6,700(1+0.052)^x that’s your formula, you will only have to plug in 3 into x to find how much you saved.
Answer:
The correct answer is letter "B": practice the pitch.
Explanation:
To close more sales, salespeople use different sales speeches depending on the type of product they sell and the customer that they have in front of them. When adopting a new speech, it should be practiced with some clients to polish some aspects of speech that might not work and to find out which features are attractive to them.
Some vendors practice like scenarios, use mirrors or record their voice during the practice-the-pitch stage.
Answer:
Let's presume $100 to be a hypothetical investment.
The final amount of the investment will be equivalent to I [ 1-front-end load ] [ 1 + r-true expense ratio]T Loaded-Up: the 12b-1 operating expense charge will be added to the actual expense ratio: expense ratio + (12b-1 fee) = 1% + 0.75% = 1.75%.
<em>Therefore with that in mind.</em>
a. Year 1 = $100 (1 + 0.06 - 0.0175) = $104.25 b. Year 3 = $100 (1 + 0.06 - 0.0175)3 = $113.30 c. Year 10 = $100 (1 + 0.06 - 0.0175)10 = $151.62
<em>Economy fund:
</em>
a. Year 1 = $100 0.98 (1 + 0.06 - 0.0025) = $103.64 b. Year 3 = $100 0.98 (1 + 0.06 - 0.0025)3 = $115.90 c. Year 10 = $100 0.98 (1 + 0.06 - 0.0025)10 = $171.41
Answer:
1.79%
Explanation:
Calculation to determine the difference in the annual inflation rates for the United States and Poland over this period
Current exchange rate for Polish Zioty = Z 3.91/ US dollars
Expected exchange rate in 3 years for Polish Zioty = Z 3.98/ US Dollars
Now let determine the difference in the annual inflation rates
Annual inflation rates= ( 3.98– 3.91)/ 3.91 x 100
Annual inflation rates= 0.06/3.91x 100
Annual inflation rates=1.79 %
Therefore the difference in the annual inflation rates for the United States and Poland over this period is 1.79%
Answer:
Money multiplier= 1 / reserve requirement
a. Reserve requirement = 0.09
Money multiplier = 1 / 0.09
Money multiplier = 11.11
b. Reserve requirement = 0.25
Money multiplier = 1 / 0.25
Money multiplier = 4
c. Reserve requirement = 0.12
Money multiplier = 1 / 0.12
Money multiplier = 8.33
d. Reserve requirement = 0.04
Money multiplier = 1 / 0.04
Money multiplier = 25
