Answer:
Explanation:
Using future annuity formula
Fv = Pmt ( (1+r)ⁿ -1 )/ r
+ 1 = (1+r)ⁿ
In ( + 1) = n In ( 1+r)
n = In ( + 1) / In ( 1 + r)
FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n = number of years
n = 0.7297 / 0.11172 = 6.53 years approx 7 years
the last year payment will actually be less than $1,100
Answer:
b. Company Name's Return Policy
Explanation:
In E commerce, A good refund or return policy can help protect your company and win your customers’ trust, but making sure your language is clear and concise is extremely important.
According to study, over 60% of customers review a Return/Refund Policy before they make a purchasing decision.
It is the single most important agreement that e-commerce store needs to have as it can affect its customer retention rate.
Answer:
Option A (Both the adjuster and the student we potential customers because in their own way, they both benefit from the product).
Explanation:
Both the adjuster and the student were potential customers as they were both buying the smartphone for either personal or official use. The adjuster sees the smartphone as a product or tool that could be used to make work efficient. The student sees the product as a luxury. Either way, they are buying the smartphone and as such, they are very important to the producers of the smartphone because the product is useful to both of them.
Answer:
$995,745
Explanation:
PV = $0
PMT = $500
I/YR = 6
P/YR = 12
N = 40 x 12 = 480
your retirement account be in 40 years will be $995,745
<span>The Robinson–Patman Act is a U.S. federal law that bans chain stores from setting competitive prices on their products. This law was set in place to protect smaller shops and prevent price discrimination. In addition to this benefit, it forbid brokerage allowances as well, among other positive changes with the passing of the law.</span>
