ANSWER: The correct answer is (d)- To serve as an introduction.
Explanation: Executive summary is a brief overview or introduction of the entire plan. It highlights the main points of the marketing plan to the company or business. Mostly people in the authority are occupied to deeply go through the plan so executive summary provides a basic understanding or overview or idea. It provides the summary of objectives and a proposed framework for growth potential.
Answer:
I should invest in dollar deposits.
Explanation:
Current exchange rate is 1 euro = $1.08
Assuming I have y euro, the equivalent in dollar is $1.08y
Rate of return on dollar deposit = 2% = 0.02
Return on investment = $1.08y + (0.02 × $1.08y) = $1.08y + $0.0216y = $1.1016y
Rate of return on euro deposit = 1% = 0.01
Return on investment = y euro + (0.01 × y euro) = y euro + 0.01 y euro = 1.01y euro = 1.01y × $1.08 = $1.0908y
I should invest in dollar deposits because the return on investment is greater than euro deposits.
Answer:
B. False
Explanation:
Since in the question, it is mentioned that Erney applied for a carpentry apprenticeship program. Also he took the test. This is not a illegal as if he wants to work in two specialized field than he could co but the work should be legal in nature and both the work are legal itself
Hence, the given statement is false
Answer:
Explanation:
Investment is an act of setting some amount side to grow and accumulate in the nearest future .. Investment is quite different from savings so Higher interest rate on investment is very important because tends to act as an aiding factor in letting such investment yield a lot of profit and grow.
While loan on the other hand is debt borrowed that has not been paid back, people lend money for so many reasons and they do this because they don't enough capital so they source for external fund, but in the situation where interest rate accrued on loan is high, then it will be difficult for such individual to pay back because this will increase the money that has to be paid back.
