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3 years ago

What is a niche market?

Business

2 answers:

Naddika [18.5K]3 years ago

7 0

When a market focuses on one thing

valina [46]3 years ago

5 0

A niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.

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Taylor has a retirement account that pays 4% per year compounded monthly. Every month for 20 years, Taylor deposits $444, with t

cupoosta [38]

Answer:

Taylor can withdrawn 1,374.20 dollars each month

Explanation:

Timeline:

deposits of 444 for 20 years = withdrawals of X for 15 years

<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->

We must calcualte amount to satisfy:

future value of his deposits = present value of his withdrawals

We first need to get the future value of the retirement account

and then the PMT this fund can do.

<u>deposits future value:</u>

$C \times \frac{(1+r)^{time} -1}{rate} = FV\\$

C $ 444

time 240 (20 years x 12 months er year)

rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)

$444 \times \frac{(1+0.003333333)^{240} -1}{0.003333333} = FV\\$

FV $162,847.9340

<u>withdrawals PMT:</u>

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $162,847.93

time 180

rate 0.005

$162847.93 \div \frac{1-(1+0.005)^{-180} }{0.005} = C\\$

C $ 1,374.203

6 0

3 years ago

A department manager recently launched a new initiative so the members of her department can more easily present innovative idea

maw [93]

Answer:

all r true

both

hope I helped

5 0

3 years ago

A central bank acts as a lender of last resort especially in times of financial crisis. What is the purpose of this function

mr_godi [17]

Answer:

The purpose of the function is to lend the people indeed.

Explanation:

a central bank help to keep our money and give a loan

7 0

3 years ago

while shopping grey spend 90% of the money she had if she has $4,500 on shopping what was amount of money spent

goldenfox [79]

Answer:

$4,050

Explanation:

Grey has $4,500 for shopping.

She spent 90% while on shopping.

The amount spent = 90/100 x $4500

=0.9 x $4,500

=$4,050

7 0

3 years ago

The interest paid on a municipal bond, otherwise known as a muni, is generally exempt from federal income taxes. therefore, the

Ratling [72]

That statement is true
A corporate Bond is way more senstive to the condition of the market which will affect the volatility of its value. Since government could technically produce their money from the federal reserve, the municipal bond is technically will always be paid (by risking inflation)

4 0

4 years ago