Answer:
generic goods.
Explanation:
Generic goods -
It refers to the type of packaging , where only the type of product present inside the packet is written , rather than specifying the name of the brand , is referred to as generic goods .
For example ,
Mentioning the package with rice , cola , beans etc. , is the example of generic food .
Hence , from the given scenario of the question ,
The correct answer is generic goods .
Answer:
We will have $3227 at the end of 4 years.
Explanation:
In this case we are saving money each year starting with $650 in the first year, $670 in the second. $670 in the third and $830 in the last year which means the $650 saved in the first year will earn interest for 4 years, $670 for 3 years , then $670 for 2 years and $830 for 1 year. Now we have to find out the ending amount of each payment and add them up.
Future Value = Present value*(1+Interest rate)^Number of years.
FV 1st year savings=650*(1.0570)^4=811
FV 2nd year savings= 670*(1.0570)^3=791
FV 3rd year savings = 670*(1.0570)^2=748
FV 4th year savings= 830*(1.0570)^1=877
Add them all up to find how much will we have at the end of four years
=$3227
Explanation:
Since measuring the effective interest rate and effective interest rate of 4,6% multiplied per month, the effective rate was 4,6980 dollars annually, so she did not use the right option and preferred the lower rate because she was on a lower rate of return while she was a continual companion.
In this issue, the rate of interest has Adjusted and the interest rate paid for this monthly compound is higher than what the interest rate is offered. The rate of the continuous compounds is also higher than the rate of interest offered on the monthly compounding.
All varieties of information, from bullet pointed text to numerical tables
