Answer:
Instructions are listed below
Explanation:
Giving the following information:
You have just made a $1,500 contribution to your retirement account. Assume you earn a rate of return of 8.7 percent and make no additional contributions.
To find the final value we need to use the following formula:
FV= PV*(1+i)^n
A) n= 25
FV= 1500* (1.087^25)= 12073.41
B) n= 20
FV= 1500*(1.087^20)= $7955.77
Answer:
Actual product
Explanation:
The first stage is core customer value which the company considers because this is what the customer is desiring. The second level is conversion of that core customer values into an actual product. And the last level but not least is augmented product. At this level, the company adds additional features and benefits in the product to make it attractive to its customers
Answer:
15.44 years
Explanation:
Using both excel rate function and financial calculator, the time taken to repay the debt can be computed thus:
Excel rate function:
=nper(rate,pmt,-pv,fv)
rate= interest rate=4%
pmt=yearly payment=c
pv=loan oustanding=-39000
fv=the balance after all payments should be zero=0
=nper(4%,3435,-39000,0)= 15.44 years
Financial calculate
PMT= 3435
RATE=4
PV=-39000
FV=0
CPT N=15.44 years
This means a payment of $3,435 per year for 15 years and $ 1,511.40 ($3,435*0.44) in the sixteenth year
Answer:
It's either C or D but I feel like it's C, sorry if I am wrong
If Frank is researching the number of those that have gluten or wheat allergies then he is involved in planning.
<h3>What is planning in business?</h3>
In the world of business, planning has to do with the setting of goals and objectives for the business and the various ways that the goals would be achieved.
Planning usually carries most of the ways that the business plans to achieve its set goals and objectives.
Read more on planning here:
brainly.com/question/24864915
