Answer:
Determine the total interest cost under each plan.
Plan 1 220320
Plan 2 224280
Explanation:
FIRST
F = P ( 1 + i * n )
F=720000(1+10,20%*3) 940320
F=940320
Interest=940320-720000 220320
Interest 1= 220320
SECOND
F = P ( 1 + i * n )
Interest 2
F=720000(1+8,5%*1) 781200 720000 61200
F=720000(1+12,9%*1) 812880 720000 92880
F=720000(1+9,75%*1) 790200 720000 70200
224280
The sale or transfer of goods ordinarily held for sale in course of business is governed by the Uniform Commercial Code.
Whilst a shop lowers its charges via a sale, though, customers are more willing to buy due to the fact they recognize they're now not set as a whole lot of money on the line. extra often than not, customers who like the stuff they buy on sale will turn out to be coming lower back to shop for it once more, despite the fact that it's not priced at a reduction.
The important thing for a retailer is the gross income margin: the percentage of revenue left over from the sale of a product after subtracting the fee of that product – which includes the production, transport, packaging, and different work that goes into it.
A clearance is a unique sort of sale that could appeal to extra customers than traditional sales. this is due to the shop seeking to take away positive items for one cause or any other. the store is probably going out of business, the objects are going out of season, or there is not sufficient room in the shop for new gadgets.
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Answer:
b. The standardization and grading function
Explanation:
Based on the information provided within the question it can be said that the function of marketing that does this is the standardization and grading function. This helps the customers with buying and selling of goods by sample or description. In other words by sorting them by a specific size and quality so that customers already understand what it is and do not have to bother with a detailed assessment.