If a self-employed individual uses the standard mileage rate method for the year in which an automobile is acquired, the actual expense method can be used in subsequent years. The restriction imposed on depreciation methods is that MACRS under the regular method must be used for computing depreciation.
And the basis of the automobile must be reduced by 26 cents per mile in 2021.Most self-employed people need to use a car or truck for business purposes, whether to see customers or clients, pick up supplies, or make deliveries. It is necessary to know how to deduct vehicle expenses on their tax return.
The IRS provides two methods for claiming car expenses - using the standard mileage rate or the actual expense method. With the standard mileage rate method, self-employed individuals take a standard amount of 56 cents per mile driven in 2021 for business purposes.
Under the actual expense method, the self-employed individual can claim the total cost of driving the vehicle for business purposes, including gas, maintenance, insurance, and repairs, among other expenses. The depreciation of the car can be deducted under both methods in different ways.
The IRS allows self-employed individuals to switch between the two methods, but it is essential to understand the restrictions imposed on depreciation methods.
To know more about depreciation visit :
https://brainly.com/question/14861580
#SPJ11
how is the advancement of technology blurring the lines between humans and non- humans?
Answer:
As robotics quickly advance, scientists say the lines between robots and humans is beginning to blur.
That means one day with robotic prosthetics that work seamlessly with a human's muscles, with tiny robots that swim in our blood streams and fix medical problems and nano-scale robots implanted in our brains, we will become robotic humans.
As scary and sci-fi as that may sound, researchers say robotics will cure diseases, make amputees feel whole again and greatly extend our lives
Explanation:
introduce national employment with its importance and examples
Answer:
national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Explanation:
Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
marginal benefits.
Answer:
Marginal cost is defined as the additional cost incurred in adding a unit of product or service.
Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.
In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.
Explanation:
What three equal payments, one in 2 years, one in 4 years, and one in 7 years would replace one single payment of $27,000 due today at an interest rate of 4. 17% compounding monthly?
Effective annual rate (EAR) = (1 + r / n)^n - 1
=$27,000 (1+4. 17% /7)^7- 1 =0.9538
The term "effective interest rate" (EIR), "effective annual interest rate," "annual equivalent rate" (AER), or simply "effective rate" refers to the percentage of interest on a loan or financial product that would be charged if compound interest accumulated over a year without any payments. The amount due each year in arrears, based on the nominal interest rate, is the compound interest. It is used to compare interest rates between loans and has different compounding intervals, such as weekly, monthly, half-yearly, or yearly. As compounding is not taken into account when calculating annual percentage rates (APR), the effective interest rate may be higher depending on how that term is defined in your area. In contrast, the periodic rate in the EIR is annualised with compounding.
Learn more about Effective annual rate from
https://brainly.com/question/13024233
#SPJ4
give an example of a business operating in a monopolistic market in South Africa
Answer:
Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.
Explanation:
That is one I honestly think.
:D HOPE THAT HELPS, GOODLUCK!
PLEASE HELP
Match each profession with its usual work environment.
1. Solar photovoltaic installer
2. Ironworker
3. Construction manager
4. Cement mason
A.Roof of a building
B.Outdoors at great heights
C.Outdoor job site
D.Field office
Answer:
1.) Solar photovoltaic installer - a. roof of a building
2.) Ironworker - b. outdoors at great heights
3.) Construction manager - d. field office
4.) Cement Mason - c. outdoor job site
Explanation:
please correct me if I'm wrong
1. Explain different approaches to training needs analysis in designing training and development programs.[]
2. Explain the impact of training and development on an organization's long-term strategy. []
3. Describe major learning principles associated with various training methods. []
4. Develop an evaluation procedure to assess the results of a training and development program.Use two real-life examples. []
These approaches are:1. Organizational Analysis: This approach helps to identify the organization's goals, structures, culture, and resources. By analyzing these factors, the training program can be designed to meet the needs of the organization.
2. The impact of training and development on an organization's long-term strategy:Training and development can have a significant impact on an organization's long-term strategy.
3. Major learning principles associated with various training methods:There are several learning principles that are associated with various training methods.
