Answer: $538,806.50
Explanation:
This question is a compound interest question. If the savings increased at 14% per year then the amount when he is 68 will be;
Future Value = Present Value * ( 1 + Interest Rate ) ^ Years
Years = 68 - 20
= 48
Future Value = 1,000 ( 1 + 14%) ^ 48
= 1,000 * 538.8065
= $538,806.50
D. Reading everything very quickly
Answer:
$86.20
Explanation:
Total return from stock = Current price * expected return
Total return from stock = 80*14%
Total return from stock = $11.20
Dividend already realized = $5
Capital gain = $11.20 - $5
Capital gain = $6.20
End of one year price = Beginning price + capital gain
End of one year price = $80 + $6.20
End of one year price = $86.20
Therefore, at the end of one year price is $86.20
Answer:
Psychographic
Explanation:
Psychographic segmentation is the method which is used for the group prospective, previous or present customers through their shared traits of the personality, lifestyles, beliefs, attitudes, values and other factors.
Under the marketing aspect, this segmentation is a form which divides the consumers into sub- groups grounded on the shared characteristics involving conscious beliefs, priorities and motivations to define as well as predict the behavior of consumer.
So, in this case, the Disney institute explained or stated the example of the psychographic segmentation or method.
