Answer:
The correct answer is C.
Explanation:
Giving the following information:
Jack would like to have $1.25M to retire in 35 years. He will get $375,000 the day he retires.
He can deposit funds in a money market account which earns 6.5% interest per year, and he would like to make yearly deposits.
<u>First, we need to calculate the final value required:</u>
FV= 1,250,000 - 375,000= $875,000
Now, using the following variation of the final value formula, we can calculate the yearly deposit:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
FV= 875,000
n= 35
i= 0.065
A= (875,000*0.065) / [(1.065^35) - 1]= $7,054.48
The annual deposit is $7,054.48.
Answer:
Reachable
Explanation:
The reason is that the customer segment is not reachable because it is very difficult for the person access its customer and negotiate the terms and conditions along with its product offering. Furthermore, it is also very difficult for the Ryan to carry out a market research because of the issue that he cann't access his customers and hence he can't form an opinion that whether or not they must invest in this opportunity.
Answer:
a. Utilization= 30%
Efficiency= 42.85%
b. Utilization= 33.33%
Efficiency=40%
c. . Based on the calculations , the utilization will tend to relied on the design capacity and it may vary accordingly.
Explanation:
a. Calculation to Determine the utilization and efficiency for each
Calculation for utilization
Using this formula
Utilization = (Actual Output/Design Capacity)*100
Let plug in the formula
Utilization= (3/10)*100
Utilization= 30%
Using this formula to calculate for efficiency
Let plug in the formula
Efficiency = (Actual Output/Effective Capacity)*100
Efficiency= (3/7)*100
Efficiency= 42.85%
b. Calculation for utilization
Using this formula
Utilization = (Actual Output/Design Capacity)*100
Let plug in the formula
Utilization= (2/6)*100
Utilization= 33.33%
Using this formula to calculate for efficiency
Let plug in the formula
Efficiency = (Actual Output/Effective Capacity)*100
Efficiency= (2/5)*100
Efficiency=40%
c. In a situation where the design capacity is High this means that there is likelyhood that the utilization could be lesser despite the efficiency was high.
Therefore based on the above calculations , the utilization will tend to relied on the design capacity and it may vary accordingly.
Answer:
1.Potential Access to a Global Market:
The internet is an excellent tool for increasing the visibility of your business. The internet overlooks physical borders, thereby giving your products and services heightened exposure to a global audience. This can lead to increased sales, as your business offer reaches new markets that would otherwise be beyond your physical reach, especially if you are a small business owner
2.Reduced Marketing Costs:
With the rise of the internet, there has been a huge increase in various social media platforms. These platforms that are designed to connect people with one another become powerful, relatively low-cost marketing channels that can be utilized by both large and small enterprises. The internet means that you can put your products and services right in front of your target market without using the help of a formal marketing agency to do it for you, but at a much greater cost.
3.Reduced Building Overhead:
Many jobs and business functions can be performed online. This means that incorporating the internet into your business functions could open up an opportunity to have remote staff who can work from home, thereby reducing the cost of having an office building.
4.Automated Systems and Resource Sharing:
The internet has enabled a million and one ways you can make your life easier as a business owner. You can do your bookkeeping and customer service care online, and get bespoke solutions that automate how customers purchase your goods and services. In short, it can streamline processes while saving valuable work hours from performing tedious tasks.
5. Online Sales
Some people are too lazy or busy to drive all the way to your brick-and-mortar business to purchase something.Instead of leaving their house or cutting something from their schedule, these people like to purchase things online that will be delivered to their door.To get more sales, you want your business to cater to these people. Therefore, you want to allow people to be able to buy your services and products online.