Answer:
<u>Locking in customer</u>
Explanation:
Power Cruise , a holiday cruise firm, recently offered its existence customers, who had registered for a two-year membership , an extension of six-months to their membership without any additional charges. By doing this, Power Cruise implement the<em> locking in customer</em> strategy.
Locking in customer strategy is basically used by the to hold on the customer with them. This strategy is used by the company , so that they do not loss their existing customer and also get more customers.
They improve their image among their customer by offering such facilities. They use such strategy because they don't want their customer to go to their competitor. Company give people reason to stay with them . They know that in today's market the customer is the king so they give them priority. They try to provide them best good and services.
Answer:
$618 dollars
Explanation:
The beginning face value will be our starting position: $600
Then, we have a 2 percent increase over the next three years
this makes for a principal at maturity of:
600 x (1 + 2% x 3 years ) = $618
This makes each coupon return in coins to also increase over time as, they are calcualted based on the adjusted face vale. This method iguarantee the 10% return on the bond regardless of inflation during the period.
Answer:
The vectors does not span R3 and only span a subspace of R3 which satisfies x+13y-3z=0
Explanation:
The vectors are given as
![v_1=\left[\begin{array}{c}-4&1&3\end{array}\right] \\v_2=\left[\begin{array}{c}-5&1&6\end{array}\right] \\v_3=\left[\begin{array}{c}6&0&2\end{array}\right]](https://tex.z-dn.net/?f=v_1%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D-4%261%263%5Cend%7Barray%7D%5Cright%5D%20%5C%5Cv_2%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D-5%261%266%5Cend%7Barray%7D%5Cright%5D%20%5C%5Cv_3%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bc%7D6%260%262%5Cend%7Barray%7D%5Cright%5D)
Now if the vectors would span the
, the rank of the consolidated matrix will be 3 if it is not 3 this indicates that the vectors does not span the
.
So the matrix is given as
![M=\left[\begin{array}{ccc}v_1&v_2&v_3\end{array}\right] \\M=\left[\begin{array}{ccc}-4&5&6\\1&1&0\\3&6&2\end{array}\right]\\](https://tex.z-dn.net/?f=M%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7Dv_1%26v_2%26v_3%5Cend%7Barray%7D%5Cright%5D%20%5C%5CM%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-4%265%266%5C%5C1%261%260%5C%5C3%266%262%5Cend%7Barray%7D%5Cright%5D%5C%5C)
In order to calculate the rank, the matrix is reduced to the Row Echelon form as
![\approx \left[\begin{array}{ccc}-4&5&6\\ 0&\frac{9}{4}&\frac{3}{2}\\ 3&6&2\end{array}\right] R_2 \rightarrow R_2+\frac{R_1}{4}](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-4%265%266%5C%5C%200%26%5Cfrac%7B9%7D%7B4%7D%26%5Cfrac%7B3%7D%7B2%7D%5C%5C%203%266%262%5Cend%7Barray%7D%5Cright%5D%20R_2%20%5Crightarrow%20R_2%2B%5Cfrac%7BR_1%7D%7B4%7D)
![\approx \left[\begin{array}{ccc}-4&5&6\\ 0&\frac{9}{4}&\frac{3}{2}\\ 0&\frac{39}{4}&\frac{13}{2}\end{array}\right] R_3 \rightarrow R_3+\frac{3R_1}{4}\\](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-4%265%266%5C%5C%200%26%5Cfrac%7B9%7D%7B4%7D%26%5Cfrac%7B3%7D%7B2%7D%5C%5C%200%26%5Cfrac%7B39%7D%7B4%7D%26%5Cfrac%7B13%7D%7B2%7D%5Cend%7Barray%7D%5Cright%5D%20R_3%20%5Crightarrow%20R_3%2B%5Cfrac%7B3R_1%7D%7B4%7D%5C%5C)
![\approx \left[\begin{array}{ccc}-4&5&6\\ 0&\frac{39}{4}&\frac{13}{2\\ 0&\frac{9}{4}&\frac{3}{2}}\end{array}\right] R_2\:\leftrightarrow \:R_3](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-4%265%266%5C%5C%200%26%5Cfrac%7B39%7D%7B4%7D%26%5Cfrac%7B13%7D%7B2%5C%5C%200%26%5Cfrac%7B9%7D%7B4%7D%26%5Cfrac%7B3%7D%7B2%7D%7D%5Cend%7Barray%7D%5Cright%5D%20R_2%5C%3A%5Cleftrightarrow%20%5C%3AR_3)
![\approx \left[\begin{array}{ccc}-4&5&6\\ 0&\frac{39}{4}&\frac{13}{2}\\ 0&0&0\end{array}\right] R_3 \rightarrow R_3-\frac{3R_2}{13}\\](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-4%265%266%5C%5C%200%26%5Cfrac%7B39%7D%7B4%7D%26%5Cfrac%7B13%7D%7B2%7D%5C%5C%200%260%260%5Cend%7Barray%7D%5Cright%5D%20R_3%20%5Crightarrow%20R_3-%5Cfrac%7B3R_2%7D%7B13%7D%5C%5C)
As the Rank is given as number of non-zero rows in the Row echelon form which are 2 so the rank is 2.
