Answer: True
Explanation:
Something that has caught the attention of many has been how electronic money has been used in countries like Kenya and Somalia. A study has confirmed that the use of mobile money has reduced poverty in places like Kenya. Mobile money is defined as money where people can make financial transactions through their phones.
This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.
Explanation:
On April 27, a blast of light from a dying star in a distant galaxy became the focus of astronomers around the world. The explosion, known as a gamma-ray burst and designated GRB 130427A, tops the charts as one of the brightest ever seen.
Answer:
Option 1 is more convenient.
Explanation:
Giving the following information:
The annual salary is $100,000. You are offered two options for a severance package. Option 1 pays you 6 months' salary now. Option 2 pays you and your heirs $6,000 per year forever
The present value of option 1 is:
PV= 6*100,000= $600,000
To calculate the present value of option 2 we need to use the present value formula of a perpetual annuity:
PV= Cash flow/i
PV= 6,000/0.11= $54,545
There is no doubt that option 1 is better.
Answer:
0.25
Explanation:
Given the following outcomes,
- Outcome 1: probability (P) = 0.25, return (R) = 0.10
- Outcome 2: P = 0.50, R = 0.25
- Outcome 3: P = 0.25, R = 0.40
The expected return on the investment
= 
= (0.25 * 0.10) + (0.50 * 0.25) + (0.25 * 0.40)
= 0.025 +0.125 + 0.100
Expected return = 0.25.
Answer:
Consumer Insights
Explanation:
After reviewing the existing data on seasonal spending by his company's customers, Lucas decided that he needed to collect new information to address his particular research questions. Lucas will need <u>Consumer Insights</u> data to address the questions in his marketing research study.
<u>Consumer insights research does more than tell you about who your customers are and what they do.</u> It reveals why customers behave in certain ways and helps you leverage that to meet your business goals.
This type of market research can help Lucas<u> anticipate consumer needs, spark innovation, personalize your marketing, solve business challenges, and more.</u>
