Answer:
Christopher
He will need to contribute $661.51 every quarter for seven years.
Explanation:
a) Data and Calculations:
To save up to $20,000 for a house down payment seven years from now, Christopher needs to save every quarter:
Results
PMT = $661.51
N (# of periods) = 28
I/Y (Interest per year) = 2.25
PV (Present Value) = 0
FV (Future Value) = $20,000
P/Y (# of periods per year) = 4
C/Y (# of times interest compound per year) = 4
PMT made at the of each quarter
Sum of all periodic savings = $18,522.41
Total Interest = $1,477.59
Answer:
Option A Penetration Pricing Strategy
Explanation:
The lowest price set below the market price for a long term period is known as Penetration Pricing Strategy. The reason is that the penetration pricing strategy helps the company to make maximum profit by using the price demand relation. In this scenario the company is setting a price which is lowest price in the market and this price brings maximum number of sales and profits. This lowest price makes the competitor's prices unattractive.
1. Physical characteristics
2. Mental characteristics
3. Emotional characteristics
4. Social characteristics
4. Spiritual life
The Type of youths include respectable,delinquent,politically militant and cultural rebels.
The answers are as follows:
7. Retire from full time work.
A 401K account is a retirement saving account that is sponsored by one's employer. This type of account allow a worker to save a portion of its salary to invest before tax are deducted from the salary. Tax are only paid on the money when they are withdrawn from the account.
8. Keep your focus on the most important goal.
Prioritizing is the process of arranging the things we need to accomplish in the order of their importance and then executing them according to their importance. Prioritizing helps one to focus one's energy on the most important thing.
9. A guess or estimate of what something will be like in the future.
Projection is an important tool in business and in personal life. Projection involves using the events that are happening now to predict what is going to happen in the future about a particular thing. Projection helps one to prepare for the happenings of the future.
10. Reserve.
Reserve refers to the amount of money you have set aside for use in case of emergency. Emergency happens at all time, at such times, it will be best to have a certain amount of money in place to cater for such emergencies. This type of money is called reserve.
11. Increase your income by working more and decrease your expenses.
An income refers to the amount of money you are paid on a regular basis because of the services your render, while expenses refers to the amount of money you spend on your needs. In order to be able to save enough money, you have to increase your income and decrease your expenses.
12. Wages is an earned income.
An earned income refers to an income which you work for, that is, you render particular services before the money is paid to you. Wages refers to the money that are paid to workers either on daily basis or on weekly basis, therefore, wages is an earned income.
13. Gift is an unearned income.
An unearned income refers to an income which you did not work for but which is given to you by some else. Financial gifts are unearned income because, the gift is not given to you as a result of the services you render.
14. Investment income is an unearned income.
The profits that one derives from investments are considered to be unearned income because one personal efforts is not involved in making the profits.
15. Salary is an earned income.
Salary refers to the money that a worker is paid on a monthly basis as a result of the services which he or she renders. Salary, is thus an earned income, because one's efforts is involved in making the money.
Nadia works in a clothing retail store. Her initial contact with a customer is most likely to be personal selling works best when the product is on sale.
The corporate sales team consists of sales company employees. Contractor.
Sales Reps Provide Information and Advice: Customers understand the value and are willing to indirectly pay for sales reps' training and advice. -Salespeople save time and simplify shopping: Customers value the time and effort they save.
Retail stores and services are referred to as the "cloud". Salesforce offers six types of clouds: Sales Cloud, Marketing Cloud, Commerce Cloud, Service Cloud, Experience Cloud, and Analytics Cloud.
Learn more about the retail stores at
brainly.com/question/27293552
#SPJ4
