Answer:
Amount deposit = $118,411.4 (Approx.)
Explanation:
Given:
Future amount = $150,000
Rate of interest = 6% compounds semiannual
Number of year = 4 year
Find:
Amount deposit
Computation:
Compounds semiannual
So,
Rate of interest = 6% / 2 = 0.03
Time taken = 4 x 2 = 8 times
So,
A = P[1+r]ⁿ
150,000 = p[1+0.03]⁸
150,000 = p[1.03]⁸
150,000 = p[1.26677]
p = 150,000 / 1.26677
p = 118,411.393
Amount deposit = $118,411.4 (Approx.)
A sales representative is a person who works for a particular brand or company and helps in selling the products or services of a company while at the same time representing the brand. The sales representative basically works by contacting the customer until the time the product is sold or the customer had made use of the service.
There are certain skills required by the sales representative like-
- Communication skills- good communication skills are required by every sales representative, as it enable a person to represent his and his company’s views more efficiently.
- Negotiation skills – these skills also ensure that you can make good relations with other big companies that widen your brand network.
- Public skills – these will help you in better public speaking whenever you have to give presentations on a brand’s goals or views.
- Organizational skills- as the workload is more you will need to organize yourself so you can complete your tasks on time.
- Therefore, out of the four candidates, the person who has all these important skills will get selected in the interview for sure and moreover, and will surely impress his employer with these certain skills.
Learn more about Pre-approach selling process here-
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Answer:
C. increase if beef is a normal good; decrease if rice is an inferior good.
Explanation:
As the average income in China continues to increase, we would expect the demand for beef to increase if beef is a normal good and the demand for rice to decrease if rice is an inferior good.
Normal goods are goods whose demand increase with the increase in income of consumer, however, demand decreases with the decrease in the income of consumer as we know Income is a key factor, which affect the demand of goods and services. Examples of Normal goods are Beef, Pizza, etc.
Inferior goods are goods whoes demand decreases with the increase in income of consumer, however, demand increases with the decrease in the income of consumer. Examples of Inferior goods are Cereal, Rice, non branded noodles etc.
