Processing the message and providing some type of feedback is a(an)

VladimirAG [237]

<span>The definition of marketing mix is the tactics employed by a company for promoting its product or brand in the market for moving ahead of its competitors. A mix of 4 P’s actually completes the marketing mix. Now the question that might cross your mind instantly is what are the 4 P’s? The first P is Price, the second P is the Product, third P signifies Promotion and the last but not the least important P or the fourth P is the Place.</span>

7 0

3 years ago

You decide to put $2,000 in a savings account to save for a $3,000 down payment on a new car. If the account has an interest rat

Rashid [163]

The correct statement is that it will take 10.155 years to accumulate $3000 on an initial investment of $2000 for the down payment of the car. Future value will be calculated for this purpose. The correct option is C.

The computation will be done by calculating the future value by the way of applying the given information to the formula of calculation of future value of the deposit. We are using an optional method for this calculation.

<h3>Calculation of future value </h3>

The future value of an annuity deposit can be calculated by using the formula given below and applying the values given to us in the information regarding the deposit,

$\rm Future\ Value\ of\ Annuity= 2000(1+ \dfrac{0.04}{12})^1^2 ^x^1^0^.^1^5^5\\\\\rm Future\ Value\ of\ Annuity=\$2999.58$

So, it can be concluded that it will take about 10 years for the amount to become $3000 at the rate of 4 percent.

Hence, the correct option using the substitution method of future value is C that it will take 10.155 years for the amount to become $3000 over an annual interest rate of 4 percent compounded monthly.

Learn more about future value here:

brainly.com/question/1759639

5 0

3 years ago

What is the relationship between the National Response Framework and the National Incident Management System (NIMS)? A. The Nati

elena-s [515]

D. The response protocols and structures described in the National Response Framework align with the NIMS, and all NIMS components support response. This looks like the best option as the two are interelated.

5 0

3 years ago

Read 2 more answers

If a company paid $38,000 of its accounts payable in cash, what was the effect on the accounting equation? Multiple Choice Asset

Tom [10]

Answer:

Assets increase by $75,000 and liabilities increase by $75,000.

Explanation:

6 0

2 years ago

Prepare supply club's journal entry to record july and august sales. during august, customers redeem loyalty points on $60,000 o

mel-nik [20]