I think it's these:
guarantee a set rate of return
provide diversification for a single investment
pools the assets of multiple investors
I hope it helped you!
Answer:
$2,678
Explanation:
Calculation for what is Steve's refund or balance due
Refund or balance due=3461 - [(24,000-18,660)*.1598]
Refund or balance due= 2607-(570-500)
Refund or balance due= $2,678
Therefore Steve's refund or balance due is $2,678
Answer:
One very feasible solution to Rianas business challenge is to explore and take advantage of other markets outside of the United States of America.
Explanation:
In other words, she needs to come up with a business strategy that includes exportation of her products.
The target market(s) must be carefully analyzed for ease of entry, competition, etc. She must be able to accurately distinguish her products in those markets.
When entering new terrains as an exporter, it is usually better to look for markets with higher:
- Ease of entry
- Ease of doing business
- Ease of communication etc.
Desk research alone will not suffice. Riana must try to visit the country she is planning to expand into. Next, her pricing, product positioning etc must be flawless. It will help Riana to also seek help from a business growth consultant who knows the new terrain very well.
Cheers!
Answer:
23.275 years
Explanation:
Given:
Present value or the amount invested = $ 300,000
Rate = 6% compounded quarterly
i.e the rate of return quarterly will be = 6% / 4 = 1.5%
Quarterly payment = $ 6,000
Annuity = $ 0
Now,
Present value of annuity = Part payment × ()
where,
n is the number of quarters
on substituting the values in the formula, we get
$ 300,000 = $ 6000 × ()
or
50 × 0.015 = ()
or
= 1 - 0.75
or
4 =
taking log both the sides
we get
log 4 = n × log 1.015
or
0.602 = n × 0.0064
or
n = 93.101 quarters
or
n = 93.101 / 4 = 23.275 years