Answer:
$ 1,781.53
Explanation:
The future value of the 5-year CD can be determined by using the future value formula stated below:
FV=PV*(1+r)^n
FV is the future value which is expected future amount after 5 years
PV is the initial amount used in purchasing the CD i.e $1500
r is the rate of return on the CD on an annual basis which is 3.5%
n is the number of years the investment would last which is 5 years
FV=$1500*(1+3.5%)^5
FV=$1500*1.187686306
FV=$ 1,781.53
Answer:
Option C, It is an estimate of tuition fees, room and board, books, supplies and other expenses.
Explanation:
Cost of attendance attendance is the total cos incurred on an individual during an entire academic year by the institute. An institute take into account cost incurred on the following for determining COA-
a) tuition and fees
b) books and supplies
c) College infrastructure cost inclusive of room and board
d) transportation
e) scholarship etc.
Hence, option C is correct
Answer: market share
Explanation:
Product quality simply has to do with the addition of features that have the necessary capacity to meet the needs and wants of the consumer and ultimately give the customers satisfaction through the improvement in products and also making them defect free.
Product quality is ultimately reflected in the markett share and the price that customers are willing to pay.
Answer: market testing
Explanation: In simple words, market testing refers to the process in which a product is tested in real situation with actual potential customers before introducing it to the market. Market testing is usually done for the purpose of detecting problem so that appropriate changes could be made in the product.
In the given case, the company introduced its ice cream to only few numbers of customers to evaluate their reactions.
Hence that were at market testing stage