Answer: $387.23
Explanation:
Given that,
Borrowed from bank, P = $50,000
Annual interest rate, r = 8% = 0.08
Monthly rate of interest = 
= 0.0067
Tenure(period), n = 25 years = 25 × 12
= 300 months
![Monthly\ Installments=\frac{P\times r\times (1+r)^{n}}{[(1+r)^{n}-1]}](https://tex.z-dn.net/?f=Monthly%5C%20Installments%3D%5Cfrac%7BP%5Ctimes%20r%5Ctimes%20%281%2Br%29%5E%7Bn%7D%7D%7B%5B%281%2Br%29%5E%7Bn%7D-1%5D%7D)
![Monthly\ Installments=\frac{50,000\times 0.0067\times (1+0.0067)^{300}}{[(1+0.0067)^{300}-1]}](https://tex.z-dn.net/?f=Monthly%5C%20Installments%3D%5Cfrac%7B50%2C000%5Ctimes%200.0067%5Ctimes%20%281%2B0.0067%29%5E%7B300%7D%7D%7B%5B%281%2B0.0067%29%5E%7B300%7D-1%5D%7D)
= 387.23
Therefore, the required monthly payment is $387.23
Answer: Option C
Explanation: In simple words, micro-targeting refers to the marketing technique usually used by political parties under which the entity tries to capture a target audience by focusing on a particular topic or characteristic.
In the given case, Ramsey Jordan wants to promote himself to the audience by showing off his educations quantification and visions for the future.
Thus, we can conclude that he is micro-targeting.
<span>The combination of all the factors that consumers evaluate when deciding whether or not to buy a good or service is called total product offer also known as a value package.
When a consumer evaluates something before they purchase, they want to make sure they are getting everything out of the item. It needs to fit their wants and needs and by evaluating the item consumers ac accurately decide if it is the right good or service for them.
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