cheeversamy
New member
- Joined
- Oct 18, 2016
- Messages
- 1
"You have been charged with putting together a redundancy package for a departing exe
can anyone help with either of these questions
1.
You have been charged with putting together a redundancy package for a departing executive. The executive has asked for the following: (1) The present value of the next two years’ lost pay. The executive’s current annual salary is £120,000 and historical salary growth is 5 per cent per annum. (2) £100,000 for reputation management and a non-disclosure contract. (3) £20,000 non-competition agreement. If the effective annual interest rate is 6 per cent, what is the size of the settlement? If you were the departing employee, would you like to see a higher or lower interest rate?
2.
You have an investment that will pay you 1.17 per cent per month. How much will you have per euro invested in one year? In two years?
can anyone help with either of these questions
1.
You have been charged with putting together a redundancy package for a departing executive. The executive has asked for the following: (1) The present value of the next two years’ lost pay. The executive’s current annual salary is £120,000 and historical salary growth is 5 per cent per annum. (2) £100,000 for reputation management and a non-disclosure contract. (3) £20,000 non-competition agreement. If the effective annual interest rate is 6 per cent, what is the size of the settlement? If you were the departing employee, would you like to see a higher or lower interest rate?
2.
You have an investment that will pay you 1.17 per cent per month. How much will you have per euro invested in one year? In two years?