Star wins a lottery where she can choose either to receive a lump sum of Shs. 3,000,000 now, or an annual payment of Shs. 76,500 at the beginning of every year for the next 10 years. Assuming an interest rate of 12% per annum advise Star on the best option. (4 Marks) b) You the investment Manager of Rislly are Investments. You are planning to invest a total of Limited Ksh.12, 400,000 into a fund attracting a compound interest of 26%. Calculate the amount in the account in 4 years if it is compounded: (6 Marks) i. Annually ii. Semi-annually iii. Quarterly iv. Monthly v. Weekly vi. Daily​
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Business, 22.06.2019 09:00
Afood worker has just rinsed a dish after cleaning it.what should he do next?
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Business, 22.06.2019 20:50
Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?
Answers: 3
Business, 22.06.2019 21:40
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
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Business, 22.06.2019 22:10
Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800
Answers: 1
Star wins a lottery where she can choose either to receive a lump sum of Shs. 3,000,000 now, or an a...
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