This shorter payback period is positive and beneficial to the consumer, as it allows for harmony with amortization expenses.
We can arrive at this answer because:
- A short payback period is beneficial because of its relationship to amortization, as long-term debt allows this amortization to take place.
- These amortization expenses allow the cost of long-term assets to be represented in the payment.
- However, when the short-term payback period allows for amortization, causing the asset's value to be reduced by the amount that will be paid by the consumer.
In this case, we can state that in cases like the one shown in the question above, the short payback period is very beneficial and interesting to the consumer, as it can promote economic benefits.
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un u get the numbers then subtract them and come good with the answer
<span>1. Find a good spot to store your records--neither too cool, too hot, or exposed to direct light / water.
2. Make use of the original sleeves.
3. Make your own sleeve out of wax / butcher paper if the original is inaccessible.
4. Intersperse records with rigid cardboard inserts to keep from accidental bending.
5. Keep records tightly compacted to avoid wiggle room / slippage.
6. Return to sleeve immediately after use, and have fun!</span>
Answer:
The amount to be deposited each year till retirement = $2,287.31.
Amount needed on the retirement date = $2,343,311.99.
Explanation:
Amount needed on the retirement date in order to support the withdrawals post retirement is $2,343,311.99.
calculated using the PV function of Excel as follows: See the first attached file
The amount to be deposited each year till retirement is $2,287.31.
calculated using PMT function of Excel as follows: See attache file 2
Answer:
False
Explanation:
A sustaining innovation improves existing products. It does not create new markets or value markets, but develops existing ones with better value, allowing companies to compete against each other’s sustaining improvements. A sustaining innovation targets demanding, high-end customers with better performance than what was previously available. Some sustaining innovations are the incremental year-by-year improvements that all good companies grind out. Other sustaining innovations are breakthrough, leapfrog-beyond-the-competition products. It doesn’t matter how technologically difficult the innovation is, however: The established competitors almost always win the battles of sustaining technology. Because this strategy entails making a better product that they can sell for higher profit margins to their best customers, the established competitors have powerful motivations to fight sustaining battles. And they have the resources to win.
