Answer:
$591.60
Explanation:
The computation of the future value after two years is shown below:
Future value = Present value × (1 + rate)^number of years
where,
Present value = $500
Rate = 8.5% ÷ 4 = 2.125%
Number of years = 2 year × 4 = 8 years
So, the future value after two years is
= $500 × (1 + 2.125%)^8
= $500 × 1.1831956282
= $591.60
Answer:
a global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols.
Explanation:
Answer: To increase sale by 10%, the seller must lower the price of the good by 12.5%.
Explanation: Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price. Since, demand and price for a normal good are negatively related to each other, price elasticity is also negative. It can be calculated using,
Therefore, to increase sale by 10%, the seller must lower the price of the good by 12.5%.
Answer:
The right choice is Option c (110.0%).
Explanation:
⇒
On estimating the values, we get
⇒ =
⇒ =
Note: percent = %
Its primary market is a(n) business market, but it also sells to a(n) consume market.
<h3>
What are Primary Markets?</h3>
The primary market is where debt-based, equity-based, or other asset-based securities are created, written, and sold off to investors. It is a part of the capital market where new securities are created and are directly purchased by the investors from the issuer.
The key function of the primary market is to facilitate capital growth by enabling individuals to convert savings into investments. It facilitates companies to issue new stocks to raise money directly from households for business expansion or to meet financial obligations.
I understand that the question you are looking for is :
Cube Company sells small refrigerators. It usually sells these refrigerators to hotels and offices. However, sometimes its customers choose to buy their refrigerators because they do not have a lot of room for a full-size refrigerator in their houses and apartments. Its primary market is a(n) _____________ market, but it also sells to a(n) _____________ market.
Select one:
a. business; consumer
b. business; demographic
c. business; industrial
d. consumer; business
e. industrial; target
Learn more about Primary Markets on:
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