Answer:
8.99%
Explanation:
For this question we use the PMT function that is presented on the excel spreadsheet. Kindly find it below:
Given that,
Present value = $975
Future value = $1,000
Rate of interest = 9.25% ÷ 2 = 4.625%
NPER = 25 years × 2 = 50 years
The formula is shown below:
= PMT(Rate,NPER,-PV,FV,type)
The present value come in negative
So, after solving this, the PMT is $44.96
Now the annual PMT is
= $44.96 × 2
= $89.92
So, the coupon interest rate is
= $89.92 ÷ $1,000
= 8.99%
Answer:
Hard Soft Plastic
San Francisco 3,600 7,800 12,000
Los Angeles 2,400 1,800 3,000
Explanation:
The sales during January were as follows:
Hard Soft Plastic
San Francisco 600 1,300 2,000
Los Angeles 400 300 500
If the sales during the next five months were actually the same, then to determine total sales all we have to do is multiply January's sales by 6.
600 x 6 = 3,600 1,300 x 6 = 7,800 2,000 x 6 = 12,000
400 x 6 = 2,400 300 x 6 = 1,800 500 x 6 = 3,000
The transition to middle, junior high, or high school generally involves a shift from a smaller neighbourhood elementary school to a school that more impersonal setting
Explanation:
For addition, the transfer involves a move to a bigger, impersonal environment from a smaller, elementary school community. The adjustment also comes with a reduction for grades and a fall in self-esteem.
But, in the last year (just to put a limit) and the secondary school.
The children turn on travellers who set sail from each island of their youth, playing games that were little more than sports, and not much more than spoken about their eventual doom or adaptation.
Answer:
it can return to an earlier stage through creative marketing.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.
However, once a good or service nears the end of its product life cycle i.e it's at the decline stage, the business firm recognizes that it can return to an earlier stage where it offers satisfaction to the consumers and generate revenue, through creative marketing.
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
