So the person(s) speaking will know that you understand what they are speaking about.
Answer:
58.81% annual
or 3.93% monthly
Explanation:
Using a financial calculator, we can determine the internal rate of return of this investment. The initial outlay is -$110,000, and the 60 $4,800 cash flows follow. The IRR is 3.93 per month. In order to determine the effective annual rate, we can use the following formula:
effective annual rate = (1 + 3.93%)¹² - 1 = 58.81%
Advertising regulations provide a set of rules and regulations that protects the consumer from deceptive or misleading claims.
Answer: Option (d)
<u>Explanation:</u>
Advertising regulations is a consumer protection act that safeguards the peoples from being misled in false information about sales and trade.
These regulations evaluates the bad products in a company and makes it fail easily.
It explains the detailed information about the severity of false product in a company and prevents the people from consuming that product.
FTC is one of the advertising policies commonly referred to as the Federal Trade Commission safeguards the consumers from unwanted practices and it also protects the basic rights of the consumer in a state.
FTC uses three major bureaus to evaluate the fraud practices involved in a business and implements a proper advertising activities.
Bureaus of Competition, Economy and Consumer protections implies the best practices of advertising policies.
