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viktelen [127]
3 years ago
13

You are considering building a new deck on your​ home, what factors should you consider when deciding whether to borrow the mone

y or take the money out of your savings​ account?
Business
2 answers:
maks197457 [2]3 years ago
6 0
You should definitely consider that you are only allowed to withdrawl 6 times from your savings account in a month according to the federal law. So, this would probably make you consider borrowing because something might come up where you need the money from your savings. Also, you should consider if there is an interest rate in borrowing the money, and how long it would take you before you could pay it back. Hope this helps!
kumpel [21]3 years ago
3 0
Who what when and where

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The brothers who created The GFB early on began shopping the product to independent coffee shops and then expanded into grocery
andrezito [222]

Answer:

Marketing channels.

Explanation:

Marketing Channels is one of the core aspects of marketing which enables a company to marketize its products, services, and brand identity to it's customers.

The Gluten Free Bars (GFB) are the vegan bars created by Marshall and Elliot Rader (brothers). The brothers created the GFB in 2010, and heralded the gluten-free industry.

<u>To marketize their products, they used the element of marketing channels. They first reached to their possible customers by shopping their products to independent coffee shops, then to grocery and natural food stores. They used the channels of independent coffee shops, grocery and natural food stores to marketize their products and services to their possible customers.</u>

Thus the correct answer is that they used marketing channels aspect of marketing.

6 0
3 years ago
You are planning your retirement in 15 years. You plan to retire with $3,000,000 and your retirement account earns 4.8% compound
Maslowich

Answer:

The retirement fund will last for 33 years and 7 months

Explanation:

We need to solve for time in an ordinary annuity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  $15,000.00

rate 0.004 (4.8% divide by 12 month)

PV $3,000,000

time n

15,000 \times \frac{1-(1+0.004)^{-n} }{0.004} = 3,000,000\\

we clear for n as much as we can and solve

(1+0.004)^{-n}= 1-\frac{3,000,000\times0.004}{15,000}

(1+0.004)^{-n}= 0.20

now we use logarithmic properties to solve for n:

-n= \frac{log0.2}{log(1+0.004)

-403.16  

this will be a value in months so we divide by 12 to get it annually

403/12 = 33,5833

we convert the residual to months:

0.5833 x 12 = 6.996 = 7 months

6 0
3 years ago
This type of credit is described as a specific amount of money that typically includes
Tamiku [17]

Answer:

Installment

Explanation:

In installment credit, the borrower makes periodic, fixed, and scheduled loan repayments. The loan has a set timeline by which it ought to be fully repaid. The periodic repayments( installments) are mostly monthly. The installment amount is predetermined and includes the principal amount and an interest component.

Every installment payment reduces the loan balance. The borrower continues making payments until the entire loan is repaid. Installment contrasts with revolving loan type. Under the revolving loan, the lender sets a loan limit for the borrower. The borrower can borrow as many times as long as they are below the set limit.

6 0
3 years ago
A conventional cash flow pattern associated with capital investment projects consists of an initial outflow followed by:______.
Travka [436]

A conventional cash flow pattern associated with capital investment projects consists of an initial outflow followed by a number of inflows over a period of time.

Investing is dedicating an asset to obtain an increase in cost over a time period. Making funding calls for sacrificing your contemporary assets including time, cash, and effort. In finance, the cause of investment is to generate and make the most of the assets invested

An investment is an asset or item bought for income or capital appreciation. Valuation refers back to the boom in the value of an asset over time. while a person purchases a very good as an funding, the intention isn't to devour the good, however, to use it to create wealth inside the destiny.

Learn more about investment here:brainly.com/question/25300925
#SPJ4

4 0
2 years ago
Light Force Inc. produces and sells lighting fixtures. An entry light has a total cost of $180 per unit, of which $100 is produc
lions [1.4K]

Answer:

Total mark up= 45%

Explanation:

Giving the following information:

An entry light has a total cost of $180 per unit, of which $100 is product cost and $80 is selling and administrative expenses. Also, the total cost of $180 is made up of $110 variable cost and $70 fixed cost. The desired profit is $45 per unit.

If $100 is the product cost, and $45 is the desired mark up:

100=100%

45= ?  = (45/100)= 0.45= 45%

8 0
3 years ago
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