Answer:
Interest rate= 4.61%
Explanation:
<em>The future value of an investment is the accumulated sum(principal plus interest ) after being invested at a particular rate for certain period of time.</em>
FV = PV × (1+r)^(n)
FV =Future Value - 106,611
PV = Present Value -$54,200
r- interest rate- ?
n- 15 years
<em>So substituting into the formula, we have</em>
106,611= 54,200 × ( 1+r)^15 =
(1+r)^15= 106,611/54200
(1+r)^15= 1.96699262/15
<em>find the log of both sides</em>
15 log (1+R) = log 1.9669
Log 1+r = log 1.9669/15
Log 1+r = 0.019586849
<em>finding the log inverse </em>
1+r = 1.046132872
r = 1.046132872 -1
= 4.61%
Answer:
Search
Explanation:
A search good is a good in which it's costs can be easily determined before purchasing. It can also be described as a product that can be easily evaluated just by viewing it to determine its quality.
Clothing items fall under the category of search goods because it is easy to identify the value just by looking at its colour, style,size and shape.
To: Stacy Shoe, Allen Sock, Emma Johnson
From: Alina Kincsem (write your name here)
Subject: How to open a word processing document
Date: October 12, 2018
This is to instruct the employees to turn the computer on and open a word processing document. Following steps are to be followed in order to do this:
1. Press your PC's power button and wait until the desktop screen appears.
2. Click on the start screen at the bottom left corner.
3. Go to the search bar and type 'MS Word' and click on its icon when it appears in the search.
4. Now a blank word processing document would open in front of you. You may create any document in it that you wish to.
Good luck with your task.
Answer:
tactical
Explanation:
"Planning" is a very important process in order for a business to know how it is going to allocate and manage its resources to achieve its goals in a more <em>organized way. </em>
Among the planning options mentioned, Puma uses "tactical plans" in order to achieve its goal. Such type of plan is focused on a specific goal. In the case of Puma, it is focused on achieving $641 million in its<u> sales target.</u>
Tactical plans also include "when" or the time in which goals are going to be achieved. Most of the time, goals are set from less than a year to one year. In Puma's case, it's goal is <u>by the end of the year. </u>
Tactical plans also state the<em> strategies</em> that the company will use in order to achieve its goal. In order for Puma to increase its sales, it will be<em> introducing new products, sell soccer equipment and combine different subsidiaries.</em> These strategies will help Puma accomplish its mission.
So, this explains the answer.
