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mash [69]
4 years ago
10

your experience indicates that offering a discount in your email increases responses by 75% year last email without a discount y

ou got 19 thousand responses if you mail the same size list and offer discount how many responses would you expect?​
Business
1 answer:
HACTEHA [7]4 years ago
3 0

Answer:

<u>The number of responses if a discount is offered would be 33,250</u>

Explanation:

1. Let's review the information given to us to answer the question correctly:

Number of responses you had without offering discount = 19,000

Percentage of increase if you offer a discount = 75%

2. If you mail the same size list and offer discount how many responses would you expect?​

Number of responses if a discount is offered = Number of responses you had without offering discount * (1 + 0.75)

Replacing with the real values, we have:

Number of responses if a discount is offered = 19,000 * 1.75

Number of responses if a discount is offered = 33,250

<u>The number of responses if a discount is offered would be 33,250</u>

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Answer:

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Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

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PV of annuity = $91,000 x [ ( 1- ( 1+ 0.0515 )^-25 ) / 0.0515 ]

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