Answer:
It will take 2.73 years to cover the initial investment.
Explanation:
<u>The payback period is the time required to cover the initial investment:</u>
Year 1= 0 - 2,400= -2,400
Year 2= 1,600 - 2,400= -800
Year 3= 1,100 - 800= $300
<u>To be more accurate:</u>
(800/1,100)= 0.73
It will take 2.73 years to cover the initial investment.
Promoting an event with no money could be done by focussing on pre- event preparation and brand creation.
<h3>How do you promote an event without money?</h3>
- Utilize social media: Take into account adopting a specialty or specialized segmentation so members of a sector or demography can check your calendar for activities they are confident they will appreciate.
- Having a blogger as a friend : Make as many friends as you can with bloggers, social media ambassadors, and influencers.
- If they are essential to your low-cost event promotion, they will aid you in spreading the word if they know, like, and trust you.
- Seek media support: If you host newsworthy events, getting to know these people will be helpful to you in your event promotion as well.
- Don't forget writers for periodicals, travel websites, or anything else relevant to the activities you host and they would contribute on a large scale for your brand creation.
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Answer: D: The telegraph
Explanation:
The telegraph, though it definitely added to the possibilities for economic growth, did not lead to as many immediate applications to industrialization as the other three choices.
An economic community is a set of countries organized to work towards commonplace goals inside the law of international trade.
International trade is the trade of goods and services among nations. trading globally gives clients and countries the opportunity to be uncovered to items and services no longer to be had of their very own nations, or extra highly-priced regionally.
International trade is known as the exchange or alternate of products and services between exclusive nations. This type of change contributes to and will increase the sector economy. The maximum usually traded commodities are tv units, garments, machinery, capital goods, food, uncooked cloth, and so forth.
Popular worldwide change fashions universally do not forget maximizing the supply of less expensive items as the objective of worldwide change. They then cross on to expose that price lists and different impediments to exchange reason for a loss of monetary performance.
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Answer: B. 100
Explanation:
To find this out, we shall assume that the number of checks that should be written for the two accounts to cost the same will be x.
The cost of Account A assuming x number of checks is:
= 3 + 0.02x
For Account B this is:
= 2 + 0.03x
Equate both expressions:
3 + 0.02x = 2 + 0.03x
3 - 2 = 0.03x - 0.02x
0.01x = 1
x = 1 / 0.01
x = 100 checks