Answer:
False
Explanation:
Groupthink is when a group of individuals reach a consensus without really weighing the matter, comsequences, or whether you can have other alternatives. Groupthink takes its cue from just desiring not to upset the balance of a group of people. This in no way does not describe the Motorola team that developed the Razr cell phone. They agreed on the objectives at hand and on the best approach to solve the problem.
Answer: $1942.89
Explanation:
Since the car will cost $120,000 and it will be financed with a 84 month contract having a nominal rate of 9.20%, then the monthly payment will be:
= PMT(9.2%/12, 84, -120000)
This will be slotted into the Excel calculator and the answer gotten will be $1942.89
Therefore, the monthly payment will be $1942.89.
Answer:
The middle class created a high and sustained demand for consumer goods
Explanation:
Before the advent of the industrial revolution, the social stratification of society is such that either you are in the lower class of the poor or you are part of the rich in the upper class. The industrial revolution of late 18th and early 19th centuries saw the springing up from the lower class a new set of wealthy and educated individuals which were later termed the middle class
This reach men and women are able to buy goods needed to satisfy their newly found social status which boost demand for new and quality goods produced as a result of industrial revolution.
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A mutual funds is the instrument that may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 days.
<h3>What is purchased on margin?</h3>
This generally involves the act of getting a loan from your brokerage and then, using the money from such loan to invest in more securities than you can buy with your available cash.
Through the method, an investors can amplify their returns if their investments outperform the cost of the loan itself.
In conclusion, the mutual funds can be purchased on margin. However, it may be used as collateral for a margin loan after being held for 30 days.
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