Answer:
$247,300
Explanation:
Given that
Invested amount = Present value = $11,2000
Time = 10 years × 4 quarter = 40
The rate = 8% ÷ 4 = 2%
So, we have to applying the future value formula which is presented below:
Future value = Present value × (1 + interest rate)^ time period
= $112,000 × (1 + 0.02)^40
= $112,000 × 1.02^40
= $112,000 ×2.2080396636
= $247,300
Hello There!
In the presentation stage of the sales process, a salesperson describes a person's features and relates them to the customer's needs.
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Answer:
Resource Market : <u>Sellers (households)</u> sell factors of production to <u>buyers (businesses)</u>, in return of factor incomes.
Product Market : <u>Sellers (businesses)</u> sell goods & services to <u>buyers (households)</u>, in return of price expenditure for goods & services.
Explanation:
Circular flow of Income is flow of payments & receipts for goods, services & factor services between sectors (firms & households) of economy.
Households sell factors of productions i.e land, labour, capital, entrepreneur to buyers businesses . They get factor incomes i.e rent, wages, interest, profit in return from them .
Businesses sell goods & services to buyers households. Households spend factor incomes earned from supplying production factors, in paying prices for those goods & services.
Product Market : Involves flow of factor services, final products & services - from households to firms, from firms to households respectively.
Money Market : Involves flow of monetary factor payments, prices expenditure- from firms to households, from households to firms respectively
Consumer choice occurs when a buyer has an almost unlimited selection of products that are very difficult to differentiate between.
<h3 /><h3>What is Consumer Choice</h3>
Consumer choice refers to the aspect of microeconomics that deals with the decisions consumers make with regard to products and services.
This involves how consumers decide which products to purchase or consume over time.
<h3>Factors affecting Consumer Choice</h3>
- Psychological Factors
- Social Factors.
- Cultural factors
- Personal Factors
- Economic Factors
Learn more about Consumer Behavior at https://brainly.in/question/1232898
In the improvement of an advertising plan, blending the advertising mix might now not generally involve. "Predicting destiny behavior" isn't part of the technique.
An advertising plan is the advertising strategy that a commercial enterprise will implement to promote its products or services. The advertising and marketing plan will help decide who the target marketplace is, how pleasant to attain them, at what rate factor the service or product ought to be sold, and how the enterprise will measure its efforts.
AN instance OF A advertising PLAN. based on an evaluation of the watch marketplace and our strengths, well-known will introduce the Spree watch. half of the shoppers of branded style watches are between 18 and 34 years of age. This group, which purchases extra watches in line with capita than those older, is our primary market phase.
Knowing your target purchaser, taking an incorporated method in your campaigns, understanding and speaking your USP, focusing on your patron's troubles and particularly, committing.
Learn more about advertising plan here: brainly.com/question/9027729
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