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3 years ago

Which of the following factors is the most important to consider when targeting a new market?

1 answer:

5 0

These include gender, age, income levels, race, education, religion, marital status, and geographic location. Consumers that fall into these groups tend to value the same products and services, which is why narrowing down these segments is one of the most important factors to determine target markets... if not then search the question..

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Paul borrowed $90 from greg eight months ago. today, paul paid greg back $102.60. what is the simple annual interest rate that p

pogonyaev

21% interest

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3 years ago

Jordan brought $20 to the movie theater to spend on popcorn and candy bars. Popcorn costs $5 a bucket and a candy bar costs $3.

hichkok12 [17]

Answer:

Explanation:

Jordan brought $20 to the movie theater to spend on popcorn and candy bars. Popcorn costs $5 a bucket and a candy bar costs $3.

If he buys two buckets of popcorn, the amount spent on popcorn will be " buckets x $5 = $10

what would be the largest number of candy bars that he can purchase is Total amount less amount spent on popcorn, divided by the cost of candy bars.

That implies = (20 - 10) = $10 balance cash / $3 price per candy bar = 3 candy bars

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4 years ago

What do you understand by financial intermediaries?

GrogVix [38]

Answer:

A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction, such as a commercial bank, investment bank, mutual fund, or pension fund.

<h3>PLEASE MARK ME BRAINLIEST.</h3>

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3 years ago

When should a coder assign placeholder x for a code in ICD-10-CM

GalinKa [24]

The putting of the “x” in addition to the code set (CM or PCS) involved determines what it designates in each condition, but this can be unclear for those learning the system. Undoubtedly, learning a new code set will show a test to coders, and consuming multiple meanings for a letter makes it even tougher.

7 0

3 years ago

A store offers two payment plans. under the installment plan, you pay 25% down and 25% of the purchase price in each of the next

Ann [662]

Answer

a-1 . The Present Value of the installment plan is $94.38.

We calculate the PV of $25 for each of the three following years with the following formula:

$PV_{Annuity} = Constant Payment * PVIFA_{0.04,3}$

where

PVIFA = Present Value interest factor of an annuity of $1 at 4% for 3 years.

$PVIFA_{0.04,3} = 2.77509103$

We can ascertain this in excel by using the syntax : =pv(0.04,3,-1).

In this syntax, 0.04 is the interest rate, 3 is number of periods and since the annuity is $1 we write 1. We need to put in -1 because otherwise, we'll get the answer as a negative number. This is because excel treats any Present Values as outflows, and records them as negative.

Substituting the values above in the preceding equation we get,

$PV_{Annuity} = 25 * 2.77509103$

$PV_{Annuity} = 69.3772758$

In order to find the Present Value of the installment plan, we need to add the down payment of $25. So,

$PV_{instalment} = $25 + 69.3772758$

PV of instalment = $94.38

a-2. We get a 6% discount when we pay in full, so the purchase price of the product becomes:

$Purchase price = 100 - (100*0.06)$

$Purchase price = $94 (100 - 6)$

Since the purchase price of the pay in full plan is lesser than that of the installment plan, the pay in full plan is a better option.

b-1. The Present Value of the installment plan is $90.75.

Since the first instalment falls due only after one year, we calculate the PV of $25 each of four years with the following formula:

$PV_{Annuity} = Constant Payment * PVIFA_{0.04,4}$

where

PVIFA = Present Value interest factor of an annuity of $1 at 4% for 4 years.

$PVIFA_{0.04,4} = 3.62989522$

We can ascertain this in excel by using the syntax : =pv(0.04,4,-1).

Substituting the values above in the preceding equation we get,

$PV_{Annuity} = 25 * 3.62989522$

$PV_{Annuity} = 90.7473806$

b-2. In this case, the PV of the pay in full plan remains at $94 while that of the instalment plan falls to $90.75. Since the PV of the Instalment plan is lower, we'll choose the instalment plan.

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3 years ago