The amount of interest to be paid in total for six and a half years is $59,357.31
Computation:
Given,
Principal Amount =$44,500
Interest rate =13.11% annually
The interest is compounded monthly
time period= 6.5 years
The formula of compound interest will be used:
Substituting the values in the formula:
Now, the value of total interest paid is computed by taking the difference between the annuity amount and the principal amount.
Therefore, from the given options non of the options are correct.
To know more about compound interest, refer to the link:
brainly.com/question/25857212
Answer: 10
Explanation:
From the queen, we are informed that from 7 people comprising of 5 men and 2 women , 4 people are to be selected.
To calculate the frequency of 2 women we can. get goes thus:
= 5C2 2C2
= 5! / (5-2)!2!
= 5! /3!2!
= 5 × 4 × 3 × 2 / 3 × 2 × 2
= 10
Therefore, the frequency of 2 women is 10
Answer: Qualitative data
Explanation:
Qualitative data involves observation and recording of data. Data is gathered by observation, conducting face-to-face interviews, surveys, case studies etc. It is also known as categorical data.
Qualitative data helps to determine characteristics and features. In business and marketing, qualitative data helps to provide answers to who a customer is, the problem they face and how to solve it.
Answer:
True
Explanation:
Market segments are <u>customer groups, based on common characteristics people within each group share</u>, such as; age, sex, geographic location, race, religion.
The significant increase in the number of green (or environment) conscious consumers make it a legitimate market segment that can be targeted by companies.
The Federal Reserve will more than likely decrease interest rates to encourage spending. When interest rates are low, individuals wish to spend money as it costs less for them to borrow. This increases economic activity to get themselves out of a depression/recession.