4. Evaluation procedure to assess the results of a training and development program. Use two real-life examples:To assess the results of a training and development program, an evaluation procedure can be developed. This procedure should include the following steps:1. Determine the objectives of the training program.2. Develop evaluation criteria.3. Collect data.4. Analyze data.5. Report findings.
To know more about approach visit:
https://brainly.com/question/30967234
#SPJ11
Place the steps in the adjusting process in the correct order in which they would be performed:
1. Determine what the current account balance is
2. Determine what the correct account balance should be
3. Record and adjusting entry
In the adjusting process, the correct order was performed as follows:
Determine what the current account balance is.Determine what the correct account balance should be.Record and adjust entries.Adjusting entries are journal entries that are often made at the conclusion of an accounting period to allocate revenue and expenditure to the period in which they really happened.
The accounting cycle is the process of finding, analyzing, and documenting a company's accounting events.
It is a conventional eight-step procedure that begins with the occurrence of a transaction and concludes with its inclusion in the financial statements and the closure of the books.
Accounting journal entries made at the conclusion of an accounting period after a trial balance has been generated are referred to as adjusting entries.
Therefore, the following in chronological order are:
Calculate the current account balance.Figure out what the right account balance should be. Make notes and make changes to your entries.To know more about the adjusting entries, visit:
https://brainly.com/question/28867174
#SPJ12
External government debt is: Multiple Choice government debt owed to individuals in foreign countries. government debt owed by one branch of the government to another. government debt owed to its own citizens. debt that individuals in foreign countries owe to the U.S. government.
Answer:
The correct answer is option A (government debt owed to individuals in foreign countries).
Explanation:
This applies to interest earned from some kind of creditor or outside nation, this must be repaid throughout the commodity these were invested in. External debt may be collected through foreign banking institutions, from global banking organizations including the World Bank, respectively., as well as from sovereign governments.Some other alternatives given don't apply to the cases in question. So answer A is a good one.
what’s the bestselling movie soundtrack of all time?
Answer:
The Bodyguard is the bestselling movie soundtrack
If $800 is deposited into the first bank of fairfield, and the bank takes no other actions, its:________
The deposit of $800 does not inherently lead to any changes or additional actions by the bank. In this scenario, the bank's condition is simply that it now has an additional $800 in deposits.
This deposit increases the bank's total funds, but without any further actions, such as lending or investment, the bank's overall status remains unchanged. It's important to note that banks typically engage in various activities to generate income and provide services to their customers. These activities can include lending money to borrowers, investing in financial markets, charging fees, and earning interest on loans and investments.
However, in this particular case, specifies that the bank takes no other actions. Therefore, the bank's condition remains the same after the $800 deposit. $800 is deposited into the first bank of Fairfield and the bank takes no other actions, its status remains unchanged, except for having an additional $800 in deposits.
To know more about deposit visit:
https://brainly.com/question/32783793
#SPJ11
what is marketing
please answer if u know,i will mark brainiest
Answer:
Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.
hope it helps!
True or false: The first step in any cost-volume-profit analysis is to analyze whether costs are product or period related.
The first step in any cost-volume-profit analysis is not to analyze whether costs are product or period related. The correct first step is to identify and categorize the costs into fixed costs and variable costs.
Fixed costs are costs that do not change with the level of production or sales. Examples of fixed costs include rent, salaries, and insurance.
Variable costs, on the other hand, change in direct proportion to the level of production or sales. Examples of variable costs include raw materials, direct labor, and sales commissions.
By identifying and categorizing costs into fixed and variable, we can then proceed to calculate the contribution margin. The contribution margin is the amount left over from sales revenue after subtracting variable costs. It represents the portion of each sale that contributes towards covering fixed costs and generating a profit.
Once we have calculated the contribution margin, we can use it to determine important measures such as the break-even point, target profit, and sales volume needed to achieve a certain level of profit.
In summary, the first step in a cost-volume-profit analysis is to identify and categorize costs into fixed and variable, not to analyze whether costs are product or period related.
to know more about cost-volume-profit, visit:
https://brainly.com/question/33713227
#SPJ11
Which of the following is a “DON’T” regarding scannable résumés?
a.
