The answer false because the objective of the resume is usualy one or two sentences long.
Answer:
PV= $332,528.56
Explanation:
Giving the following information:
Future value= $500,000
Number of periods= 7 years
Discount rate= 6% compounded annually
<u>To calculate the present value, we need to use the following formula:</u>
<u></u>
PV= FV/(1+i)^n
PV= 500,000 / (1.06^7)
PV= $332,528.56
Purchase momentum.
Initial impulses to buy lead to higher likelihoods of purchasing more.
If we are given with the level of saving as a function of level of disposable income:
c = 500 + 0.8 d
where d is the disposable income and it is equal to 1000. Solving for c:
c = 500 + 0.8 (1000)
c = $1300
condition where different economic firms seek to obtain a share of a limited good by varying the elements of the marketing mix: price, product, promotion and place.