In this problem, we need to find the length of an annuity. We already identified the interest rate, the PV, and the payments.
Using the PVA equation: PVA =C({1 – [1/(1 +r)t]} /r
$18,000 = $750{[1 – (1/1.019) t] / 0.019}
Then solve for t:
1/1.019t= 1 − {[($18,000)/($750)](0.019)}
1/1.019t= 0.544
1.019t= 1/(0.544) = 1.838
t= ln 2.193 / ln 1.019 = 32.34 months or 2.7 in years
Answer:
No
Explanation:
to determine if another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded, we have to determine the price elasticity of demand.
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
8% / 10% = 0.8
demand in inelastic so a 10% reduction in price would lead to a less than 8% change in quantity demanded
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Answer:
The correct answer is option B.
Explanation:
The Worthingtons have a motor home valued at $165,000.
Their car is worth $32,000.
They have investments worth $200,000.
Their savings is worth $20,000.
They have medical bills worth $1,300.
Their credit card balance is $3000.
Their net worth will be
= Assets - Liabilities
= $(165,000 + $32,000 + $200,000 + $20,000) - $(1,300 + 3000)
= $417,000 - $4,300
= $412,700
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Product development and commeercialization.
b) Supplier-relationship management.
c) manufacturing flow management.
d) Returns management.
The correct answer is the option B: Supplier-relationship management.
Explanation:
To begin with, in the business management field the concept known as "Supplier-relationship management" refers to the system used by the managers of a company with the purpose of improving the relationships specifically with the suppliers of it, therefore that it seeks for the better arrengements with them and how to develop better strategic ways of improving both parties benefits in their contracts. That is why that the SRM is focus on maximizing the value of the interactions between the company and its suppliers so therefore that the case presented by Nissan is related to the process of using an excellent SRM.
