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Bingel [31]
3 years ago
13

A local finance company quotes an interest rate of 17 percent on one-year loans. So, if you borrow $34,000, the interest for the

year will be $5,780. Because you must repay a total of $39,780 in one year, the finance company requires you to pay $39,780/12, or $3,315.00, per month over the next 12 months.
Business
1 answer:
Serga [27]3 years ago
6 0

Answer:

Company quotes an interest rate 17 percent on one-year loans.

Explanation:

Borrow value=$34000

interest rate of company in one year=17 percent

Total interest in a year =$34000×\frac{17}{100}

total interest=$5780

Total payment in one year=$34000+$5780

Total payment=$39780

You will pay $39780/12 or $3315.00/month according to company statement.

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3 years ago
While implementing an affirmative action plan, an employer is expected to do all of the following except:establish objectives th
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Answer:

set quotas for the underrepresented groups, and ensure they are met even if it is necessary to hire a less qualified candidate.

Explanation:

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I. Establish objectives that can be met by applying good faith efforts.

II. Make all employment decisions in a nondiscriminatory manner.

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8 0
3 years ago
After evaluating identified segments, decisions have to be made whether to pursue a particular opportunity or not. Assuming the
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Answer:

Target marketing strategies is made in order to separate customers into several groups based on similar characteristics. After the separation, we will create a marketing strategy that can appeal to a specific group.

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During this step, we need to find a characteristics that we want to use to divide the customers. (such as age, gender,  health status, etc)

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During this step , we need to determine which characteristics we want to use as a target depending on the resources that we have on our disposal.

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4 0
3 years ago
Marketers segment markets to achieve which of the following objectives?
Zolol [24]
<h2><em><u>Question:</u></em></h2>

<em>→</em><em>Marketers segment markets to achieve which of the following objectives?</em>

<h2><u><em>Choices</em><em>:</em></u></h2>

<em>a. To create an offer that best fits the desires of the groups that exist in the </em><em>market.</em>

<em>b. To identify the most appropriate media for advertising,</em>

<em>C. To better understand their target segments.</em>

<h2><em><u>Answer:</u></em></h2>

  • <em>a. To create an offer that best fits the desires of the groups that exist in the </em><em>market.</em>
<h2><em><u>Explanation:</u></em></h2>

<em>→</em><em>marketing efficiency by directing effort specifically toward the designated segment in a manner consistent with that segment's characteristics.</em>

<em>#</em><em>B</em><em>r</em><em>a</em><em>i</em><em>n</em><em>l</em><em>i</em><em>e</em><em>s</em><em>t</em><em>B</em><em>u</em><em>n</em><em>c</em><em>h</em>

3 0
3 years ago
If Good C increases in price by 50 % a pound, and this causes the quantity demanded for Good D to increase by 60 % , what is the
sergiy2304 [10]

Answer:

1.2

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good D to changes in price of good C.

Cross price elasticity = percentage change in quantity demanded of good D / percentage change in price of good C = 60% / 50% = 1.2

I hope my answer helps you

3 0
3 years ago
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