Print on white paper with black ink
b.
Use special characters like italics and underlining
c.
Add spaces before and after slashes
d.
Use a clean and neat overall format
Please select the best answer from the choices provided
A
B
C
D
Answer:
B
Explanation:
took it on edge2020 :)
When it comes to scannable resumes, it is not recommended that you b. Use special characters like italics and underlining.
How should scannable resumes be designed?Because they are to be scannable, they are not to have complicated characters that might be unscannable such as special characters and underlining.
They should be printed on white paper using black ink only, and should have a format that is best described as being neat and clean.
Find out more on scannable resumes at https://brainly.com/question/1383483.
no matching unique or primary key for this column-list
To resolve the "No matching unique or primary key for this column-list" error, ensure that the referenced column or columns have a unique or primary key constraint defined on them in the database schema.
The error message "No matching unique or primary key for this column-list" typically occurs in database management systems when you attempt to reference a column or set of columns that does not have a unique or primary key constraint defined on it.
To resolve this issue, you can consider the following steps:
Review your database schema and table definitions to identify the column or columns causing the error.
Ensure that the column or columns you are referencing have a unique constraint or are part of a primary key constraint.
If the column or columns do not have a unique constraint or primary key constraint, you can add one using ALTER TABLE statements to enforce uniqueness.
If the column or columns are already part of a unique or primary key constraint, double-check the syntax of your query to ensure you are referencing them correctly.
By addressing these steps, you can resolve the "No matching unique or primary key for this column-list" error and ensure the integrity of your database operations.
Learn more about Database management at
brainly.com/question/13266483
#SPJ4
The complete question is
What does the error message "No matching unique or primary key for this column-list" typically indicate in database operations?
answer the following questions regarding the monopsony and the perfectly competitive labour market. (a) how do labour markets determine how many units of labour they should hire? (b) explain why firms hire at the above condition? (c) illustrate the perfectly competitive labour market and a monopsony and briefly explain the differences between the two.
(a) In a perfectly competitive labour market, firms determine the number of units of labour they should hire based on the market wage rate, which is determined by the intersection of the supply and demand curves for labour. Firms will hire workers up to the point where the marginal cost of labour equals the marginal revenue product of labour, which is the additional revenue generated by hiring an additional worker.
(b) Firms hire at the above condition because it is the profit-maximizing level of employment. In a perfectly competitive labour market, the market wage rate ensures that the marginal cost of labour equals the marginal revenue product of labour, so firms hire until this condition is met to maximize profits. (c) In a perfectly competitive labour market, there are many firms and workers, and neither has market power. The wage rate is determined by the intersection of the supply and demand curves for labour, and firms are price takers, meaning they have no control over the wage rate. In a monopsony labour market, there is only one firm that has market power as the sole buyer of labour.
To know more about labour market click here
brainly.com/question/17903246
#SPJ11
which of the following employee benefits would you want to avoid as an employer because it is a substitute for rather than a complement of employees working productively? group of answer choices laptop computers coffee a foosball table in the break room preventive health care
The benefit that an employer would want to avoid because it is a substitute for rather than a complement of employees working productively is a foosball table in the break room.
While it may be a fun perk, it does not directly contribute to employees working productively or completing their tasks. In contrast, providing laptop computers can enhance productivity and enable employees to work productively both in and out of the office. Additionally, preventive health care can help employees stay healthy and avoid time off due to illness, which can also contribute to productivity. Conversely, perks like laptop computers, coffee, and a foosball table in the break room can boost workers' productivity by enhancing their working environment, supplying opportunities for leisure, and boosting job happiness.
Learn more about employees here:
https://brainly.com/question/18114583
#SPJ11
northern city bank keeps no excess reserves. assume northern city bank receives a deposit of $50 million dollars. as a result of the deposit, northern city bank’s required reserves increase by $10 million. what is the maximum possible change in the money supply in the banking system that could result from the $50 million deposit?
The maximum possible change in the money supply is $250 million.
The change in required reserves when an amount of money is deposited in a bank is determined by the reserve requirement.
