What was the opening price of Dow Jones Industrial Average on May 30, 2017 in the format of XXXXX.XX?
1 answer:
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Answer:
After her 18th birthday the balance will be $41,301
Explanation:
Balance right after the 18th birthday is calculated using the formula for future value of annuity
FV =
Annual payment PMT = 1,000
Interest rate i = 0.09
Deposits are made for 18 years: n = 18
The balance in her account will then be:
FV = 1,000 * ( 1.09^18 - 1 ) / 0.09
= $41,301
The strategies the companies are following in each case are;
1)Cost leadership strategy
2)Product differentiation strategy
3) Product differentiation strategy
4) Cost leadership strategy
<h3>What Is Cost Leadership Strategy? </h3>Cost leadership is known to be a kind of a business-level methods that is often used by people or by companies who are interested to gain a competitive advantage by acting as the lowest-cost producer of a product, service, production process, or others.
Therefore, The strategies the companies are following in each case are;
1)Cost leadership strategy
2)Product differentiation strategy
3) Product differentiation strategy
4) Cost leadership strategy
Learn more about Cost leadership strategy from
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