Answer: $242,567.27
Explanation:
The $5,000 is an annuity as it is being paid every year and is a constant amount.
The value in 19 years is the future value of this annuity:
Future value of annuity = Annuity * ( ( 1 + rate) ^ number of years - 1) / rate
= 5,000 * ( ( 1 + 9.5%)¹⁹ - 1) / 9.5%
= $242,567.27
Concepts like value and relationship marketing are important in designing an organization's marketing program because such a program is what connects the organization to its customers.
Below you can read further to understand more on customer relationship Management.
<h3>What is Customer Relationship Management?</h3>
Customer relationship management refers to the process in which a business or other organization interacts with customers, typically using data analysis to study large amounts of information.
This also involves the process of nurturing positive relationships with your customers.
Learn more about Customer Relationship Management at brainly.com/question/21299183
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Answer:
Build more factories, Expand the size of current factories, Use cheaper materials
Explanation:
Long run is not a precise period of time thereby meaning it could span from a year to eternity, which is adequate time to plan and grow. Building more factories will increase the growth in size for the capacity for more production as well as expanding the size of the current factories. Due to the fact that there is a constraint of production capacity the company should look for alternatives in production technology in the long run so as to reduce cost of materials but with the same production quality.
