It is called Federal Reserve Banking.
Answer: your answer is SBA.
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Answer:
The offer should be accepted
Explanation:
It is known that the amount $100,000 will be paid to someone when he turns 26 years. The current age is 21 years.
the 5-years bond is given 3.1 percent of interest rate.
another option for the person is offered $103,021.02 right away which is the present value.
The present value of the $100,000 that is going to be received after 5 years is calculated as follows;
Present value = Amount to be received /(1+interest rate/100)^t
= 100,000/(1+ 3.1/100)⁵
= 100,000/ 1.031⁵
= $85,843.35
Therefore, the present value is $85,843.35 for the amount $100,000 to be receive after five years.
Since the amount $103,012.02 he was offered is greater than the present value of his inheritance after 5-years, the person should accept the offer and forget about the inheritance of $100,000.
Answer:
3 years
Explanation:
The computation of the payback period is shown below:
Payback period = Initial investment ÷ Net cash flow
where,
Initial investment is $15,000
And, the net cash flow would be
= Year 1 + year 2 + year 3 + year 4
= $5,000 + $5,000 + $5,000 + $5,000
= $20,000
As we see that the net cash flow is recovered in three years that means net cash flows and the initial investment are equal
So,
Payback period would be
= $15,000 ÷ $15,000
= 3 years
Answer:
Marketing Plan
Explanation:
The marketing strategy of the company is one of the most crucial components of development and growth for the company.
It includes all the activities in which the company makes a strategy and plan of how shall the product be developed, what should be an approximate level of acceptance of cost, and further how it shall be ultimately delivered to maximum consumers.
It is thus, comprised of various steps involved as it relates to a complete task from the beginning to the end of producing and delivering the product.