Answer:
APR is 330% and EAR is 1745.53%
Explanation:
Given:
Monthly interest rate = 27.5%
APR or annual percentage rate = 27.5×12 = 330%
So, Big Dom should report an APR of 330% to customers.
EAR or effective annual rate = 
Here,
APR is 330% and m is 12
330÷12 = 27.5%
substituting the value in the above formula:
EAR = 
= 17.4553 or 1745.53%
Answer:
Interest will be $5000
So option (A) will be correct option
Explanation:
We have given principal amount P = $500000
Rate of interest = 6 %
Time is November 1 to December 31
So time = 2 months = 0.1666 year
Interest is given by
Interest 
So option (a) will be correct option
Missionary selling is often an entry position for higher level sales and marketing jobs.
Option D
<u>Explanation:
</u>
An inventive missionary retailer can sell a business two or three times. Missionary sales jobs are often a road to orders.
Missionary selling is a type of sales by which a salesperson advises a person who affects the purchase decision. The purpose is not to end a sale but simply to obtain information from the main decision-maker. It is an indirect sale method.
Missionary employment in scientific, pharmacy and textbook sales is quite common.
Professional companies such as IBM and Xerox depend on missionary vendors for program specialists. Systems specialists collaborate with clients to overcome scientific or organizational challenges. Salespeople tell about innovative items that offer alternatives in the process of finding solutions. A technical expert who advises an organization to minimize its product shipping time may, for example, suggest a software program that simplifies the shipping process.
Answer:
2. Limited supply would increase the price
Explanation:
In the given case the vendor sells in advance four thousand units for $300. While the installed capacity of the factory being to produce 1000 smartphones every month.
Expected sales being 500 units per month.
During the first few months, since the seller has already successfully sold 4000 smartphone units, high demand for the smartphones is evident.
Since the supply is limited to 1000 units only in a month and the quantity demanded being more as is evident by 4000 units being pre sold, during the initial phase, this would create a high demand.
And since the supply is limited, the seller will have to increase the price as the demand is lot more.
B. An airline
They sell you a service of fly with the company.
The others sell you goods.
