Answer: the ALSA management team must understand the importance of social media in their work because of globalization. People can work from one country to another country through social media. Through social media you can get answer to your problems at work quickly.
Explanation:
Answer: The ending balance (principal plus interest) will be $638.10
Explanation:
To calculate this we need to use the Quarterly Interest formula
CI quarterly = P (1+ (R/4)/100)^4n
CI is the compound interest payable
I is the initial principal sum of money
R is the interest rate in percentage at which interest accrued over time
n is the time period in years
For the first year the total amount plus interests is
CI = $ 100 (1 + (8/4)/100)^4x1
CI = $100 (1 + 2/100)^4
CI= $100 (1 + 0.02)^4
CI = $100* 1.0824
CI = $108.24
For the second year = $100+ $108.24= $208.24
CI = $ 208.24 * 1.0824
CI = $225.41
For the third year = $100 + $ 225.41 = $325.41
CI = $325.41 * 1.0824
CI = $352.23
For the fourth year = $100 + $ $352.23 = $452.23
CI = $452.23 * 1.0824
CI = $ 489.51
For the fifth year = $100+ $489.51 = $589.51
CI = $589.51 * 1.0824
CI = $ 638.10
Answer:
$11,560
$5666.661
Explanation:
Given the following :
Bill received from accountant = $17,000
This year's marginal tax rate = 32%
Next year's marginal tax rate = 37%
After tax return on investment = 11%
After tax cost of bill is paid in December :
Billed amount * this year's tax rate
$17,000 * ( 1 - 0.32)
= $17,000 * 0.68
= $11,560
B) After tax cost of bill was paid in January:
Billed amount * next year's tax rate * PV factor
From the present value factor table;
PV factor (1 years, 11%) = 0.9009
Hence,
$17,000 * 0.37 * 0.9009 = $5666.661
Answer:
1. World Trade Organization
2. North American Free Trade Agreement
3. The European Union
Explanation:
a. World Trade Organization (WTO): Oversees trade agreements among over 150 member nations and arbitrates trade disagreements among member countries. The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world. It was established officially on the 1st of January, 1995.
b. North American Free Trade Agreement (NAFTA): Created a free-trade zone consisting of the United States, Canada, and Mexico with the purpose of eliminating trade barriers between these countries. It officially became effective on the 1st of January, 1994.
c. The European Union (EU): An agreement between over 25 nations, which abolished tariffs among member countries and standardized policies on agriculture, transportation, and business practices. It was established officially on the 1st of November, 1993. Some of its member countries are Sweden, Italy, Germany, Portugal, Croatia, Russia, France, Spain, Netherlands etc.
