Answer:
PV= $81,947.83
Explanation:
Giving the following information:
Future value= $95,000
Interest rate= 0.03
Number of periods= 5
To calculate the initial investment required to reach the objective, we need to use the following formula:
PV= FV/(1+i)^n
PV= 95,000/(1.03^5)
PV= $81,947.83
Answer:
<u><em>Sales</em></u>-Oriented
Explanation:
A Sales-Oriented Company's main focus is on <em>producing a sales team to advertise and market their products or services.</em>
Generally, such strategies are made through door-to-door sales, telephone conversations, and other encounters with prospective customers or opportunities.
The sales team is typically the business's greatest resource and the <em>primary driver of its growth and productivity.</em>
Answer:High purchasing power
Explanation:High purchasing power is the financial ability to buy products and services.
Purchasing power is the value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you would be able to purchase.
The costs of goods and services are among the most important determinants of purchasing power. When the price level rises, purchasing power decreases, and when the price level falls, purchasing power increases, if all other factors are held equal.
A private companies operating without government interference
Explanation:
