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ch4aika [34]
3 years ago
13

Time value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet. Which of

the following equations can be used to solve for the future value of an ordinary annuity?
1) PMT x {1 – [1/(1 + r)nn]}/r
2) PMT x {[(1 + r)nn – 1]/r}
3) FV/(1 + r)nn
4) PMT x {[(1 + r)nn – 1]/r} x (1 + r)
Business
1 answer:
Igoryamba3 years ago
8 0

Answer:

b.  PMT x {[(1 + r)nn – 1]/r}

Explanation:

The formula that should be calculated for the future value of an ordinary annuity is shown below:

= PMT × {[(1 + r)^n - 1] ÷ r}

Here

PMT denotes the coupon payment

r denotes the rate of interest

n denotes the time period

So as per the given situation, the option b is correct

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1. Think about all of the many products you can purchase today. Identify one product that currently represents each phase of the
olganol [36]

Answer:

Answered

Explanation:

We can take a Andriod smartphone as one of the product. Definitely, each unique smartphones including both the high and low-end products represent the four distinct stages of product life cycle. The nature of competition, price, distribution and promotion can be differentiated well among different stages of the life cycle.

As far a competition is concerned, at the introduction phase, the competition will be too high. For the high-end phone coming with unique features (i.e. unique value to the customer) will face less severe competition at this time. As the growth phase comes, the uniqueness will disappear as others will also come out with similar features in their features. As a result, the competition will intensify and will reach the maximum at the maturity of the product.

The pricing strategy at different stages will depend upon the generic strategy of the company. At the introduction stage, if the company is having a differentiation strategy, it usually goes for a premium price. Others, having cost leadership strategy will go for low price. Sometimes the low price is kept initially at a very thin or zero margins just to capture the market share. However, for smartphones, this is very difficult. As competition intensifies in growth and maturity, the price falls. This is the fate generally with most of the Andriod smartphones as their features are not inimitable. Huge discounts in price can be observed for smartphones at their decline phase due to obsolescence of technology.

It has become a trend nowadays to initially distribute the smartphones through an online retail partner where the smartphone manufacturer gives an exclusive right to the retail partner to sell the initial lots. The retailer first books the order and then does the transaction. As the product gets publicity and attains its growth, it is sold in other places such as company outlets, bricks-and-mortar retailers, supermarkets, eStores etc. up to the maturity and decline phase.

As in distribution, the promotion becomes huge by the online retail partner at the introduction phase. The smartphone manufacturer also uses direct marketing, imagery, and social media marketing as primary tools at this phase.

5 0
3 years ago
Management of Mcgibboney Corporation has asked your help as an intern in preparing some key reports for November. The beginning
harkovskaia [24]

Answer:

$87,000

Explanation:

Calculation of the conversion cost for November.

Conversion cost can be defined as the combination of both direct labor costs and manufacturing overhead costs that are vital to help convert raw materials into product.

Using this formula

Total Conversion cost = Direct labor cost + Manufacturing overhead cost

Hence,

Direct labor cost $25,000

Add Manufacturing overhead cost $62,000

Total Conversion cost $87,000

Therefore the conversion cost for November is $87,000

4 0
3 years ago
When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at
mestny [16]

Answer:

Predatory pricing.

Explanation:

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in predatory pricing.

Predatory pricing is a strategy used by some business owners to reduce the cost of a particular commodity or item to the lowest possible amount such that the available competitors will be driven out of business.

8 0
3 years ago
Why do consumer advocates advise against using alternative financial services?.
spayn [35]

Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

<h3>What is a financial service?</h3>

It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.

In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

Learn more about financial services on:

brainly.com/question/1357912

7 0
2 years ago
What is one of the three functions of the central vision area of a driver?
ruslelena [56]
Although the focus vision is the one responsible for the targeting function, it is the central vision that allows the viewing of the line of sight to the target area. It is the central vision that allows a relative focus for mid distances and blurring of what's around. It is important on a motorway, for example, as what's ahead is the most important once there isn't people or very busy areas around.
7 0
3 years ago
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