What are some practical uses of present and future values?
What will be an ideal response?
Answer: There are basically two practical uses for these values. Present values will tell you how much must be saved or invested annually to achieve a future financial goal. It also works for determining the monthly payment on a loan of a specified amount to be paid back in the future. Future values show the total future accumulated values of specified sums of money saved or invested now and into the future. Budgeting and financial planning would be very difficult if not impossible without the time value of money skills.
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You can improve the reader’s response to bad news when you ______.
A. offer a reason for the outcome B. provide an alternative or a compromise whenever possible C. bluntly start off with the bad news D. both offer a reason for the outcome and provide an alternative or a compromise whenever possible
The primary coverage of renters insurance is for the possessions of the insured
Indicate whether the statement is true or false
Mintzberg maintains that emergent strategies are often successful and may be more appropriate than intended strategies.
Answer the following statement true (T) or false (F)
A manufacturing company wants to determine if a new machine produces parts with fewer defects than the current machine. What are the null and alternative hypotheses?
a. Ho: There is no difference in the performance of the machines; Ha: The new machine produces parts with fewer defects than the old machine.
b. Ho: The new machine produces parts with fewer defects than the old machine; Ha: There is no difference in the performance of the machines.
c. Ho: The new machine produces parts with fewer defects than the old machine; Ha: The new machine produces parts with more defects than the old machine.
d. Ho: There is no difference in the performance of the machines; Ha: The new machine produces parts with more defects than the old machine.