Answer:
PV= $9,626.49
Explanation:
Giving the following information:
Cash flow= $1,500
Interest rate= 9%
Number of years= 10
First, we will determine the future value, using the following formulas:
FV= {A*[(1+i)^n-1]}/i
A= cash flow
FV= {1,500*[(1.09^10) - 1]} / 0.09
FV= $22,789.395
Now, the present value:
PV=FV/(1+i)^n
PV= 22,789.395/(1.09^10)
PV= $9,626.49
Decentralization refers to the degree to that decision-making is concentrated to the top of the organization: False.
<h3>What is a
decentralized organization?</h3>
In a decentralized organization, the decision-making authority and power isn't concentrated at the top level (echelon) of the organization.
This ultimately implies that, decentralization refers to the degree to that decision-making is concentrated to all the areas of an organization.
Read more on decentralization here: brainly.com/question/23818047
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Answer:
c. a decrease in the wage rate of accountants
Explanation:
As a result of the revision that makes personal tax returns much easier to complete, people would no longer need the services of accountants to calculate their tax returns. As a result, the demand for accountants would fall, all other things remaining equal.
The fall in demand would lead to a fall in wage rate of accountants
Please check the attached image for a graph explaining this concept
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. Is an opinion what contains the image. Judge it like it is.
Answer:
EV of node 4 = 0.6×5 + 0.4×0 = 3
EV of node 5 = 0.1×5 + 0.9×0 = 0.5
EV of node 2 = (0.8×5 + 0.2×EV of node 4) - 3
EV of node 2 = (0.8×5 + 0.2×3 ) - 3
EV of node 2 = 4.6 - 3
EV of node 2 = 1.6
EV of node 3 = (0.5×5 + 0.5×EV of node 5) - 1
EV of node 3 = (0.5×5 + 0.5×0.5 ) - 1
EV of node 3 = 2.75 - 1
EV of node 3 = 1.75
EV of node 3 is higher, therefore, best attend pattern is to attend randomly.