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IgorLugansk [536]
4 years ago
8

You and your sister are planning a large anniversary party 3 years from today for your parents' 50th wedding anniversary. you ha

ve estimated that you will need $6,500 for this party. you can earn 2.6 percent compounded annually on your savings. how much would you and your sister have to deposit today in one lump sum to pay for the entire party?
Business
1 answer:
alex41 [277]4 years ago
6 0

Based on the given above, in order to determine the present value, the amount you needed should be divided from 1 plus the 2.6 compounded annually on the savings which will be multiplied to three.

It goes as;

Present value = $6,500 / (1 + 0.026) 3 = $6,018.26

They need to deposit $6,018.26 today to pay for the entire party.

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Answer: Option B

<u>Explanation:</u>

To make a product famous that has been manufactured by a company, to make it reach to the consumers and to make them know about it, advertising is one of the most important elements. It focuses on the features, quality, prices etc of the product.

While evaluating the campaign of the advertisement, there are a lot many factors that are to be kept in mind by the company so that the consumers can know about the product.

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Suppose the spot and three-month forward rates for the yen are ¥102.21 and ¥101.18, respectively.a. Is the yen expected to get s
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Answer:

a.

The yen is expected to get stronger in three-month time.

It is because it is taking up to ¥102.21 to exchange for $1 at spot, while in three-month time, it is expected that it will only take ¥101.18 to exchange for $1.

b.

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Explanation:

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A small electronics company designs and manufactures bluetooth speakers.
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Given that this is not the company's first production, it means that they have some history in the market.

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When a forecast is made base on predictive values such as the above, it is called Forecast based on historical data.

The management team will take all the above into account in redesigning it's marketing Ps.

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The management team will answer question such as:

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Answers to all these questions will help the marketing improve on its previous marketing strategy.

Cheers!

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Answer:

The correct answer is "reasonable suspicion"

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