Answer:
Real interest rate= 0.06 = 6%
Explanation:
Giving the following information:
Nominal interest rate= 10%
Inflation rate= 4%
The real interest rate is the result of deducting from the nominal interest rate the inflation rate. I<u>nflation has the opposite effect than the interest rate on the value of money through time.</u>
Real interest rate= nominal interest rate - inflation rate
Real interest rate= 0.10 - 0.04
Real interest rate= 0.06
Answer:
The correct answer is (C)
Explanation:
In today's competitive environment firms and organisations are producing similar goods and services and offering them to the customers at almost the same prices. This has resulted in low market share due to no barriers to entry. The only aspect which can help companies to grow market share is to improve the quality of goods and services. Quality of goods and services is the only thing now consumers want.
Answer:
$14,882.44.
Explanation:
Given
Future value= $1,200,00
Time= 27 years
Interest rate= 7.5%
let PV= present value
The question is solved by computing the amount of annual deposit.
Enter the below in a financial calculator to compute the amount of annual deposit:
FV= 1,200,000
N= 27
I/Y= 7.5
PV= FV÷(1+I)^N
putting values we get
PV= $1,185,117.56
Now Benefit = FV- PV= 1,200,000-1,185,117.85= $14,882.44.
Therefore, the amount of annual deposit is $14,882.44.
<span>Universal Life Policy
This policy allows you to adjust your annual payments based on your capability (although is has a minimum limit requirement) and sometimes allows you to borrow money based on the accumulated value in the policy itself.
</span><span>Universal Life Policy usually has higher profit rates than whole-life policy.</span>
Answer:
D) fulfilled his ethical obligations as a salesperson because he followed company policy concerning unsafe products.
Explanation:
Robert did the right thing, he reported a possible error that could have harmed other people and eventually could have been a major legal cost for the company.
The company's policy about anyone being able to complain about possible errors is very good, even if it was unnecessary in this case. It can help prevent other potential problems.