Answer:
See attached picture.
Explanation:
See attached picture for explanation.
Answer:
c) This is not plagiarism
Explanation:
Since the student version adequately referenced the source, this is not a example of plagiarism. The student version started with the naming of the source and followed with the key takeaways from their elaboration. Additionally, the student version provided a brief, conclusion to the problem, which is the added scientific value to pure referencing.
Answer:
a) Competitive price
Explanation:
a) Competitive price
Competitive price strategy is taken into consideration for setting prices for a product keeping in mind the competitors price for the similar products.
Competitive price have better sales and compete better with other similar products in the market. It gains a competitive edge in the market. It gains maximum customer recognized values.
Answer: $415,688
Explanation:
First find the future value of paying $1,200 every month for 360 months.
This is the future value of an annuity:
= Payment * ([1 + interest) ^ no. of periods - 1) / interest
Use periodic interest = 5.75%/ 12
30 years * 12 = 360
= 1,200 * ( ( 1 + 5.75%/12)³⁶⁰ - 1) / 5.75% / 12
= $1,149,357.14
Future value of the loan amount is:
= 280,000 * (1 + 5.75% / 12) ³⁶⁰
= $1,565,045.14
Ballon Payment = 1,565,045.14 - 1,149,357.14
= $415,688
