Answer:
The correct answer is C.
Explanation:
Giving the following information:
The down payment of $5,000 and financed the balance. According to the purchase agreement, you must pay $600/month for four years, beginning one month from today. The credit agreement is based on an annual interest rate of 12%.
First, we need to calculate the final value of the monthly payment.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit= 600
i= 0.12/12= 0.01
n= 12*4= 48
FV= {600*[(1.01^48)-1]}/0.01= 36,733.56
Now, we calculate the present value:
PV= FV/ (1+i)^n= 36,733.56/ (1.01^48)= 22,784
Total cost= 22,784 + 5,000= $27,784
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
Sales promotions
Explanation:
Sales promotions are the planned activities that a business takes to stimulate demand and increase sales. In sales promotions, the company applies attractive short-term methods to persuade customers to buy products. Sales promotions mostly target consumers. Businesses may also initiate sales promotion aiming at encouraging traders to sell more.
Techniques used in sales promotion include discount vouchers, money-off-coupons, free samples, and competitions. Wisconsin Cheddar is conducting a sales promotion. The displays, free samples, and discount coupons are meant to encourage customers to buy. Sales promotions are useful in introducing new products in the markets. They help push-up sales volumes, although it could be temporarily.
Where marginal cost equals marginal effort.
Marginal cost is the additional cost for producing each additional unit, and marginal effort is the additional work per unit
Answer: M2
Explanation: M2 is the most commonly quoted monetary aggregate as it includes all the component of M1 plus assets that are not directly accepted as a means of payment.
This monetary aggregate includes small denomination time deposits, shares in mutual funds and other money market securities. Thus, it is also called broad money.
