Answer:
A) The price of a donut is $2.00 in 2012.B) Rina's wage is $14.00 per hour in 2012
Explanation:
Nominal value means face value or stated value.
Real value means nominal value adjusted for inflation. Real value of money can refer to the purchasing power of money. Rina's wage is 2 paperback novels per hour in 2012 is an example of real value.
I hope my answer helps you
Answer:
FV= $6,616.38
Explanation:
Giving the following information:
Annual cash flow= $500
Number of periods (n)= 8
Interest rate= 14%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {500*[(1.14^8) - 1]} / 0.14
FV= $6,616.38
Answer:
The answer is: Referral marketing
Explanation:
Referral marketing is like word of mouth marketing, but with a reward.
We are all social creatures, some more than others, and we like to tell our friends about things that might be considered interesting, new, good, etc (a little gossip). We also know by now that advertisement is usually not 100% accurate, so we don´t fully trust it. When one of our friends tells us that they tried product X and it was great, we do trust them and probably will end up buying product X.
