Answer:
a decrease in interest and increase in output
Explanation:
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The balance in the savings account at the end of the 8th year (i.e., after 8 deposits) is $99,256, and the interest earned on the 8 deposits is $27,256
The future value of annuity is a calculation that measures how a good deal a chain of fixed bills might be really worth at a specific date in the future whilst paired with a particular interest price. The word “value” in this term is the coin's potential that a sequence of future payments can gain.
The equation to find future value of the annuity:
Future Value = E ( ( 1 + r)^p - 1 ) / r
E = Annual deposit = $9,000
r = Interest rate = 9%
P = 8 years
FV = Amount available = 9,000 ( 1.09^8 - 1 ) / .09 = $99,256
Interest = 99,256 - 9000 * 8 = $27,256
Future value is the value of a current asset at a future date based on an assumed fee of growth. The future price is vital to investors and economic planners, as they use it to estimate how an awful lot of funding made today may be worth it in the future.
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Answer:
The answer is Business Marketing.
Explanation:
Business Marketing is practiced by individuals and organizations alike. Business marketing is also known as Industrial marketing or Business-to-business (B2B) marketing.
This marketing involves commercial businesses, governments and institutions. In this practice, organization A sell their goods and services to other organization B rather than to the public, and organization B will in turn resell the goods and services.
Organization B can also use the goods and services to enhance their products as well.
This marketing method is a sure way to promote businesses, thereby improving profit.
An example of Business Marketing can be seen in the automobile industry where products from other businesses are used to make a car.
Another example can be seen when an office purchases supplies like coffee and stationery from another business.