Answer:
C. 4.93 percent
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. The value of the annuity is also determined by the present value of annuity payment.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where
P = Monthly receipt = $1,225
n = number of period = 30 years x 12 month each year = 360 months
As we already have the present value of annuity we need to calculate the rate of return.
$230,000 = $1,225 x [ ( 1- ( 1+ r/12 )^-360 ) / r ]
r = 4.93
Answer:
C
Explanation: I took the Unit Test and got it right!
<span>The one that describes a developing nation is A, a command economy with a low human development index. The developing country or also known as the industrialized nation is a sovereign express that has an exceptionally created economy and progressed innovative foundation with respect to different less industrialized countries.</span>
Answer:
<u>distinguish one place from another.</u>
Explanation:
Globalization corresponds to a process of economic, political, cultural and social integration between different countries, which was motivated by the advance of new technologies, which boosted communication and transportation between different countries.
Globalization has a significant impact on the world, it affects communication, the movement of goods and resources, international trade and other variables.
Therefore, it is important that in a company that wants to expand in the world market to have an organizational culture focused on a world view of management, prioritizing the internal and external environment that differs according to the country in which the business activities are implemented. It is necessary for managers to have an ethical view of doing global business, where there is respect for different cultures and a positive organizational climate.
It is also important to segment the local market, taking advantage of all the small opportunities that a new market can offer, such as reducing costs and maximizing profits, government incentives and hiring experienced employees in the local market.
Answer:
Duopoly ( B )
Explanation:
The term that describes a country's market whereby there are only two firms in any industry is ; Duopoly
A Duopoly economy is a type of economy whereby the entirety of an Economy is solely controlled/owned by a not more than two industries/companies, this type of economy can be said to be a form of Oligopoly in its simplest form. while a monopolistic competition involves just one company or industry controlling the economy