Example: If an employee leave company after 10 years and his last Basic + Dearness allowance is 10000 then his gratuity will be paid as per following formula. (10000/26)*15* 10 Please note that above formula will remain same irrespective of employee working in 5 days a week establishment. FAQ 1: Can an employee claim Gratuity even before completion of 5 years? Yes, An employee can claim gratuity even before completion of 5 years in followings cases: * Death (to his nominees)
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average price of a gallon of gas 1 year from when your business math class started? $0.95 2. (5 points): You have $50 on hand and need to buy gas. How many gallons of gas can you buy (using the value you reported in Question 1.) Since gas is $0.95 in this example, we solve it by solving the following equation: .95x = 50. Solve for x to get 52.63 gallons 3. (5 points): If gas prices were to drop 10% from the current price, how much would a gallon of gas cost now?
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After all, you should receive some compensation for foregoing spending. For instance, you can invest your dollar for one year at a 6% annual interest rate and accumulate $1.06 at the end of the year. You can say that the future value of the dollar is $1.06 given a 6% interest rate and a one-year period. It follows that the present value of the $1.06 you expect to receive in one year is only $1. http://www.econedlink.org/lessons/index.cfm?lesson=EM37 A key concept of Time Value of money is that a
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$1250 in one year, and $1250 in two years. iii) You can pay $2500 in two years plus payment of a $100 financing charge today. Which option should you choose? 1|Page Problem #2 – 20 points (15 points for part a) and 5 points for part b) ) Bill and Jane are married with one child. The current date is the start of the college year. All tuition is paid at the start of the year. They anticipate their child will go to college 7 years from now and will attend for four years at a cost of $50
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1. Fill out the table below according to the Forms of Prevention Review. (5) | Primary Prevention | Secondary Prevention | Tertiary Prevention | Description of Patient | Healthy showing no signs or risk factors | Has risk factors, showing early stages of disease, outwardly healthy but inwardly unhealthy | Has full blown disease with apparent signs and symptoms | Stage of Natural History of Disease | Pre-disease stage – no disease present | Asymptomatic/latent stage, showing no outward signs
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changes in the last 300 years many states still use the death penalty. There are many states that are abolishing it for any number of different reasons. Many now believe the death penalty is unconstitutional and also cruel and unusual punishment and it should no longer be used. Many believe life in prison is a better remedy than putting someone to death. Keywords: Death Penalty Death Penalty 3 The Death Penalty in the United States: How it has changed over years. The death penalty
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interest factor tables to find an unknown interest rate or growth rate when the number of time periods and future and present values are known. Build an “amortization schedule” for an installment-style loan. n n Compounding More Than Once a Year Semiannual and Other Compounding Periods • Continuous Compounding • Effective Annual Interest Rate n n n Amortizing a Loan Summary Table of Key Compound Interest Formulas Summary Questions Self-Correction Problems Problems Solutions to Self-Correction
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division has only a “year plus” inventory of Flap Shrouds and Equipment bay doors and now they have to decide if they want to continue sourcing these parts from same supplier “Dollard Plastics” a Montreal based supplier or should they start thinking of sourcing these parts from other potential suppliers. Kim Tomar, financial analyst materials of DH has responsibility to gather all related facts, Analysis and come up with report & recommendations. Since De Havilland is now under new management
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Mr. Edwards chose to repurchase their stock in 2012. To finance the stock repurchase Mr. Edwards used $5 million of cash on hand and secured a $5 short-term loan from a local bank. It is now June of 2013 and the balance of the loan is due at the end of the month. Wanting to purchase new equipment with a cost of $2.4 million Mr. Edwards has approached the bank for an extension on the original $5 million loan as well as the additional $2.4 million equipment loan with a new maturity date on the total
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salaries of $5 million, and a club option of $5 million for 2010, for a total of $10 million. Not bad, especially for someone who makes a living using the “tools of ignorance” (jock jargon for a catcher’s equipment). A closer look at the numbers shows that Jason, Mark, and C. C. did pretty well, but nothing like the quoted figures. Using Mark’s contract as an example, although the value was reported to be $180 million, it was actually payable over several years. It consisted of a $5 million signing
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