Answer:
Second National Bank
Present value (PV) = $5,400
Future value (FV) = $13,900
Interest rate (r) = 10% = 0.10
FV = PV(1 + r)n
$13,900 = $5,400(1 + 0.10)n
<u>$13,900</u> = (1.10)n
$5,400
2.574074074 = (1.10)n
Log 2.574074074 = n log 1.10
<u>Log 2.574074074</u> = n
Log 1.10
n = 9.9 years
None of the answers is correct
Explanation:
In this case, we will apply the formula of future value of a lump sum. The present value, interest rate and future value were provided with the exception of number of years. Thus, the number of years becomes the subject of the formula. The future value equals present value, multiplied by 1 plus interest rate, raised to power number of years.
Answer:
the answer is C. auction off a limited number of sheep-grazing permits.
Explanation:
Stanley Plog was the researcher who identified 3 types of travelers
Answer:
false
Explanation:
a differentiator will always benefit when products have become commoditized
The correct one would be soliciting. I have a job and I just grab my business cards and hand them out to people. You could use cards ,HUGE signs, and even open meetings with free food. I love those.. P:
I hope this helped! :D
