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emmainna [20.7K]
4 years ago
14

Ramiro is also a college student. He has a credit card balance of $500.00. The APR on his card is

Business
1 answer:
erma4kov [3.2K]4 years ago
3 0

Answer:

No of Monthly payment it would take to pay off his credit card = $94.601 per month

Explanation:

If Ramiro made monthly payments at the end of each month, how long would it take to pay off his credit card?

No of Monthly payment it would take to pay off his credit card = nper(rate,pmt,pv,fv)

No of Monthly payment it would take to pay off his credit card = nper(18.24%/12,10,-500,0)

No of Monthly payment it would take to pay off his credit card = $94.601 per month.

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OPTIONS:

(A) A time objection

(B) A price objection

(C) A need objection

(D) A product objection

(E) A source objection

Answer:

D.) A product objection

Explanation:

When trying to sell a product to a prospective customer, there are several concerns raised by the prospective customer as a reason why they seem not willing to purchase such product or service being proposed to them. These concerns that make prospective customers to make a purchase is what is referred to as objections in marketing.

There are several types of objections that can be raised, one of which is referred to as product objection.

Product objection has to do with any concern raised about the product which prospective customers give as reason why they are not willing to make a purchase. In the case described in the question above, the concern that Jonathan's prospects are raising is related to the nature of the product as they are not willing to make a purchase because the Juicer is too bulky and is not easy to clean. It is not a time, price, need, nor a source objection. It is a product objection.

6 0
3 years ago
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How much would you have made or lost on an investment of $1 000
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Explanation:

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3 years ago
All of the following are examples of a capital project EXCEPT
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Answer:

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