So in this case, you would need to find the present value (PV) of the monthly payments. With the information given, you would have a PV= 195,413.08, which is less than the lump sum payment. In this case, you would take the 1 time payment.
Another way to look at this is to calculate the future value (FV) of both payouts. For the lump sum payment, you would assume the same interest rate (6%) and at the end of the same 20 years period, your investment would be worth 662,040.90 while the monthly payment option would be worth 646,857.25
Answer: Advocate
Explanation: In simple words, advocate level is the topmost stage in the loyalty ladder. In this stage, the customer gets used to for the brand and along with repurchasing it he or she also works as a promotional toll for the brand.
In the given case, Maria has been repurchasing the products from the firm and is also praising the brand online. Hence we can conclude that she is on the advocate rung.
By definition, government expenditure refers to the money
used in the acquisition of goods and services for current use. In this case,
the government expenditure is simply equivalent to investment.
<span>Government
expenditure = </span>$400 billion
From economics: I=S+T–G+M–X
Where
I = Investment
S = Savings
T= Tax revenues
G =Government budget
M = Import
X = Export
Rearraging to get G:
G = S – I + T + M – X
G = $400 billion - $400
billion + $500 billion + $200 billion - $300 billion
<span>G = Government budget = $400 billion</span>
The time that she spend with the yardise and do what she have to when she started the degree