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ElenaW [278]
3 years ago
10

You want to save at least $10,000 for a down payment on a new car. In cell B6, enter a formula to calculate how much you will ha

ve saved by putting away $500 per month for 24 months at a 1.5% annual interest rate. Use the appropriate cell references. Remember to use a negative value for the Pmt argument. There is no money in the account yet and payments are applied at the end of every month, so omit both the Pv and Type arguments. (Hint: Use the FV function.)
Business
1 answer:
Ilya [14]3 years ago
4 0

Answer:

$14,316.76

Explanation:

How much you will have saved?

<em>Using MS Excel to calculate the FV function</em>

= FV(Rate, Nper, Pmt)

= FV(1,5%, 24, 500)

= 14316.7604

= $14,316.76

So, the total amount you will have saved by putting away $500 per month for 24 months at a 1.5% annual interest rate is $14,316.76

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Zara has pioneered "cheap chic" in clothing apparel. Zara offers current and desirable fashion goods at relatively low prices. T
rodikova [14]

Answer:

The correct answer is (a)- Integrated cost leadership/differentiation.

Explanation:

Companies that integrate strategies instead of relying solely on a generic strategy are able to adapt quickly and learn new technologies. Products manufactured under the leadership of integrated costs-differentiation strategy are less distinctive than differentiators and the costs are not as low as the cost-leader, but combine the advantages of both approaches. A somewhat distinctive product that is mid-range in price can be a big attraction for customers than a cheap generic product or an especially expensive one.

8 0
3 years ago
Mary's a marketing manager for a nationwide restaurant chain. She's considering which channel she should use to advertise her re
Vilka [71]

Answer:

Television

Explanation:

By doing the promotion in a television could be beneficial for the company as most of the audience are habitual to see the television and ofcourse many of them could aware of the company product by seeing the attractive schemes that ultimately benefit to the company and the customers

So in order to upgrade the menu, Mary used traditional channels and to reach to a broad audience, the television is one of the most traditional channel used

8 0
3 years ago
If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution,
xenn [34]
<h3>Hello there!</h3>

Your question asks if you offer up your car as a demonstration that you will pay off your loan, would your car be used as collateral?

<h3>Answer: True</h3>

The reason why your answer would be "True" is because you're offering up your car for something that could not be very certain to do.

If you offered your car as a demonstration to pay off your loan, but you don't pay off the loan, the bank has every right to take the car from you, due to the fact that the car is on collateral.

Collateral is known as something that is "forfeited" or "security" for a repayment of a loan.

In this situation, you're offering your car as collateral if you don't pay the loan back. And if you don't pay the loan back, you're going to forfeit your car to the bank in order for them to use it as a way to get money to pay off the loan themselves. Banks, bail bonds, etc. usually have people put things up for collateral to keep a "safe" measure for the loan, due to the fact that they're giving people instant money. It's just a "security" or "safety" procedure banks due in order to get something in return if the loan is not paid off, so they won't be losing money or leave empty handed.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
5 0
3 years ago
On the end-of-period spreadsheet, Accumulated Depreciation has a balance of $600 in the Unadjusted Trial Balance column and an a
Viefleur [7K]

Answer:

D. A credit of $800

Explanation:

The accumulated depreciation is the total depreciation over the years of use of an asset. It usually has a credit balance.

Hence where Accumulated Depreciation has a balance of $600 in the Unadjusted Trial Balance column and an adjustment of $200 in the Adjustments Credit column, the total balance in the Adjusted Trial Balance column is the sum of the two credits

= $600 + $200

= $800 (credit)

3 0
4 years ago
Question 6 found on the warka vase, the convention of hierarchy of scale indicated ____. order of the gods the first families th
Radda [10]

The answer is that it indicated the order of "greater importance".

A hierarchy refers to an arrangement of things (objects, names, values, classes, and so on.) in which the things are represented to as being "above", "beneath", or "at an indistinguishable level from" each other. A hierarchy can connect elements either specifically or in a roundabout way, and either vertically or diagonally.  Authoritative structures exist that are both unconventional and correlative to hierarchy.

6 0
3 years ago
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