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Ad libitum [116K]
1 year ago
11

Assume the initial value of an investment is $1,000 and the growth rate is 10%. Using the Rule of 70, how many years will it tak

e for the initial value to double
Business
1 answer:
Ainat [17]1 year ago
8 0

about 5.8 years

What is growth rate?

Growth rates are the changes in a particular variable's percentage over a given period of time. Increase rates, for investors, often represent the compounded yearly rate of growth of a company's revenues, earnings, dividends, or even macro terms, such as gross domestic product (GDP) and retail sales. Two popular types of growth rates used for analysis are expected forward-looking and trailing growth rates.

Growth rates are used to calculate the percentage change in a variable over a given year.

In the past, growth rates have been used to analyze economic activity, business management, and investment returns. Growth rates were first employed by biologists to analyze population sizes.

Learn more about  growth rate with the help of given link:-

brainly.com/question/23618633

#SPJ4

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Pepsi Cola has entered into a long-term contract with a South African beverage business. The contract calls for the South Africa
Helen [10]

Answer:

<u>Licensing </u> is the correct answer.

Explanation:

Licensing is defined as a trade agreement between a company that gives another company authorization to manufacture its product by contract and payment of royalties for the use of the right to use the trademark.

Companies generally license: design, patents, trademarks, copyrights and others whose purpose is to assist in increasing profitability and expanding business.

Despite being a very profitable strategy worldwide, product licensing is not crucial to a company's success, despite the ease of marketing a product or brand already consolidated and valued by the consumer, it is necessary to ensure compliance in production processes. and focus on marketing and sales.

8 0
3 years ago
Name two criminal justice careers that require a similar skill set and explain how this skill set aids in job performance
AlexFokin [52]
Detectives And Polices.
6 0
3 years ago
If the elasticity of demand for Good A is −3, a 33 percent decrease in quantity demanded of Good A results from a(n) ________ in
velikii [3]

Answer:

Option (d) is correct.

Explanation:

Given that,

Elasticity of demand for Good A = −3

Percentage decrease in quantity demanded for Good A = 33%

Elasticity of demand for Good A = Percentage change in quantity demanded for Good A ÷ Percentage change in price of Good A

-3 = - 33 ÷ Percentage change in price of Good A

Percentage change in price of Good A = (-33) ÷ (-3)

                                                                 = 11%

Therefore, percentage increase in price of good A is 11%.

7 0
3 years ago
Mattel views the toy market as composed of four age groupings, each with different needs and desires. Each of these groups are k
blondinia [14]

Answer:

the answer is a market segment

Explanation:

a market segment is a sector in the market that has potential customers and consumers that have similar characteristics and similar tastes along with more or less similar purchasing power.

because of this, the consumers in a market segment will react in a similar way (most of the time) to a given marketing campaign.

4 0
3 years ago
Hank brings several thousand dollars in cash to a small bank and exchanges it for cashier's checks. If this transaction is part
Radda [10]

Answer:

Placement

Explanation:

Money laundering is an illegal process of concealing the money obtained through an illegal act by passing it through a series of other complex transactions .

It involves the three stages of placement , layering and integration.

Placement is the first stage of money laundering after movement from the source where illegal proceeds are disguised by placing them into circulation through deposit into financial institution to allow easy layering.

Hank's action of exchanging the stolen money for cashier's check is a typical example.

3 0
3 years ago
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