Reserve requirement = increase in required reserves / amount deposited
$10 million / $50 million = 0.20 = 20%
The change in money supply can be determined using this formula:
Amount deposited / reserve requirement
$50 million / 20%
$50 million / 0.2 = $250 million
For more information, please check: https://brainly.com/question/25757631
8. Describe three methods a company can use to increase employee motivation. 9. What is market segmentation? How is it used in a successful business? Give two examples of types of market segments.
8. A company can use the following methods to increase employee motivation:Recognition: Employees like to feel appreciated for their work. So, recognition is a vital factor in motivating employees. A company can motivate employees by providing them recognition for their work, appreciating them for their performance, and acknowledging their contributions.Employee Engagement: Employee engagement is another factor that can help improve employee motivation. When a company engages with its employees, they feel like they are valued and can make a significant contribution. A company can motivate employees by involving them in the decision-making process, providing opportunities for personal and professional growth, and giving them the freedom to perform their tasks creatively.Employee Incentives: Employees like to be rewarded for their hard work and dedication. Therefore, a company can motivate employees by providing incentives like bonuses, extra vacation time, or other benefits for achieving specific goals or objectives.9. Market Segmentation:Market segmentation is the process of dividing a market into smaller groups of buyers with similar needs or characteristics. It is used to identify and understand different customer groups, create targeted marketing campaigns, and develop products that meet their needs. Two examples of market segments are:Demographic Segmentation: Demographic segmentation is the process of dividing the market based on demographic characteristics such as age, gender, income, education, etc. For example, a company may target young adults aged 18-25 years who are tech-savvy and interested in the latest gadgets.Psychographic Segmentation: Psychographic segmentation is the process of dividing the market based on lifestyle, personality, values, and attitudes. For example, a company may target eco-conscious consumers who are concerned about the environment and prefer sustainable products.
For more question like Employee visit the link below:
https://brainly.com/question/32367794
#SPJ11
At midland company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. the unit sales price is:_________
a. $ 20.b. $ 40.c. $ 60.d. $ 80.e. $100.
At midland company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. the unit sales price is: $ 80.
So, the correct answer is D.
At Midland Company's break-even point of 9,000 units, fixed costs are $180,000 and total variable costs are $540,000.
To find the unit sales price, first determine the total costs, which is the sum of fixed costs and variable costs ($180,000 + $540,000 = $720,000). Since the company breaks even, total revenue equals total costs.
Now, divide the total revenue by the number of units (9,000) to find the unit sales price: $720,000 ÷ 9,000 = $80.
Therefore, the correct answer is option d. $80.
Learn more about break-even point at
https://brainly.com/question/29525116
#SPJ11
How is the housing industry related to the economy? If the economy is doing well, what types of homes are being constructed and purchased? What if the economy is doing badly? Other than housing, what additional industries might the economy impact?
The housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
What is housing industry?An housing industry is an industry that encompasses building of housing. construction, engaging in commercial housing activities etc.
Generally, when an economy is doing well, it will be favorable to build house of high value as its gives higher confidence in the industry and economy,
Also, the additional industries that impact an economy includes Healthcare, Technology, Retail, Manufacturing industry etc
In conclusion, the housing industry have important relation with the economy because its prices can impact residential investment and thus, affect the economic growth.
Read more about housing industry
brainly.com/question/5053499
Amon Products Inc. completed and transferred 120,000 particle board units of production from the Pressing Department. There was no beginning inventory in process in the department. The ending in-process inventory was 7,500 units, which were 3⁄5 complete as to conversion cost. All materials are added at the beginning of the process. Direct materials cost incurred was $61,200, direct labor cost incurred was $127,150, and factory overhead applied was $221,450.
Determine the following for the Pressing Department. Round "cost per equivalent unit" answers to the nearest cent.
