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Alik [6]
3 years ago
13

The financial planning life cycle divides an individual's life into three stages. In stage 2, the focus of individual financial

planning turns to the process of _____.
Business
1 answer:
Sav [38]3 years ago
8 0

Answer:process of preserving and increasing the wealth

Explanation:The Financial Planning Life Cycle

Financial planning cycle outlines to us how one goes about starting to build wealthy,through their lifetime and how are they able to actual preserver what the have accumulated while they keep accumulating more.

It comprises of the following stages the first one being the starting point where one is focused on building wealthy. Second focusing on how one aims at preserving and increasing what they have already accumulated and third stage focuses on how one continues to live and grow from what they have saved.

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Gerritt wants to buy a car that costs $30,750. The interest rate on his loan is 5.65 percent compounded monthly and the loan is
svet-max [94.6K]

Answer:

$444.07

Explanation:

EMI = [P * I * (1+I)^N]/[(1+I)^N-1]

P =loan amount or Principal = 30750

I = Interest rate per month = .0565/12

N = the number of installments = 7*12 = 84

EMI = [30750*.0565/12* (1+(.0565/12))^84]/[(.0565/12))^84-1]

EMI = [30,750 * 0.0565  / 12 * 1.48374877204] / [1.48374877204 - 1]

EMI = 214.819001902 / 0.48374877204

EMI = $444.07

7 0
3 years ago
KFC has added many offerings to its menus in China to appeal to local tastes, including the "Dragon Twister," which is a chicken
andrew-mc [135]

Answer:

D. Product Invention

Explanation:

            KFC added many items in the menu list when they opened their restaurants at China. By doing this KFC  tries to incorporate the local cuisine of Chinese foods into their menu.

            In China, KFC invented a new dish and named it the "Dragon Twister". In this dish, it contains a chicken wrap with Peking duck sauce on it. It highly resembles the local food of China.

           Thus KFC tries to promote and do marketing of its product in China by inventing new dishes which is similar to the local Chinese food and adding it to the menu list of KFC.

             By this, Chinese people will be attracted towards KFC and will come to try their newly invented "Dragon Twister".

Thus, the answer is D. Product Invention.

6 0
3 years ago
A music venue offers all of its customers a 40 percent discount on concert tickets for regional bands. It also offers an additio
12345 [234]

Answer:

2 tickets

Explanation:

the cost of membership is $25.

Cost of a ticket is $25

All cost get a 40 % dicsount

membersships earns a further 10% discount

total discount ofr membership eqauls 50%( 40+10)

There fore a member pays $ 12.5 { (50/100) $ 25) } for ticket

To get back cost of membership which is $25, a member need to buy 2 tricke { $25/12.5}

8 0
3 years ago
How to calculate the adjusted gross income<br>​
DedPeter [7]

Answer:

Explanation:

Start with your gross income. Income is on lines 7-22 of Form 1040.

Add these together to arrive at your total income.

Subtract your adjustments from your total income (also called “above-the-line deductions”)

You have your AGI.

6 0
3 years ago
What is the term used to describe product attributes that attract certain customers and can be used to form the competitive posi
Nikitich [7]

Answer:

What is the term used to describe product attributes that attract certain customers and can be used to form the competitive position of a firm?

Competitive dimensions.

Explanation:

In the business world, there are companies that sell products that are used for the same things. The companies in this types of environments are in competition with each other since they are all fighting over the same resource which is market share. A bigger market share usually translates to more customers and more sales. Bigger sales reflects to a bigger profit margin. For a company to have a bigger market share, there are a number of things that they can do to form the competitive position of their firm. They can do this by using product attributes that attract certain customers, a situation termed competitive dimensions.

The following competitive dimensions can be considered, namely;

1. Quality: companies can focus on the quality of their product by improving the quality of the features above the competition. In this way some customers might consider opting for that product because of its perceived quality. The major features of quality are: reliability, performance, serviceability and value for money.

2. Time: the following form the major components of time, namely; delivery time, manufacturing lead-time and frequency of delivery.

3. Price and cost: these include selling price and the service costs.

3 0
3 years ago
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