No, because consumers equate quality of batteries with higher prices. With batteries consumers believe there is a price- quality relationship, it does not make the consumers, price insensitive. Also, there is no indication Energizer set a target price and adjusted cost and quality components to maintain wholesaler and retailer margins.
Overtime pay is the amount overtime paid to each employee in a pay period.
How its calculated: Hourly pay rate x 1.5 x overtime hours worked.
<span>This is a true statement. When Joseph is setting these plans, he is giving himself a roadmap on how he and his employees will best achieve these goals over the timeframe required. By planning, he can make sure that the business stays on track to meet whatever figures the company has set forth.</span>
Answer:
The correct answer is $20,772.92.
Explanation:
According to the scenario, the given data are as follows:
Payment (pmt) = $12,000
Rate of interest = 5.50%
Rate of interest per month (r) = 5.50 / 12 months = 0.46%
Time = 10 years (n) = 120 months
So, the future value can be calculated by using following formula:
Future value = PMT ×(1+r)^n
= $12,000 × ( 1 + 0.46% )^120
= $20,772.92
Hence, the future value at the end of 10 years will be $20,772.92.