Answer:
r = 9.86%
Explanation:
The formula for calculating the future value of an invested amount yielding a compound interest is given by:
where:
FV = future value = $16,000
PV = present value = $10,000
r = interest rate = ?
n = number of compounding period per year = 1
t = time in years = 5
∴ 
dividing both sides by 10,000
to remove the power of 5, we have to take the 5th root of both sides:
Using your calculator:
1.09856 = 1 + r
∴ r = 1.09856 - 1 = 0.09856
r = 0.0986 = 9.86%
∴ r = 9.86%
It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.
<h3>What is Personal selling all about?</h3>
Personal selling can be regarded as face-to-face selling where someone who is the salesman tries to convince the customer in buying a product.
It serves as a promotional method by which the salesperson uses his or her skills to sell goods.
Learn more about Personal selling at;
brainly.com/question/7156426
The first thing you need to do when you encounter a product or service you purchased is to make a phone call or go back to the store where you bought the product or service. This way immediate attention will be given to your concern.
If there is a delay in the resolution of your product or service defect, it is better to write a letter of complaint after making a phone call. This is to ensure that your complaint is properly documented.
The answer is FICA.
FICA stands for Federal Insurance Contributions Act, which includes money that is taken out if your paycheck for social security and Medicare.