Line Item Description Amount
a. Total conversion cost $fill in the blank 1
b. Conversion cost per equivalent unit $fill in the blank 2
c. Direct materials cost per equivalent unit $fill in the blank 3
Feedback Area
(a) Total conversion cost is $348,600 (b) Conversion cost per equivalent unit is $2.90 (c) Direct materials cost per equivalent unit is $0.51.
a) Conversion cost refers to the combined cost of labor and manufacturing overheads incurred in the production process. Here, conversion cost per equivalent unit can be calculated using the given information below:
Conversion cost = Direct labor cost + Factory overhead applied
Conversion cost = $127,150 + $221,450
= $348,600
b)Conversion cost per equivalent unit = Conversion cost / Total equivalent units produced. Conversion cost per equivalent unit = $348,600 / 120,000
= $2.90.
c) Direct materials cost per equivalent unit: Direct materials cost incurred was $61,200, to calculate the direct materials cost per equivalent unit use the formula given below:
Direct materials cost per equivalent unit = Direct materials cost / Total equivalent units produced.
Direct materials cost per equivalent unit = $61,200 / 120,000 = $0.51
Cost per equivalent unit: Cost per equivalent unit is the sum of direct materials cost per equivalent unit and conversion cost per equivalent unit. Therefore: Cost per equivalent unit = Direct materials cost per equivalent unit + Conversion cost per equivalent unit
Cost per equivalent unit = $0.51 + $2.90 = $3.41
To know more about Conversion cost visit-
brainly.com/question/14918740
#SPJ11
when most people know how to properly use a net worth statement and a budget sheet they find themselves well on their way to taking ___________ of their money.
When most people know how to properly use a net worth statement and a budget sheet, they find themselves well on their way to taking control of their money.
By estimating assets and liabilities, a net worth statement is a financial instrument that aids people in evaluating their financial health. It gives a comprehensive view of a person's financial condition and enables them to choose their investments and spending with knowledge. Whereas, a budget sheet is a financial instrument that aids people in planning and monitoring their income and expenses over a predetermined time period, generally monthly or annually.
Individuals can use these tools to better understand their financial condition and make wise choices regarding their spending and saving practises. They may prioritise their expenditures, find places where they can reduce costs, and work towards their financial objectives. Individuals can ultimately increase their financial security and lay a solid financial foundation for the future by taking charge of their finances.
Read more about budget sheet on:
https://brainly.com/question/13964173
#SPJ4
Why are labor unions able to negotiate effectively with companies where individual workers can't?
Help please 80 points!!!
Answer:
As said from quizzlet, Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.
Explanation:
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
gloria ammon has just won the state lottery and has the following three payout options for aftertax prize money: 1. per year at the end of each of the next six years 2. (lump sum) now 3. (lump sum) six years from now the annual discount rate is 9%. compute the present value of the third option. (round to nearest whole dollar.)
The present value would be X / (1 + 0.09)^6.
To compute the present value of the third option, which is a lump sum to be received six years from now, we can use the concept of discounting. The present value represents the current worth of a future sum of money, taking into account the time value of money and the discount rate.
In this case, the discount rate is 9%. To calculate the present value, we need to determine the discounted value of the lump sum amount that Gloria will receive six years from now.
Let's say the lump sum amount to be received after six years is $X. To find the present value, we need to discount this amount by the discount rate for six years.
Using the formula for present value, we have:
Present Value = X / (1 + r)^n
Where:
X = Future sum to be received ($X)
r = Discount rate (9% or 0.09)
n = Number of years (6)
Substituting the values into the formula:
Present Value = X / (1 + 0.09)^6
Therefore, calculating the present value will depend on the exact amount of the lump sum to be received six years from now.
Lean more about present value from the below link:
https://brainly.com/question/30390056
#SPJ11
To compute the present value of the third option, we need to use the concept of present value and the given annual discount rate.
First, let's understand what present value means. Present value is the current worth of a future amount of money, taking into consideration the time value of money. In other words, it calculates the value of future cash flows in today's dollars.
Now, let's calculate the present value of the third option, which is a lump sum to be received six years from now.
To compute the present value, we use the formula:
Present Value = Future Value / (1 + Discount Rate)^Number of Periods
In this case, the Future Value is the lump sum to be received six years from now, the Discount Rate is given as 9%, and the Number of Periods is six.
Let's calculate it step-by-step:
1. Calculate the discount factor:
Discount Factor = 1 / (1 + Discount Rate)
2. Calculate the present value:
Present Value = Future Value * Discount Factor^Number of Periods
Now, let's substitute the values into the formula and calculate the present value of the third option.
