Answer:
After 44year at interest rate of 6%
You will have $12,985.5 in your account
Explanation
Step one
Applying the compound interest formula we have A = P (1 + r/n)^nt
A = Final amount
r= nominal annual interest rate in percentage terms,
and n = number of compounding period
Where P = Principal
t= time in years
Given p=$1,000
n=44
r=6%
Step two
Inserting our given information
A=$1000 [(1 + 0.06/1)^44*1]
A=$1000 [(1.06)^44*1]
A=$1000*12.9854819127
A=$12,985.5
The Differentiation strategy is used by the investment firm in standing out in the industry.
<h3>What is Michael Porter
strategy? </h3>
A strategy is defined by Porter as a competitive position that is deliberately chosen as a different set of activities to deliver a unique mix of value.
The Generic Strategies model of Michael Porter includes:
- Cost Leadership
- Differentiation
- Focus.
These strategy are important because they provide an options for organizations to gain competitive advantage.
In conclusion, the Differentiation strategy is used by the investment firm in standing out in the industry.
Read more about Porter strategy
<em>brainly.com/question/24843525</em>
3, 3.5, -2, 3.7, -1, 0, 2, -3, -2.7, -1.34
Answer:
Production = 31000 Units
Explanation:
To calculate the production requirement for the month of August to meet the required sales and desired ending inventory, we will use the following formula,
Sales = Opening Inventory + Production - Closing Inventory
Plugging in the values we have for sales, opening inventory and closing inventory, we calculate the production to be,
30000 = 11500 + Production - 12500
30000 + 12500 - 11500 = Production
Production = 31000 Units
