Answer:
2.96% will be effective rate of the investment
Explanation:
First year:
1,000 x 1 + 10%) = 1,100
<em><u>Second year: </u></em>
1,100 + 3,000 = 4,100 invesmtent balance
4,100 x (1 - 5%) = 3,895
<em><u>Third year:</u></em>
3,895 + 2,000 = 5,895
5,895 x (1 + 2%) = 6012.9
<em><u>Fourth year:</u></em>
6012.9 + 500 = 6512.9
6,512.9 x (1+ 8%) = 7033.932
We calcualte rate that is equivalent with the following cash flow:
We solve using excel goal seek
0.029646151
Explanation:
On April 27, a blast of light from a dying star in a distant galaxy became the focus of astronomers around the world. The explosion, known as a gamma-ray burst and designated GRB 130427A, tops the charts as one of the brightest ever seen.
Answer:
What Paul has done wrong is to place these marketing materials on seats. He should devised a plan to give out these materials at the registration point where participants would be registered and then they would collect the items. By placing them on the seats, some of the participants could collect more than one, especially the valuable pen that is worth $3 each.
Explanation:
Marketing materials cost the entity some funds to produce. They should not be wasted. In addition, the number of participants with some details like names and contact information should be captured for future marketing efforts. Allowing participants to have free access to the marketing materials that cost so much without driving any potential customer list is not prudent.
Answer:
False
Explanation:
When interpreting correlation, it is important to remember that correlation does not equal causation. We would only be able to conclude that a part of the variation in one of the variables (as measured by its variance) can be considered as being due to its relationship with the other variable.
Answer:
On a Saturday, Wanda goes to the local farmers’ market to take a break from baking treats. While she is there, she sees a vendor with customers crowded around the stall. When she asks someone what all the excitement is about, a customer informs her that a woman who sells gourmet dog treats has just arrived, and if Wanda doesn’t get in line early, the woman will sell out. The customer goes on to tell Wanda that this vendor always sells out, and that since she has started buying these treats for her dogs, her dogs seem much healthier and happier. Wanda waits in line with the other customers.
When it is Wanda’s turn, she engages the woman in conversation about the ingredients in her treats and her process for making them. The woman is very nice and actually shares a recipe with Wanda for a pumpkin peanut butter dog biscuit that has always been one of her best-selling items. Wanda purchases one of each treat the woman is selling and takes the recipe when it is offered to her, never mentioning that she is in the same business. She plans to “reverse engineer” the treats and test the new recipe out that very day.
Explanation:
