Answer:
annual sum must he set aside $16209.42
Explanation:
given data
engineer wishes = $3 million
retires time = 35 years
nominal interest = 8%
solution
we get here effective annual rate that is
interest rate = 
...........1
interest rate = 
interest rate = 0.08328 = 8.33%
and
now we get annual sum must he set aside that is
amount = $3 million × 
amount = $3000000 × 
amount = $16209.42
Answer:
MORE| JOBS RISES THE MORE INCOMES.
PLZ MARK BRAINLIEST HAVE A GOOD NIGHT.
Explanation:
Earnings per share is "$2.5".
We can calculate this in such a way;
<span>Earnings per share = After-tax income or earnings /number of shares outstanding
</span>= <span>$375,000 / $150,000
= $2.5</span>
Answer:
a. repositioned product
Explanation:
A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. The company changed its campaign to focus on dietary needs rather than just convenience, thus targeting a segment of consumers looking for healthy diet. This is an example of a repositioned product
Product Repositioning refers to a major change in target market's understanding of the product or the brand.
Repositioning a product, means the firm has to change customers view of the product to reflect new benefits.
Usually businesses reposition a product due to declining performance as a result of stiff competition or due to major shifts in the environment.
