Answer:
$4,697.04
Explanation:
In simple words , this question requires us to find the Future Value in 5 years time. We compound the Present Value using the effective interest rate to determine the Future Value of an investment.
<em>PV = $3,000.00</em>
<em>P/YR = 12</em>
<em>N = 5 x 12 = 60</em>
<em>I = 9 %</em>
<em>PMT = $0</em>
<em>FV = ?</em>
Using a Financial calculator to enter the parameters as above the Future Value (FV) is $4,697.04
therefore,
In 5 years time, you will have $4,697.04.
Answer:
The correct answer is letter "A", "B", "C", and "D".
Explanation:
Direct response messaging aims to provide customers with a clear response to a claim or concern they have. First, the letter is replied with the same subject of the previous correspondence to demonstrate the case is being followed. Then, all <em>relevant information is provided at the beginning </em>of the letter. The <em>questions or doubts of the customer must be answered in the order asked</em>. If necessary, <em>graphics can be used to help customers understand easier</em>. Finally, <em>the letter must have a forward-looking statement in the closing</em> showing willingness to provide further help if needed.
Answer:
$15 trillions
Explanation:
The computation of the GDP is shown below:
GDP = Consumption + Investment + Government purchase + Net exports
where,
Consumption = $10 trillions
Investment = $2.5 trillions
Government purchase = $3 trillions
Net exports = Exports - imports
= $1 trillion - $1.5 trillion
= -$0.5 trillion
So, the GDP would be
= $10 trillions + $2.5 trillions + $3 trillions - $0.5 trillions
= $15 trillions
= 13.5 trillions
Answer:
I have chosen Apple Inc.
Explanation:
Apple Inc is a tech giant and manufactures innovative and most differentiated telecommunication products, music products, computer products, application services, etc which is highly valued among its customers. That's the reason why Apple is one of the most highly valued company in the world with almost $137 billion cash balance. This cash balance has been increased by $20 billion in the last three years which shows its higher profitability and that its inventory is highly liquid asset because it is quickly converted into cash. Furthermore, the greater demand of product and customer loyalty has strengthen its position all because of unmatched innovation introduced in each of its product every year. The greater cash balance shows that the company has greater sales and has higher profit margin on its unmatched product.
The picture of Apple headquarter and of its logo are given below:
A. The purchased taxi cabs.
The gov. Uses it as capital investment since it is a mode of public transportation. The answer could also be c so people can drive it (with proper training) so other people can use it.