Thus this indicates that the vectors does not span 
<em>Now for any vector the corresponding equation is formulated by using the combined matrix which is given as for any arbitrary vector and the coordinate as </em>
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Now converting the combined matrix as
![\approx \left[\begin{array}{ccccc}-4&5&6&|&x\\ 0&\frac{9}{4}&\frac{3}{2}&|&\frac{4y+x}{4}\\ 3&6&2&|&z\end{array}\right] R_2 \rightarrow R_2+\frac{R_1}{4}\\](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D-4%265%266%26%7C%26x%5C%5C%200%26%5Cfrac%7B9%7D%7B4%7D%26%5Cfrac%7B3%7D%7B2%7D%26%7C%26%5Cfrac%7B4y%2Bx%7D%7B4%7D%5C%5C%203%266%262%26%7C%26z%5Cend%7Barray%7D%5Cright%5D%20R_2%20%5Crightarrow%20R_2%2B%5Cfrac%7BR_1%7D%7B4%7D%5C%5C)
![\approx \left[\begin{array}{ccccc}-4&5&6&|&x\\ 0&\frac{9}{4}&\frac{3}{2}&|&\frac{4y+x}{4}\\ 0&\frac{39}{4}&\frac{13}{2}&|&\frac{4z+3x}{4}\end{array}\right] R_3 \rightarrow R_3+\frac{3R_1}{4}\\](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D-4%265%266%26%7C%26x%5C%5C%200%26%5Cfrac%7B9%7D%7B4%7D%26%5Cfrac%7B3%7D%7B2%7D%26%7C%26%5Cfrac%7B4y%2Bx%7D%7B4%7D%5C%5C%200%26%5Cfrac%7B39%7D%7B4%7D%26%5Cfrac%7B13%7D%7B2%7D%26%7C%26%5Cfrac%7B4z%2B3x%7D%7B4%7D%5Cend%7Barray%7D%5Cright%5D%20R_3%20%5Crightarrow%20R_3%2B%5Cfrac%7B3R_1%7D%7B4%7D%5C%5C)
![\approx \left[\begin{array}{ccccc}-4&5&6&|&x\\ 0&\frac{39}{4}&\frac{13}{2}&|&\frac{4z+3x}{4}\\ 0&\frac{9}{4}&\frac{3}{2}&|&\frac{4y+x}{4}\end{array}\right] R_3 \leftrightarrow R_2\\](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D-4%265%266%26%7C%26x%5C%5C%200%26%5Cfrac%7B39%7D%7B4%7D%26%5Cfrac%7B13%7D%7B2%7D%26%7C%26%5Cfrac%7B4z%2B3x%7D%7B4%7D%5C%5C%200%26%5Cfrac%7B9%7D%7B4%7D%26%5Cfrac%7B3%7D%7B2%7D%26%7C%26%5Cfrac%7B4y%2Bx%7D%7B4%7D%5Cend%7Barray%7D%5Cright%5D%20R_3%20%5Cleftrightarrow%20R_2%5C%5C)
![\approx \left[\begin{array}{ccccc}-4&5&6&|&x\\ 0&\frac{39}{4}&\frac{13}{2}&|&\frac{4z+3x}{4}\\ 0&0&0&|&\frac{13y+x-3z}{13}\end{array}\right] R_3 \rightarrow R_3-\frac{3R_2}{13}\\](https://tex.z-dn.net/?f=%5Capprox%20%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D-4%265%266%26%7C%26x%5C%5C%200%26%5Cfrac%7B39%7D%7B4%7D%26%5Cfrac%7B13%7D%7B2%7D%26%7C%26%5Cfrac%7B4z%2B3x%7D%7B4%7D%5C%5C%200%260%260%26%7C%26%5Cfrac%7B13y%2Bx-3z%7D%7B13%7D%5Cend%7Barray%7D%5Cright%5D%20R_3%20%5Crightarrow%20R_3-%5Cfrac%7B3R_2%7D%7B13%7D%5C%5C)
From this it is seen that whatever the values of the coordinates does not effect the value of the plane with equation as

So it is verified that the subspace of R3 such that it satisfies x+13y-3z=0 consists of all vectors.
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Answer: Common stock
Explanation: In simple words, these are the securities which represent ownership in an organisation. The common stocks has no maturity date as it is the ownership right and will remain until the liquidation of the company.
The dividends to common stockholders are not fixed and depends on the profit that the company made in the year. They are paid dividends after debt holders.
They can sell their shares to other participants through securities markets like stock exchanges etc.
Hence from the above we can conclude that Jeff has purchased common stock.
Answer:
Charge card
Explanation:
A charge card is a type of electronic payment card in which there is no interest is to be charged but you needs to the pay the balance of the statement either full or monthly basis. Also it has the highest annual fee that should be charged
So as per the given situation, it is the charge card scenario