency in English Language (oral and written).Excellent knowledge of MS-Office.Application Closing Date:
30th of November, 2020.
How to Apply
All interested and qualified candidates should send their curriculum vitae (CV) in pdf format using the Job Title and ID as the subject of the mail e.g (Receptionist - 011234) to Khanyachantellatkci.com.
An example of a job advertisement for a receptionist is given below:
Topmost Enterprises is looking for a qualified person to fill the role of a RECEPTIONIST.
The ideal candidate should have the following qualities:
Computer literateGood communication skills.The person should have good telephone etiquetteThe salary offered is competitive and commensurate with the experience and the qualification of the person.
Interested applicants should forward their email to ....
Deadline: 30th October, 2021.
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Who or what is responsible for buying the vast majority of the goods and services that are produced in the United States?
1. Businesses
2. Individual Consumers
3. The Federal Government
4. Local governments
How and why is SWOT (strengths, weakness, opportunities, and threats) used in the marketing plan ?
Answer:
SWOT Analysis is a simple but useful framework for analyzing your organization's strengths, weaknesses, opportunities, and threats. It helps you to build on what you do well, to address what you're lacking, to minimize risks, and to take the greatest possible advantage of chances for success.
Explanation:
HELP!!!!!!Match the job role with the job title.
Evaluate student
applications for
financial aid.
Review financial records
of large businesses
and corporations.
Gather evidence and
prepare for court.
Review policies and grant
funds to students in need.
Conduct research
that is pertinent
to a criminal case.
Review tax documents
and returns for errors
and inaccuracies.
Internal Revenue Investigator
Federal Aid Coordinator
Paralegal
Answer:
Internal revenue investigator: Review Tax Documents, Review financial records.
Federal Aid Coordinator: Evaluate Student Applications, Review policies and grant funds.
Paralegal: Conduct research that is pertinant to a criminal case, gather evidence and prepare for court
Explanation:
Answer:
answer down below
Explanation:
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Every monetary decision we make involves a level of choice, usually of one thing over another. What is the name for this financial trade-off?
A. personal risks
B. inflation
C.opportunity cost
Answer:
C.opportunity cost
Explanation:
this is super easy
Answer:
C
Explanation:
Took the test :)
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $18,600. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,550, outstanding checks of $2,100, a NSF check of $800, bank service charges of $35 and the EFT from a customer in payment of the customer's account of $1,600. What was the cash balance on the Egrane's books (before the adjustments for items on the bank reconciliation)? Multiple Choice $18,050 $17,285 $19,150 $20,415
Answer:
Option B $17,285 is correct the answer.
Explanation:
Computation Table
Particular Amount
Ending balance $18,600
Add: Deposit in transit $1,550
Less: Outstanding $2,100
Add: NSF check $800
Add: Bank charges $35
Less: EFT $1,600
Cash balance $17285
lol whoever answers this first gets 20! have a great day!!!
Answer:
hi thank you have a great day
Explanation: