Pay , work hope this helped you have a good day
Answer:
5.4 years
Explanation:
Future value is the value of the calculated by compounding a specific present value using a specific discount rate
Payment = $1,500
Rate = 9.56%
Future value = $10,000
We will use the following formula to calculate the numbers of years.
Future Value = Payment x [ ( 1 + r)^n - 1 / r ]
$10,000 = $1,500 x [ ( 1 + 9.56%)^n - 1 / 9.56%
$10,000 x 9.56% / 1,500 = ( 1 + 9.56%)^n - 1
0.6373 +1 = 1.0956^n
1.6373 = 1.0956^n
Log 1.6373 = n log 1.0956
n = log 1.0956 / Log 1.6373
n = 5.4 years
Answer:
process that seeks to improve the performance of primary and support processes.
Explanation:
Development process is defined as a seeks improvement of primary and support activities by using strategy, organisation, marketing, conceptualisation, plan creation, evaluation, and commercialisation of a product or process.
Development process is used by firma to convert viable ideas to profitable products.
Innovative ideas are generated by the companie's team, and through critical evaluation the best and most commercially viable option is chosen for further product development.
This is a cycle that is continous and gives the innovative company a competitive edge.
I think u would add it like u would add anything else mabey