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Strike441 [17]
3 years ago
9

can purchase a service contract for all of her major appliances for $180 a year. If the appliances are expected to last for 10 y

ears and she earns 5 percent on her savings, what would be the future value of the amount Krista will pay for the service contract? Use
Business
1 answer:
Ghella [55]3 years ago
3 0

Answer:

$2,264.04

Explanation:

To find future value we use the formula:

Future Value = Annual payment × Future value annuity factor

Therefore,

FV = P * [((1+r)^n - 1) / r]

Where P = Principal amount = $180

r = rate = 5% == 0.05

n = 10 years

= 180 *[((1+0.05)^1^0) / 0.05]

= $180 * 12.578

= $2,264.04

Therefore the Future Value is $2,264.04

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Answer:

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Explanation:

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3 years ago
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Inessa05 [86]
I believe the answer is B
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Write 2-3 short paragraphs about the marketing message you will use and why you chose this message. Why does it appeal to your t
pochemuha

Explanation:

A marketing message that is highly regarded in today's world, is one that manages to demonstrate business values in the form of procedures, products and services that contain added value in addition to the purely profitable.

As an example that would write a marketing message about a new clothing brand, it would include information that demonstrates that the manufacturing process and raw materials used in making the clothing is sustainable and has a low impact on the environment.

This is a strategy that increases the perception of stakeholders in relation to products, a brand that actually has parameters of sustainability in its processes can demonstrate them through its marketing messages to create value and greater reliability in the brand, being a great differential for consumers.

3 0
3 years ago
Assume that the yen/dollar exchange rate quoted in London at 3:00 p.m. is ×120 = $1, and the New York yen/dollar exchange rate a
Viefleur [7K]

Answer:

This question lacks answers

A. currency swap.

B. arbitrage.

C. backwardation.

D. straddle.

<u>The answer is </u><u>b.</u>

Explanation:

Arbitrage is a common practice used to gain profits from inefficient markets. Since most financial markets are inefficient by nature, dealers and similar business entities that have an interest in this kind of business practice.

The profit in arbitrage is based on the <u>imbalance in the two prices</u> on each market respectively. The term is mainly used for financial markets and various financial instruments (securities, bonds, currencies).

In the example above, the dealer becomes an arbitrageur by making a profit from the difference in the yen/dollar exchange rate in two markets (NY and London.)

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Answer:

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4 years ago
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