The future value of 875 six years from now is mathematically given as
F= 1.313.13
<h3>What is the
future value of 875 six years from now if the required rate of return is 7%?</h3>
Generally, the equation for Future Value is mathematically given as
Future Value = P * (1+r)^n
Therefore
F= 875 * (1+7%)^6
F= 875 * 1.50073035
F= 1.313.13
In conclusion, Future Value
F= 1.313.13
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Answer:
The volume and surface area of the cube is 125 cm³ and 150 cm² respectively.
Explanation:
The expression for the surface area of the cube :
A = 6s²
s is the side of the cube
The expression for the volume of the cube is :
V = s³
We need to find the volume and surface area of the cube.
For surface area : S = 6(5)² = 150 cm²
For volume : V = (5)³ = 125 cm³
Hence, the volume and surface area of the cube is 125 cm³ and 150 cm² respectively.
Answer:
Market Research.
Explanation:
The collection and analysis of information aimed at understanding the behavior of consumers is called market research.
Market research can be defined as a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of information pertaining to the customers of a business firm or organisation. The informations acquired through market research is then used by the executive management and sales department in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.
Answer:
A respond to customer
Explanation:
Responding to customers is a good customer care practice. As business competition increases, the need for excellent customer care increases. Offering quality and prompt services creates loyalty among the customers. A loyal customer is not likely to purchase from competitors.
When customers feel and believe they are offered excellent services, they will recommend the business to other customers. In due course, the business will have a circle of many loyal customers. Ignoring a customer or over-pricing of goods will make existing and potential customers look for alternatives.
