This page will help: http://www.grameen.com/data-and-report/balance-sheet-1983-2013-in-usd/
Answer:
i=7.2%
Explanation:
Giving the following information:
There is a rule of thumb which can be used as an approximation called the Rule of 72 to find interest or period, given the other quantity, and it is given as ni=72
We have $1 for 10 years. We will assume that it needs to duplicate in 10 years.
Years to double= 72/interest rate
10=72/i
i=72/10= 7.2
Control:
FV= 1*(1.072^10)= 2
Answer:
is the fact of taking care of the customer's needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer's requirements are met
Increase the amount of money each customer spends with your business. Increase how often a customer buys from you.
Answer:
the surplus would be $10 after this tax