The interest rate and how well the product is selling.
Answer:
True
<h3>
When does a salesperson tell a customer that a product will last a lifetime?</h3>
- Statements such as "The performance of this product is top-notch" can be classified as expressed warranties.
- When a salesperson tells a customer that a product will last a lifetime, such a claim is most likely an example of sales puffery.
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The answer is D
because it tells u the percentage rate of how much u would be getting back
Answer:
134
Explanation:
i divided 746.38 by 5.57 and thats your answer
Answer:
73 years
Explanation:
To solve this problem, we can use the formula for the annual compound interest, which is:

where:
A is the final amount after time t
P is the principal
r is the rate of interest
t is the time
In this problem, we have:
is the principal
is the interest rate (5.5%)
We want to find the time t at which the amount of money is
A = $100,000
Therefore, we can re-arrange the equation and solve for t:

So, it will take 73 years.