Eastlink Limited has a monthly payroll of $4 million. The payroll manager selects a short-term investment for
Question:
Eastlink Limited has a monthly payroll of $4 million. The payroll manager selects a short-term investment for the money with a 0.6% p.a. rate. At the end of one month, what is the maturity value of Eastlink’s investment?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
The maturity value formula is V P x 1 rn You see th...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
Question Posted:
Students also viewed these Mathematics questions
-
A life insurance policy is a financial contract that collects a premium of p per period from the insured and pays out a lump sum benefit B upon the death of the insured. Let m denote the mortality...
-
Jackson Capital Inc. ( JCI) is a new private investment company that provides capital to business ventures. JCIs business mission is to support companies to allow them to compete successfully in...
-
BACKGROUND You are an information analyst working for NEE. The company president has asked you to prepare a Quantitative analysis of financial, sales, and operations data to help determine which...
-
The following data represent the prices in dollars of general admission tickets for the last 18 concerts at one venue. Use the given data to determine the stems for this stem-and-leaf plot. $50 $61...
-
If you were to draw an age structure diagram for Poland, with a total fertility rate of 1.3, which of the following overall shapes would the diagram have? Explain why a country like Poland faces a...
-
What is the purpose of the Governmental Accounting Standards Board?
-
The trial balance of Queen and Square Ltd revealed a difference in the books. In order that the error(s) could be located it was decided to prepare purchases and sales ledger control accounts. From...
-
Stainless Refrigerator Company purchases ice makers and installs them in its products. The ice makers cost $138 per case, and each case contains 12 ice makers. The supplier recently gave advance...
-
Required information [The following information applies to the questions displayed below.] Vintage Company reports the following information. Direct materials Direct labor Units produced per year...
-
Complete Keith's tax return including all required schedules and forms using prince edward island as province, using the fillable forms package. Taxpayers Information Taxpayer #1 Name: Keith Dox...
-
Use fractional equivalents to compute each of the following (round to the highest whole number). Do not convert percentages to decimals. 75% of $180
-
Solve the following. On October 29, 2021, Toddlers Toys borrowed money with a promise to pay $23 520.18 on March 5, 2022. This loan included interest at 6.5%. How much money did Toddlers Toys borrow...
-
True or False. During beating, the amplitude of the response builds up and then diminishes in a regular pattern.
-
Use NPV to analyze the decision to purchase the new machine. A) Identify and label each inflows/outflow, don't just present a single inflow/outflow number for each year. B) Assuming a discount rate...
-
A company does $100 million in sales. It has some degree of pricing power in that it sells its output for $10 where it costs it $8 to make. Its advertising is highly effective. For every one percent...
-
what is the general journal entry if Unwanted goods of R 8 0 0 purchased by Mrs . Strong on account, was returned. The cost of the goods is R 5 0 0 .
-
What is the error in the given code? public class progArray { public static void main(String[] args) { double] m1 = new double[4.5]; double pgno = new int[]{2,3,4,5); m1= new double...
-
Storey Co. adds material at the start of production. February information for the company follows (SEE PICTURE BELOW): 28. What are the equivalent units for material using the weighted average...
-
1. The sediment on the bottom of the Towamencin Creek is normally 14 cm thick, but a recent flood washed away 22 mm of sediment. How thick is it now? 2. The highway commission is installing concrete...
-
Time Solutions, Inc. is an employment services firm that places both temporary and permanent workers with a variety of clients. Temporary placements account for 70% of Time Solutions' revenue;...
-
The municipality of Kirkfield borrowed $100 000 to build a recreation centre. The debt principal is to be repaid in eight years, and interest at 13.75% compounded annually is to be paid annually. To...
-
The Harrow Board of Education financed the acquisition of a building site through a $300 000 long-term promissory note due in 15 years. Interest on the promissory note is 9.25% compounded...
-
Northern Flying Service is preparing to buy an aircraft estimated to cost $60 000 by making equal payments at the end of every three months into a sinking fund for five years. Interest earned by the...
-
Using the balance sheet for MNO Corp. as of December 31, 2023, evaluate the companys financial leverage and efficiency. MNO Corp. Balance Sheet As of December 31, 2023 Assets Current Assets Cash...
-
Scenario 2 A 60-kg subject rides a Monark cycle ergometer for 30 min at a cadence of 80 rpm with a mass of 1.5 kg in the basket. The flywheel moves 6 m with every turn of the pedal. Remember that...
-
5. A local factory would like to install a new piece of equipment and would like for you to use your crane (on tracks) to transfer the equipment from a truck into a new building. The equipment weighs...
Study smarter with the SolutionInn App