To estimate the amount of money needed so you don't run out.
The current value of the payment which is $1000 will be:
A=P(1+r/100)^-n
P=1000
r=5 %
n=1
A=1000(1+5/100)^-1
A=1000/1.05
A=$952.38
The first payments of $1000 is worth $952.38 today. The value of the second $1000 is worth:
A=1000(1+0.05)^-2=907.02
today
The item which is an example of data collected from market research is insights into potential customers.
Market research is the process of gathering information about your target market and the knowing current state of your industry. Thus, it is the research conducted directly with potential customers.
Interviews are considered to be a common type of primary market research that can be either in-depth or as simple as asking a question. For instance, in an interview in market research is conducted when a business calls a current customer to ask how they are enjoying a product they recently purchased.
Hence, the data collected from market research is insights into potential customers.
To learn more about market research here:
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the answer to this question is 4.70%
Answer:
D. Increase; increase
Explanation:
Exchange rate is defined as the amount of one currency that can be exchanged for another currency at a particular time.
Demand and supply affects exchange rates of currencies.
Currencies that are in more demand tend to have higher exchange rates, while those with low demand will have low exchange rate.
In this instance an increase in preference for US goods will cause an increased demand for dollars. The dollar becomes stronger against the Peso.
It will take more pesos to purchase the dollar, so equillibrum exchange rate of peso to dollar will increase.