To know more about annual discount rate visit:
https://brainly.com/question/32668565
#SPJ11
19. The occupational crowding model of discrimination predicts a. why men, in some cases, earn less than women. b. that firms will compete with one another for the best employee and that discrimination will be eliminated. c. that, unless the government gets involved, discrimination will become more severe. d. that men's wages will fall and women's wages will rise when certain jobs are no longer dominated by men. e. the financial advantages for women crowding into a single occupation.
Answer:
d. that men's wages will fall and women's wages will rise when certain jobs are no longer dominated by men.
Explanation:
Barbara Bergman developed the Occupational Crowding Model in 1971 in order to try to explain why women and certain minority groups earned in average much less than white males. She even calculated any bias due to higher education, but still she was able to show flagrant labor discrimination based on gender and race.
Her study showed how women and minorities are consistently excluded or crowded out from high paying jobs and high corporate positions. The vast majority of high paying jobs and high corporate positions are filled with white non-Latin males (Latins are not a race, they come in all colors, they are a culture).
If this tendency is eliminated, women and minorities should be able to earn similar wages than white non-Latin males since they are capable of performing the same functions in a similar and comparable manner. I.e. all women and all men are equally capable.
This has improved a little bit in the last years, but still the bias against women and minorities still exists. Forty years ago no one would even dream that a large US corporation would be headed by someone from a minority group, but nowadays Apple, Alphabet (Google), Sprint, ADM, HP, and others, are headed by people that fit into minority groups.
This is great, but you shouldn't have to search for corporations that are headed by non-Latin heterosexual whites, it should be normal. And more women are needed in these places also. Women are capable of doing everything that any man can do.
goods taken by the proprietor for domestic purpose of Rs.15000
Journal entries
plz help me
Explanation:
Given:
Amount of goods taken by proprietor = Rs. 15,000
Find:
Journal entry
Computation:
Books of (.... ltd)
Journal entry
Particular Debit Credit
Drawing A/c Dr 15,000
To Purchase A/c Cr 15,000
(Being goods taken by proprietor for personal use)
Strong Metalworking borrows $100k to be repaid in 5 years. The interest rate is 11%, and the only payment is at the end of year 5. Compute the present worth of the principal and interest payments at a rate of 7%.
Given that Strong Metalworking borrows $100k to be repaid in 5 years. The interest rate is 11%, and the only payment is at the end of year 5. Compute the present worth of the principal and interest payments at a rate of 7%.Concepts Used:Present Worth of Single Payment.
Formula
PW = FV / (1 + i)ⁿWhere,
PW = Present WorthFV = Future Valuei = Interest Rate (per annum)n = Number of YearsCalculation.
Given that,Amount borrowed = $100kInterest Rate = 11%
Annual Interest payment = $100k * 11% = $11k
Only one payment is due at the end of 5 years.
Present Worth (PW) is to be calculated at an interest rate of 7%.
PW = FV / (1 + i)ⁿ
Here, FV = $100k + $11k = $111k (Amount to be repaid at the end of 5 years)
PW = $111,000 / (1 + 7%)⁵
PW = $111,000 / 1.403PV = $79,072.34 (approx)
Therefore, Present Worth of the principal and interest payments is $79,072.34.
To now more about interest visit:
https://brainly.com/question/30393144
#SPJ11
list down five important elements on which market survey is carried out.
Answer: 8 Steps to a Successful Market Survey
Set a clear goal. ...
Know what target market to survey. ...
Know what you want to investigate. ...
Get help from the people who know surveys. ...
Consider the best way to get your answers. ...
Administer the survey effectively. ...
Conduct a thorough survey analysis. ...
Uncover the wider implications.
The 20 Most Valuable Market Research Surveys
1 – Market Description Surveys. ...
2 – Market Profiling-Segmentation Surveys. ...
3 – Stage in the Purchase Process / Tracking Surveys. ...
4 – Customer Intention – Purchase Analysis Surveys. ...
5 – Customer Attitudes and Expectations Surveys.
Hope this helps...... Stay safe and have a Merry Christmas!!!!!!!! :D