Answer:
The answer is B) $1.564 trillion
Explanation:
PV of annuity = P[(1-(1.06)^-25) /0.06)]
20 trillion = P[(1-(1.06)^-25) /0.06)]
20 trillion = 12.78P
P = <u>$1.564 trillion</u>
Answer:
<u>Supertrends</u>
Explanation:
Marketing Segmentation refers to dividing the entire market into sections and segments based upon homogeneity or similar traits w.r.t geographical, demographic, psychographic and behavioral.
Supertrends refer to the latest huge trends in the marketing sector owing to an increased competition with large number of sellers catering to a market. Owing to such a concept, the markets have witnessed further segregation and more specialized products catering to the requirements of niche customers.
This has influenced the future of business in the sense the marketers have to be on their guard and be adaptive to such trends.
Answer:
The amount of money the buyer deposits when they buy
Explanation:
Earnest money is the money a buyer pays to a seller which is usually like a deposit when they are purchasing a property to show how serious they are in purchasing the property.
When the seller gets the earnest money from the buyer, he is rest assured that the buyer is willing to purchase the property, so he gives him enough time to rally around to get the balance while he list the property off the sales market.
Without earnest money, most sellers are probably going to sell their properties to customer who brings money first.