Answer:
APR 6.498%
Explanation:
We solve for rate using excel goal seek
we write on A1:
=PV(A2;60;2,250)
Now, on A2 wirite any number as a placeholder
Last we use goal seak tool to make the A1 value of 115,000 changin A2 (which is the rate)
C 2,250.00
time 60
rate 0.00541501
PV $115,000.0007
now, this rate will be monthly so we multiply by 12
0.00541501 x 12 = 0,06498012 = 6.498%
Answer:
In this scenario, Creswell Farms is in the idea generation stage of the new product development process.
Explanation:
Idea generation stage refers to the stage which involves the creation, development, and communication of the ideas. The process involves the construction of the idea and transforming the concepts into reality. The initiation of a project begins with the generation of the idea generation stage. In the above case, the suggestions are provided which would help the business of the product. Hence, this refers to the idea generation stage.
$15.00 .....this sentence is just filler because $15.00 is too short.
GDP include the value of final goods , to avoid double counting intermediate goods are not included in GDP
