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You Have Just Purchased a Life Insurance Policy That Requires

question 47

Multiple Choice

You have just purchased a life insurance policy that requires you to make 40 semi-annual payments of R350 each, where the first payment is due in 6 months.The insurance company has guaranteed that these payments will be invested to earn you an effective annual rate of 8.16 percent, although interest is to be compounded semi-annually.At the end of 20 years (40 payments) , the policy will mature.The insurance company will pay out the proceeds of this policy to you in 10 equal annual payments, with the first payment to be made one year after the policy matures.If the effective interest rate remains at 8.16 percent, how much will you receive during each of the 10 years?

Understand the significance of communication in reducing resistance to organizational change.

Recognize the value of coaching and learning in facilitating organizational change.

Differentiate between the roles of internal and external change agents in organizational change.

Comprehend the importance of diffusing change throughout the organization for successful implementation.

Definitions:

Validity

The quality of being logically or factually sound; in logic, refers specifically to arguments where the conclusion necessarily follows from the premises.

Internet Service Provider

A company that provides customers with access to the Internet.

Small Business

An independently owned and operated company that is limited in size and revenue depending on the industry.

Existential Import

The implication that a statement or proposition presupposes the existence of certain entities it refers to, affecting its truth value.