Answer:
The future value of annual savings is $1,370.30
Explanation:
The amount of annual savings =(Shaan's premium +Anita's premium)*10%
Shann's premium is $790
Anita's premium is $645
Annual savings =($790+$645)*10%
=$143.5
The future value formula is given below:
=-fv(rate,nper,pmt,-pv)
rate is 5% annual interest rate
nper is the 8 years that is the duration of investment
pmt is the annual savings of $143.5
pv is the total amount invested now which is zero
=-fv(5%,8,143.5,0)
fv=$ 1,370.30
Nielsen PRIZM uses Market Segmentation.
Explanation:
Market division is the way toward isolating a market of potential clients into gatherings, or sections, in view of various qualities. The fragments made are made out of buyers who will react also to showcasing procedures and who share qualities, for example, comparable interests, needs, or areas.
Market division makes it simpler for advertisers to customize their promoting efforts.
By organizing their organization's objective market into divided gatherings, as opposed to focusing on every potential client exclusively, advertisers can be increasingly effective with their time, cash, and different assets than if they were focusing on buyers on an individual level.
Gathering comparable shoppers enables advertisers to target explicit spectators in a financially savvy way.
Market division additionally lessens the danger of a fruitless or ineffectual showcasing effort.
At the point when advertisers separate a market dependent on key attributes and customize their procedures dependent on that data, there is an a lot higher possibility of progress than if they somehow managed to make a conventional battle and attempt to actualize it over all sections.
The initial investment is the total amount spent or the amount of cash outflow.
The initial investment here is -
Proper cash flow amount = Cost of land (present cost of land) + Cost of Plant + Cost of Grading
Proper cash flow amount = $ 4,300,000 + $ 11,500,000 + $ 670,000
Proper cash flow amount = $ 16,470,000
Metacognition is often referred to ask "knowing about knowing." Metacognition is the awareness or understanding of one's own thought process.