Answer:
Instructions are below.
Explanation:
Giving the following information:
Investment= $4,500
Interest rate= 11.45%
For both options, we will use the following formula:
FV= PV*(1+i)^n
a. Number of years= 43
FV= 4,500*(1.1145^43)
FV= $476,053.37
b. Number of years= 33
FV= 4,500*(1.1145^33)
FV= $161,010.77
Answer: Price of cereals must fall by 12%
Explanation:
A 10% rise in the price of milk will lead to a fall in quantity demanded by =-0.9 * 10= 9%.
To prevent the demand for cereals from falling by 9%, the price of cereals must fall by
Thus, to offset the effect of a 10% rise in price of milk, the price of cereals must fall by 12%.
Answer: B- 6 minutes
Explanation: From the question above, In one hour, about 20 customers shows up at Rent a Wreck.
It takes 2 minutes to photocopy their driver's license and insurance card and take an impression of a credit card
therefore 20/2=10
in one hour which is 60 min = 60/10
=6 minutes
Answer:
The correct answer is A. replace an existing product group
Explanation:
Greta can find in the replacement of products a greater added value from innovation and consumption. In addition, it helps to raise awareness of consumption and the needs to be met.
The replacement of products by services inspires an important transformation towards a culture of sustainability throughout the value chain. It is a strategy that leverages market forces as a source of society's change.
