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Shalnov [3]
2 years ago
6

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil

l provide $ 9 comma 000 in the first​ year, and will grow by 7 ​% per​ year, forever. If the interest rate is 10 ​%, how much must Martin provide to fund this​ bequest?
Business
1 answer:
strojnjashka [21]2 years ago
5 0

Answer:

$300,00

Explanation:

In a situation where the interest rate is said to be 10% the amount that Martin must provide in order to fund this​ bequest will therefore be:

Bequest first year $9,000/(Interest rate 10%-

Increase of 7 ​% per​ year)

Hence:

$9,000/0.03

=$300,000

Therefore $300,00 will be provided to fund the bequest

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Gavin is a salesperson for an advertising company. He sells ads to customers directly.
wariber [46]

Answer:

Personal selling.

Explanation:

Promotion is a method of informing and persuading customer to buy product or service or idea. Every company in the market use some or other promotional strategy to penetrate in the market. Corporate have different needs or objective of promotion, like creating awareness, spreading information, increasing sales, increase market share, retaining loyal customer, etc. There are different method of promotion also been used by corporates to achieve their objective according to the budget, time and place of promotion. There are few promotion method used by corporate are: Advertising, sales promotion, personal selling, e-commerce, public relation, and social media.

Personal selling: It is a part of promotional mix, where salesperson sell the product or service to their target customer directly by meeting them personally.

6 0
3 years ago
Harriet has been assigned the task of setting up work teams for a complex software development project. Each team has different
madam [21]

Answer:

Option B (Wheel) is the right answer.

Explanation:

  • That was the most suited wheel-based networking architecture. So every team works reasonably amongst the many departments together, communicated as well as worked together as a centralized control through hubs.
  • Instead, every crew here works alone and is interconnected to the hub so that it wouldn't immediately impact the activities of some other groups.

The other four alternatives aren't connected to the given scenario. So the above is the right option.

7 0
3 years ago
Jack Spratt is the production manager for a manufacturing firm that produces wizzy-gadgets and other items. The annual demand fo
Assoli18 [71]

Answer:

200 units      

Explanation:

For computing the number of units produced each time we need to applied the economic order quantity formula which is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand is 1,600 units

Ordering cost per order is $25

And, the carrying cost or holding cost per unit per year is $2

Now placing these values to the above formula

So, the economic order quantity is

= \sqrt{\frac{2\times \text{1,600}\times \text{\$25}}{\text{\$2}}}

= 200 units          

8 0
3 years ago
Bisa cari tau ini negara apa..<br>lha koq gua bisa nyasar tu gmn​
choli [55]
what language is this if i may ask
5 0
2 years ago
A company discarded a computer system originally purchased for $18,000. The accumulated depreciation was $17,200. The company sh
dezoksy [38]

Answer:

The correct answer is $800 loss.

Explanation:

According to the scenario, the given data are as follows:

Purchased Amount = $18,000

Accumulated depreciation = $17,200

So, we can calculate the book value by using following formula:

Book value = Purchased Amount - Accumulated depreciation

By putting the value in the formula, we get

$18,000 - $17,200 = $800

So, if company discarded the computer system, Then

Book value of computer system = Loss to the company

Hence, Company Loss = $800

3 0
2 years ago
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