If real GDP was 2630 and grew annually at 3%, The value of real GDP ten years later is going to be $67670
<h3>How to solve for real GDP </h3>
We have to start by starting the formula A = P(1+r)^n
We have P = principal = 2620
We have r as the rate of interest = 3% = 0.03
We have the number of years n = 110
We have to put these values in the formula we have
A= 2620(1+0.03)^110
= 67669.9
This is approximated to be
= 67670
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We may begin to develop material that speaks to the requirements of our audience if we are aware of their underlying motives and potential obstacles.
<h3>
Why do you need to know what your audience on their path-to-purchase?</h3>
Many manufacturers examine patron pride as a mirrored image of ways efficiently the enterprise is assembly patron expectations.
However, not withstanding the perception it could offer into the effect a commercial enterprise is making, patron pride by myself fails to offer perception into the fulfillment of a company’s patron enjoy strategy. For example, a patron might be particularly glad however absolutely unmotivated to make extra purchases or propose the logo to others.
When you integrate patron pride with a broader strategy, to leverage emotional connection, you’re capable of compare how probable clients are to buy greater, propose greater, and continue to be dependable over time.
Our today's studies has determined that the clients of these days need manufacturers to construct an emotional reference to them and exhibit an know-how of ways they feel. More than 60% of clients need groups to care greater approximately them and say that they might purchase greater as a result.
Customer pride is a miles less complicated metric to degree than emotion. As defined in our manual to taking pictures patron emotion, even if clients try to describe how they feel, they won't completely recognize their very own subconscious emotional responses and be capable of as it should be describe their enjoy. As a result, groups ought to leverage an omnichannel analytics platform to investigate the emotional connection a patron has together along with your commercial enterprise primarily based totally on records from throughout sources.
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Answer:
FREE TRADE AREA
Explanation:
It is a form of Economic Union in which : Economies agree to increase their economic integration - by reducing or eliminating trade (goods & services) barriers & investment (capital flow) barriers among them.
This free trade within the area benefits economy : by increased competitive efficiency, economies of scale, more choice at lower prices for consumers etc.
Example : North America Free Trade Area NAFTA is an FTA agreement between USA, Mexico, Canada.
2 purchase land for 19000. A note payable is signed for the full amount
Option a - $ 1000000 in one instalment
Option b - $100000 to be paid annually during 15 years, starting with one instalment at the year 2000
Interest rate = 10%
Which option would a savvy financial investor prefer
PV of Option a = 1000000 * 1 = $ 1000000
PV of option b = 100000 * PVIFA(10%,15)
PV of option b = 100000 * 7.6060795 = $ 760608
The PV of option a is higher, hence prefer the option a
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