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Alex Ar [27]
3 years ago
10

A. Define the term cliché of this sentence

Business
1 answer:
Semmy [17]3 years ago
5 0

There is no sentence here.

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You are comparing two annuities with equal present values. The applicable discount rate is 6.5 percent. One annuity will pay $2,
MAVERICK [17]

Answer:

the annual payment for the second annuity is $2,130 paid at end of every year

Explanation:

We have following information for 1st annuity:

Rate: 6.5%

Payment (PMT): -$2,000, paid at beginning of every year

Tenor (Nper): 20 years

We use excel to calculate the present value of annuity = PV(rate,Nper,PMT,,1)

=PV(6.5%,20,-2000,,1) = $23,469

Then we calculate the payment for 2nd annuity = PMT(rate,Nper,PV,,0)

=PMT(6.5%,20,23469,,0) = -$2,130

Download xlsx
4 0
4 years ago
Describe a real or made up but realistic situation in which you would want to use revolving credit. (2-4 sentences)
Artist 52 [7]

Answer:

don't know what is the answer sorry

very sorry

6 0
3 years ago
What are the functions of business.
expeople1 [14]
The most likely answer is option D
4 0
3 years ago
What is one example of a planned economy?
Daniel [21]

Answer:

socialist economy

Explanation:

A planned economy is a system where the government or the central authority makes all major economic decisions. The government decides on the type and quantities of goods to produce and for whom to produce. In the planned economy, factors of production belong to the government. Manufacture of goods and services is motivated by service to the community, not profits.

A socialist economy is a good example of a planned economy. Just like in a planned economy, a socialist economy is characterized by heavy government involvement. The state controls the factors of production. Public service is the reason for economic production, while consumers do not have the liberty to choose products.

6 0
3 years ago
A small consulting company in Waikiki, Hawaii struggles financially because of limited access to economic resources. This compan
Leviafan [203]

Answer:

relationship era.

Explanation:

The consulting company in Waikiki uses technology to built emotional bond with its customers. This determines that the company is using concept of relationship era. Companies believing in Relationship marketing era focus on creating long term relationship with its existing and prospective customers. The business wants to create an emotional relation with its customers so that they remain loyal to the business.

7 0
3 years ago
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