Answer:
$4,531.50
Explanation:
first we must determine the cost of tuition in 18 years (2038):
$12,000 x (1 + 6%)¹⁸ = $34,252 per year
to calculate the total value of college tuition (5 years) in 2038 we can use the annuity due factor (6% and 5 years) 4.4651:
total college tuition = $34,252 x 4.4651 = $152,939
this means that Jill needs to have $152,939 for the moment her son starts college:
we have to calculate the payment:
to calculate the future value of an annuity (since she starts to save at end of the year, it is an ordinary annuity, not annuity due) we use the following formula:
future value = payment x ordinary annuity factor (8% and 17 years)
we know future value ($152,939) and the annuity factor = 33.7502
payment = future value / annuity factor
payment = $152,939 / 33.7502 = $4,531.50
Answer: Option A which is the Dealership 0% financing option will be preferable if the Price of the car is less than the different of Loan monthly Payments minus Rebates.
Explanation:
OPTION 1
A buyer pays 60 monthly instalments and the interest rate is 0%. This tells us that there is no interest the value of the debt (Which is the price of 2003 Protege S hatchback) will not increase over the period of 60%, with this option time value of money is not considered.
Option 2
The buyer receives a Rebate of $3600 if the car is paid for in cash. The buyer qualifies for a loan at an effective rate of 7% per annum. The amount of a loan will be the Price of a 2003 Protege S Hatchback. Assuming the Loan will also ave a period of 60 months, The Total amount Payable over the period of 60 months equals Loan Monthly payments multiplied by 60 months. The buyer receives a rebate of $3600, therefore The Net Amount Payable for Option 2 financing is found by multiplying Loan monthly payments by 60 months then subtract the Cash Rebate received of $3600
Let us now compare the two options to find out how Large must the Car be for option A to be preferable.
Y = The Price of a 2003 Protege Hatch Back, Which also equals the amount of debt over a period of 60 years (option A has no interest)
Monthly Payments of a loan = P
number of Periods = 60 months
Debt in 60 months versus Loan payments multiplied by 60 months - rebate
Therefore Y ∠ P x 60 months - $3600
Option A which is the Dealership 0% financing option will be preferable if the Price of the car is less than the different of Loan monthly Payments minus Rebates.
1A) the point behind the opening story being about the prevalence of bribery in Iraq because it not only sets the plot of the audio, but if you read the details below it also goes with the question “Can today’s multinational corporations be a force for social good?” The opening of this helps the listeners to understand how different corporations work and really think about the questions in the details below.
2A) Governments are often less likely or able to confront issues like human trafficking and labor rights because they have not been able to solve cross border issues, if and when they try to work together than cannot come to a reasonable and or actionable agreements, so instead confronting issues such as human trafficking and labor rights they let them be. Corngold believes that only multinational corporations are able solve issues like that of human trafficking and labor rights. She believes this because they have the resources, the global footprints, and the incent of profits to solve such challenges.
3A) A Corporate idealist are the employees of a particular business that pay remarkably close attention to the financial performance of their companies, and the ethical, environmental consequences as well. (they also pay close attention to the societal consequences to their companies)
4A) The root of the struggle here that could apply to other similar human rights-related ethical issues would be the fatalities dampens human rights such as freedom to life, and to good health. The speaker ultimately worked through the issue by telling the company the particular human rights they are violating, from here getting the number of fatalities from 8 to 0.
#5 is your understanding of business ethics, thin about the question and go from there
you are free to use my answers as examples. Hopes this helps you out
Answer:
B
Explanation:
The Lower of Cost or Market Value Applies to the closing inventory and should be value at $103,700 Cost, which is the lower.
Answer:
a) & b) are true. c) & d) are false.
Explanation:
WTO is an international (intergovernmental) organisation, supervising international trade between countries.
a) is true. It seeks to establish impartial procedures for resolving trade disputes among its members.
It seeks to reduce remaining trade barriers through multilateral negotiations, b) is true
c) is false. It is headquartered in Geneva, Switzerland (not Belgium)
d) is false. Existence of the WTO has allowed most member countries to replace their local currencies with a universal currency beginning in 2002. It is an international trade organisation, not monetary policy organisation.
