Answer:
$477
Explanation:
Calculation to determine the surrender charge Sophia had to pay
Using this formula
Surrender charge = [Withdraw all amount - (Free withdraw all % x Account value)] x Surrender charge
Let plug in the formula
Surrender charge= [$13,700 - (0.12 x $70,000)] x 0.09
Surrender charge= ($13,700-$8,400)×0.09
Surrender charge=$5,300×0.09
Surrender charge=$477
Therefore the surrender charge Sophia had to pay is $477
Answer:
True
Explanation:
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Answer:
Approach
Explanation:
The personal selling process is a term used in marketing that describes a seven-step operation, which includes the following stages: prospecting, pre-approach, approach, presentation, meeting objections, closing the sale, and follow-up. All the stages deal with issues of sales and marketing solutions.
However, the Approach stage is defined as the preliminary meeting between the salesperson and the prospective customer, whereby the salesperson gets to know the potential customer in a very short period of time. This includes how to greet in accordance with the customs and norms of the potential customer.
Hence, in this case, the correct answer is APPROACH
Answer:C
Explanation:
Educated guess. Proper understanding of the environment helps to make informed decisions
<span>Here are the choices on the given question:
A. lender
B. investor
C. insurer
D. borrower
When the customer opens a bank savings account, the bank, essentially becomes an investor. So the answer is B.
Investor because the amount of money that you put in your savings account is being invested by the bank to gain interest.</span>
