Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $3,400
Interest rate (i)= 5% = 0.05
Number of years= ?
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>For example:</u>
n= 10 years
FV= 3,400*(1.05^10)
FV= $5,538.24
n= 8 years
FV= 3,400*(1.05^8)
FV= 5,023.35
Answer:
Overcomes barriers to entry in another county.
Explanation:
Cross border acquisitions: Buying assets for your company in another country.
- Most companies tend to relocate itself beyond the border to get the idea of international market, and gain a competitive advantage for themselves in their domestic market.
- The primary reason for a company to relocate is, getting an entry in the market of of another company which looks profitable. By acquisition the barriers would be gone.
Professional letters for business
Judging from their condition, the need some welfare or subsidies that should be added
For example :
- Their government should provide more infrastructure such as roads and water pipe for the people
- Since South Africa is one of the most developed country in Africa, The Government should give more incentives for those who want to start a business ( such as cheaper taxation system)
