Answer:
The correct answer is the option D: strongly correlated with the degree to which the industry's driving forces make it harder or easier for the new entrants to be successful.
Explanation:
To begin with, the entry of new competitors to the industry is regulated upon many factors that tend to make the procedure more or less difficult. Moreover, the entrance of the new companies will generate a change in the industry depend if the barriers are high or low and therefore that in certain industries the driving forces will complicate as much as they can the entrance due to the fact that there are few competitors already in the industry or because there are possession of special supplies and that is strongly correlated to the strength or wearkness of the potential entry of rivals at the industry.
I would say C or D. Remember, bombastic words are not required.
Answer:
certificate of deposit
Explanation:
A certificate of deposit (CD) is a financial instrument sold by banks
The bank gives this CD to Gwen. She cannot withdraw the cash until July 1, 2023
The certificate of deposit are risk-free investment. The difference with savings account is that a certificate of deposit has a fixed term and fixed interest rate and it is create with the idea of holding the title until maturity. Not doing so, may inccur in penalties so a portion of the interest will be negate.
As this is a financial instrument, the bank issued a title to the investor to recognize his investment.
See the formula of the future value of annuity ordinary through Google
Solve for PMT
PMT=10,000,000÷(((1+0.09)^(10)
−1)÷(0.09))=658,200.89
