Answer:
James' credit union loan rate is 8.88% APR, the local bank loan rate is 9.34% APR.
Explanation:
Hi, since in both cases payments would be done in a monthly basis, we have to assume that the rate that we are looking for is APR (compounded monthly), and since there is no additional information in regards that 9.25% rate, we can assume that this is effective annually, so let´s convert this effective monthly rate into APR (compounded monthly)
First, we have to convert it into an effective monthly rate, that is:
Then we multiply by 12 and we get 0,088796 , which is 8.88% APR (compounded monthly)
This way James can compare both credits. The cheaper loan is from the credit union.
Answer:
Check the explanation
Explanation:
As per the beta distribution, the average revenue per year = (Pessimistic +4*Most Likely +Optimistic) / 6
Avg revenue per year = (460000 + 4*660000 + 840000) / 6 = 656666.67
MARR = 12%, life = 9 yrs
NPW = -4000000 + 656666.67 * (P/A,12%,9) + 40000 * (P/F,12%,9)
= -4000000 + 656666.67 * 5.32824 + 40000 * 0.36061
= 7498877.6+14424.4
= -433415.60
= -433000 (nearest 1000)
The correct answer to this open question is "the lost-horse forecasting."
In 2019, a marketing manager for New Balance’s Fresh Foam Zante shoe needs to forecast sales through 2021. She begins with the known totals for 2018 and adjusts for positive factors like acceptance of new high-tech designs and great publicity, and for negative factors like higher inflation and predicted moves by the competition. This type of forecast is referred to as <u>lost-horse forecasting.</u>
In this kind of forecast, you first take into consideration the last known value of the article that is going to be forecasted, writing all the factors that might affect it in the forecast. Then you have to evaluate if that would have a positive or negative influence or impact in the article. Finally, you project a feasible situation.
When a company controls a combination of factors which it uses to provide value for its target customers, this is a marketing mix.
<h3>What is a marketing mix?</h3><h3 />
A marketing mix refers to all the factors that a company uses in order to be able to provide for the goods and services of the customers it targets.
Some of these factors include the pricing of products, the products themselves and their functions, and the place that the products are to be offered.
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The MIB was created in order to alert insurer home office underwriters of errors, omissions, or misrepresentations made on insurance applications.
<h3>What is medical coverage?</h3>
Medical and health-related expenses are covered by a type of insurance coverage called health insurance. Regular care, medical emergencies, and chronic illness management are all partially or fully covered by health insurance. In the US, health insurance is frequently offered by employers as a benefit package, while Medicare and Medicaid offer health insurance to the elderly and others with low incomes.
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