Answer: where is the question
Explanation:
Answer:
Therefore after 16.26 unit of time, both accounts have same balance.
The both account have $8,834.43.
Explanation:
Formula for continuous compounding :

P(t)= value after t time
= Initial principal
r= rate of interest annually
t=length of time.
Given that, someone invested $5,000 at an interest 3.5% and another one invested $5,250 at an interest 3.2% .
Let after t year the both accounts have same balance.
For the first case,
P= $5,000, r=3.5%=0.035

For the second case,
P= $5,250, r=3.5%=0.032

According to the problem,




Taking ln both sides



Therefore after 16.26 unit of time, both accounts have same balance.
The account balance on that time is

=$8,834.43
The both account have $8,834.43.
Answer:
a-1// 8,979.49
a-2// 9613.14
b-1// 5,154.36
b-2// 4,676.51
Explanation:
We will calculate each present value using the formula for present value of an ordinary annuity:

a-1
C 1,025
time 11
rate 0.04
PV $8,979.4886
a-2
C 825
time 16
rate 0.04
PV $9,613.1439
b-1
C 1,025
time 11
rate 0.16
PV $5,154.3605
b-2
C 825
time 16
rate 0.16
PV $4,676.5098
Answer:
A disgruntled customer will tell 9 - 15 people about their experience.
Explanation:
According to a study carried out by the White House Office of Consumer Affairs, a dissatisfied consumer tells 9-15 people about their experience. However, with the advent of social media and the internet, this number can sky-rocket into thousands and possibly millions depending on how viral the complaint becomes.
This is the more reason why organizations should endeavor to provide good customer service so that their brand will not be dragged into the mud by disgruntled customers.
Answer:
The answer is B.
Explanation:
An agency relationship is a relationship between the principal and the agent.
A principal employs the service of an agent who acts on behalf of the principal.
An agent must make sure that there is no conflict on interest.
So in labor market, employer is the principal while the worker or employee is the agent.