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Fynjy0 [20]
3 years ago
10

A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve

r, what annual interest rate will you earn on your deposit?1.92%1.60%2.56%2.24%
Business
1 answer:
Natalka [10]3 years ago
5 0

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

The interest rate will be:

= \frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}

On substituting the given values, we get

= \frac{800}{50,000}

= 0.016

i.e.,

= 1.60 \ percent

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When its sales were declining, canadian airline conducted a marketing survey to understand the expectations of the business trav
Montano1993 [528]

Answer:

The correct answer would be, The Canadian Airline would have used Lost Customer Recovery Strategy.

Explanation:

When the sales of the Canadian Airline declines, they surveyed their target market which is Business Class Travelers. From the responses of the customers, they found out that customers feel bounded by the staff of the airplane. They think that they were totally controlled by the staff on board.

Now if the Canadian Airline would have surveyed their former customers, then they would have known why they left their airline, and what was their concerns and what they want in this airline; then the strategy used by them would have Lost Customer Recovery Strategy.

7 0
3 years ago
Vertically integrated corporations: Group of answer choices led influential economist David A. Wells to call for a simpler form
jok3333 [9.3K]

Answer:

The acquisition of businesses that gives the company control of supply chains is vertical integration.

Explanation:

Vertically incorporated corporations acquires either its customer's business or its supplier's business to have a control of supply chains and distribution channels.

The customer's business acquisition is often referred to as forward integration and the movement of a company to acquire its supplier's business is often referred to as backward integration.

6 0
3 years ago
Read 2 more answers
By law, a company has to ________.
saw5 [17]

Answer:

I'm going to use common sense and say A.

Explanation:

4 0
2 years ago
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If real gross domestic product (GDP) grew by 2 percent and the inflation rate was 2 percent, then nominal GDP grew by
ohaa [14]

Answer:

4%

Explanation:

If the real gross domestic product for the year grew by 2%

The inflation rate also grew by 2%

Then nominal GDP rate can be calculated as follows

= Real GDP + inflation rate

= 2% + 2%

= 4%

Hence the nominal gross domestic product grew by 4%

6 0
3 years ago
Round 8.35 to the nearest whole number
Lelechka [254]
8.35=8
Any decimal point below 5 is rounded down; above 5 is rounded up
Ex: 10.6=11
Hope this helps!
5 0
3 years ago
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