Answer:
B - $13,556.82
Explanation:
Amount to be invested is equal to the present value of future inflows
Present value = future value/(1+Interest rate)^Number of years
The actual amount at the end of the first year should be $3000 if there is an answer in the options
The amount at the end of the second year is $4000
The amount at the end of the third, fourth and fifth year is $5000
Hence, amount to be invested = 3000/(1.17) + 4000/(1.17)^2 + 5000/(1.17)^3 + 5000/(1.17)^4 + 5000/(1.17)^5
= $13,556.82
Hence, the answer is $13,556.82
The company probably uses the multidomestic strategy.
<h3><u>
What is a multidomestic strategy?</u></h3>
- A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
- Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
- The structure of multinational corporations is described by an alternative use of the phrase.
- International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.
Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.
Know more about multidomestic strategy with the help of the given link:
brainly.com/question/14989951
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<span>The FAFSA form is used in order to apply for Federal Student Aid. This is due to the fact that the form assesses the financial situation of the student and their family, and is able to provide funding for the student to pursue their higher level education.</span>
That is true, was that your question? :)
