Based on the amount that she invests monthly, the interest rate, and the targeted retirement amount, the number of payments would be 42 payments.
<h3>How many payments should the young professional make?</h3>
The number of payments will be the same as the number of months/ periods because that is the frequency of payment.
The number of payments can therefore be found by the NPER formula on a Spreadsheet:
Rate = 11.5%
Pmt = -900
PV = Empty
FV = 730,000
Number of payments is:
= 41.76
= 42 payments.
Find out more on number of periods of payments at brainly.com/question/6819835.
A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.
What is Socioeconomic Status?
A person's socioeconomic status is a combined economic and sociological assessment of their level of education, employment history, access to resources, and standing in society.
Therefore,
A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.
To learn more about socioeconomic status from the given link:
brainly.com/question/8625928
Answer:
The correct option is A, market segmentation
Explanation:
Market segmentation is the process of dividing customer base into distinct groups based on age,income,level of education,personality,perception and so on.
The purpose of segmenting the markets is for the organization to satisfy the needs of these different groups based on their unique characteristics and to able to sell to them goods that best match their status.
The scenario here is that Gap Inc,has successfully been able to discover the right set of people that its casuals best match.