Answer:
I would choose to invest in C-T bank since it offers $7.3675 more compared to Bank Wan
Explanation:
The two options can be expressed as shown;
Option 1: Bank Wan
A=P(1+r/n)^nt
where;
A=Total amount after a given time
P=Initial deposit
r-Annual interest rate
n=number of times the interest is compounded annually
t=number of years of the investment
In our case;
P=$1,500
r=2.5%=2.5/100=0.025
n=365 days
t=1 year
Replacing;
A=1,500(1+0.025/365)^(365×1)
A=1,500(1.02530
A=1,537.97
Total amount after a year=$1,537.97 for Bank Wan
Option 2: C-T Bank
P=$1,500
r=3%=3/100=0.03
n=2
t=1
Replacing;
A=1,500(1+0.03/2)^(2×1)
A=1,500(1.015)^2
A=1,545.3375
Total amount after a year=$1,545.3375 for C-T Bank
Total amount received to be received from C-T Bank-Total amount to be received from Bank Wan
=(1,545.3375-1,537.97)=$7.3675
I would choose to invest in C-T bank since it offers $7.3675 more compared to Bank Wan
Answer:A
Explanation: didn’t grow significantly (.1-1%) having low interest rates are not an advantage and long term is not for monthly expenses
Answer:A. True
Explanation: It is true, that the methodologies necessary to analyze data from social media websites, the Internet of Things (IoT) and new kinds of syndicated data have the potential to provide valuable insights. Another thing is that they are not easy to develop and learn, it is difficult.
This analysis are done to be aware of the new challenges in the marketing research industry.
Answer:
A. a document that provides evidence of credit purchases
Explanation:
Purchase invoice refers to a document issued by the seller to the buyer confirming purchase of goods.
A typical purchase invoice would include the description of products ordered, the quantity, the rate and discount applicable and net amount owed by the purchaser to the seller.
Thus, such a document serves as an evidence of purchases made and the amount owed by the buyer to the seller.
