Answer:
6.06%
Explanation:
The computation of the rate of return is shown below:
Given that
NPER = 20 years
PV = ($280,000 - $80,000) = $200,000
PMT = $0
FV = $75,000 × PVIFA factor at 10% for 21 years
= $75,000 × 8.6487
= $648,652.50
The following formula should be applied
= RATE(NPER;PMT;-PV;FV;TYPE)
The present value comes in negative
After applying the above formula, the rate of return is 6.06%
Answer:
Market Attribute – Introduction stage - Low sales
Market Attribute – Growth stage - Opportunities increase
Market Attribute – Maturity stage - Intense competition
Market Attribute – Decline stage - Niche segment
Consumer Types – Introduction stage - Sylvie
Consumer Types – Maturity stage - Winnie
Consumer Types – Decline stage - Francine
Answer:
I would go ahead and avail this opportunity. Although it is a wide spread phenomenon that one should only acquire a degree in a field which is at a boom and is possibly going to be successful in the future. But times keep changing. Fields and phenomenon which did not have a chance in the past have now become most successful with unfulfilled potential.
On the other hand, acquiring college education is a luxury. 4 years without paying for it is a chance that nobody should miss. You can come up with creative ideas to make that degree work. Besides, people do not actually get the jobs according to their degrees. So there is a possibility that I would land a job.
Answer:
Selective retention.
Explanation:
Selective retention occurs when a person more easily remembers things that are closer to their beliefs, values, and Interests than things that are not.
Luis does not want to do his shopping at big box stores but prefers to shop locally. So when he reads about one of the big box stores (which is not his preference) is doing a big sale next week, he does not remember it because it is not consistent with what he wants. This is an example of selective retention.
Answer:
Circular flow diagram.
Explanation:
The circular flow diagram simplifies the interaction of two groups, firms and households, and allows us to make predictions about economic behavior.
The firm sells their goods and services in the market while the household buys these goods and services.
Hence, the circular flow diagram represents the interaction between the household and firms with respect to the market.
