Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Jan 2018 My Price 3.00

city of El Paso

Beginning in 2011, city hall, administrative offices, and municipal courts in the city of El Paso, Texas, will go on a 10 hour_day, 4-day workweek from the beginning of May through the end of September. The shortened workweek will affect 25% of the city’s 6100 employees and will save $42,600 per month for those 5 months, because of reduced fuel, utility, and janitorial expenses. If this work schedule continues for the next 10 years, what is the future worth of the savings at the end of that time (i.e., end of year 2020)? Use an interest rate of 0.5% per month.

 

Answers

(5)
Status NEW Posted 21 Jan 2018 12:01 AM My Price 3.00

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