Answer:
Annual deposit= $3,474.39
Explanation:
Giving the following information:
You want to have $60,000 in your savings account 12 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. The account pays 6.4 percent interest.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (60,000*0.064)/[(1.064^12)-1]= $3,474.39
Price level. :) i hope that helps
I believe this illustrates <span>sales-oriented pricing
The purpose of </span><span>sales-oriented pricing is to increase the total market shares that the company has for a certain type of product.
Large market shares means that the company had the most awareness and obtain a certain advantage compared to other competitors.</span>
Answer:
a. globalization.
Explanation:
Global economy refers to the viewing economies of all countries as a single economy. In recent years, economies of multiple countries are increasingly becoming interconnected and dependent on each other. Globalization describes the increased interactions and interdependence between multiple countries.
Advancement in technology and infrastructure development has facilitated the easy and faster movement of people, technology, ideas, goods, and services across borders. Consequently, international trade and social interactions have increased, making the world appear as one big economy. This connection between countries' economies is globalization.