Answer:
P952,054.69
Explanation:
The present value of a property with a down payment 'D' and an annuity 'A', payed over a period of 'n' years at a rate 'i' is:
If D = 338,458; A = 71,335; n= 28 and i = 11%:
The cash price (in peso) of the property is P952,054.69.
Answer:
the initial principal balance is $100,000, but it will gain 2% simple monthly interest during 16 months = $100,000 + ($100,000 x 2% x 16) = $132,000
the mortgage loan's principal = $132,000
APR = 12%
n = 30 years or 360 monthly payments
1) using a loan calculator we can determine that the monthly mortgage payment (only principal + interest) = $1,357.77
2) since they will make 360 monthly payments, they will pay in total = $1,357.77 x 360 = $488,796.71
in total they will pay $$356,796.71 in interest
Answer:
Financial liquidity refers to how easily assets can be converted into cash. Assets like stocks and bonds are very liquid since they can be converted to cash within days
Explanation:
<span>Was a description of the condition of medical training and education in the early 1900's. This book of literature is considered to be a classic in medical education. It is also considered as being a landmark in medical training.</span>
The personal selling element of the promotional mix is a paid personal communication that seeks to inform customers and persuade them to purchase products.
<h3>
What is personal selling?</h3>
- Personal selling occurs when a sales professional meets with a potential client to close a sale.
- Many sales professionals rely on a nine-step sales procedure that is commonly followed by all sales reps.
- Some salespeople create scripts for all or part of the sales process.
- The sales process can be employed in both face-to-face and telemarketing meetings.
- A detailed explanation or demonstration of the product is provided via personal selling.
- This expertise is particularly valuable for complex or novel goods and services.
- The sales message can be tailored to each prospective customer's motives and interests.
- Personal selling is frequently used to sell products with relatively high costs or complex features.
- Automobiles and office equipment are excellent examples.
- For example, photocopiers
Therefore, the personal selling element of the promotional mix is a paid personal communication that seeks to inform customers and persuade them to purchase products.
Know more about personal selling here:
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