Answer:
$570.91
Explanation:
For computing, the amount pay today for the annual membership we just need to apply the present value formula i.e to be shown in the attachment
Provided that
Future value = $0
Rate of interest = 11% ÷ 12 months = 0.916666%
NPER = 12 months
PMT = $50
The formula is shown below:
= PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the amount paid today for the membership is $570.91
Answer:
The correct answer is letter "C": consultative selling approach.
Explanation:
The consultative selling approach is a method of sale that requires vendor-customer engagement to provide consumer personalized experience by pointing out solutions out of open questions according to the customers' needs. Normally, vendors do not follow sales speeches to attract the consumers' attention but they improvise identifying the potential reason why customers would purchase a product.
The money that has been set aside for emergency situations can be ideally used for paying the phone bill at first.
Option C is the correct answer.
<h3>What is an emergency fund?</h3>
An emergency fund is an amount that is kept by an individual out of their earned income which is further to be used in uncertain times.
An emergency fund has been created to meet the contingencies in life that can be in the form of repairs of any equipment, medical problems, loss of job, etc. This fund helps the individual in uncertain times when he/she is in need of funds.
Therefore, the phone bill should be paid first from the emergency fund then the rest of the expenses to be considered.
Learn more about the emergency fund in the related link:
brainly.com/question/14826786
#SPJ1
Answer:
specialize in a specific area is the correct answer.
Explanation:
Answer: $246,400
Explanation:
Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.
Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.
