Answer:
A.) The Truth in Lending Act calls for consumers to be protected on all levels, whereas the Consumer Credit Protection Act only calls for consumer protection in regard to banking and lending.
Explanation:
HOPE IT HELPS YOU
A. Offering a safe product will make more people want to buy that particular product.
The answer is B. the ad shows bars of soap and and a bathroom sink, i just took the test
Answer:
PV= $17,365,776.86
Explanation:
Giving the following information:
Cf= 2,200,000
Number of years= 20
Discount rate= 12%
Additional lump sum= 9,000,000
First, we need to calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {2,200,000*[(1.12^20) - 1]} / 0.12 + 9,000,000
FV= $167,515,373.4
Now, the present value:
PV= FV/(1+i)^n
PV= 167,515,373.4/1.12^20
PV= $17,365,776.86
