You have to pay back interest, and the later you pay, the more you owe!<span />
Answer:
$1476.71
Explanation:
Formula = pmt(((1+r)^n)-1)/I
I = nominal interest rate
Pmt = dollar amount
r = interest rate
N = number of period
4930 = pmt(((1 +0.109)^3)-1)/0.109
4930 = pmt(1.109^3)-1/0.109
4930 = pmt(1.3639-1)/0.109
4930 = pmt(0.3638/0.109)
4930 = pmt3.3385
Pmt = 4930/3 3385
= $1476.71
Richard miller would have to save $1476.71
John d. Rockefeller stands out among nineteenth-century business leaders because of his innovative organization called vertical integration.
<h3>What is vertical integration?</h3>
Vertical integration is a procedure that entails acquiring corporate operations in order to produce the same thing.
- When a business chooses vertical integration, they typically have control over some phases of product production and delivery.
- Vertical integration can also be defined as the union of businesses engaged in the same line of work but at various stages of production or distribution.
- For instance, because it involves many phases in its business, Amazon might be classified as one of the organizations with vertical integration.
- In addition to acting as a platform for buyers and sellers, Amazon also has its own distribution network and sells some of its own goods and services.
To learn more about vertical integration, visit:
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Answer: exploratory research
Explanation: In simple words, exploratory research refers to the research which is conducted for problem that involves knowing what is going on in the current situation. These researches results in development of conclusion that is completely new.
In the given case, Nancy bales has to make a research about a product that is new to the market. She has to conclude if that item is better than the i-pod or not.
Hence we can conclude that Nancy has to perform exploratory research.
Answer
1. c. Grants
2. b. Subsidized financial loans
3. a. Unsubsidized financial loans
<u>Grants:</u> refer to funds that are given by grant makers to individuals for a specific purpose. These funds are not repayable. Most of the grants require compliance to certain conditions and regular reporting.
<u>Subsidised Federal loans:</u> refer to loans that are given to students who need financial aid for and other college expenses. Interest on this loan doesn't fall due until the time limit (150% of the program's tenure) on the loans is over. This loan is available only to undergraduate students
<u>Unsubsidized federal loans:</u> are loans on which interest begins to accumulate as soon as the loan is disbursed. These loans are available to graduate and undergraduate students.
