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2 years ago

How does the service enterprise contribute to the economic growth of the country?

Business

1 answer:

Juli2301 [7.4K]2 years ago

8 0

Answer:

Entrepreneurs boost economic growth by introducing innovative technologies, products, and services. Increased competition from entrepreneurs challenges existing firms to become more competitive. Entrepreneurs provide new job opportunities in the short and long term.

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Find the principal needed now to get the given amount; that is, find the present value.To get $ 90 after 2 and three fourths y

Kisachek [45]

Explanation:

For continuous compounding, we use the following formula

$FV_{N} = PVe^{i N}$

Scenario 1 :

FV = $ 90

N = 2 years

I = 6%

PV= ?

$FV_{N} = PVe^{i N}$

$90 = PVe^{(0.06) (2)}$

$\frac{90}{e^{(0.06) (2)}} = PV$

$PV = 79.8228$

PV = $ 79.82

Scenario 2:

$FV_{N} = PVe^{i N}$

$90 = PVe^{(0.06) (3)}$

PV = $ 75.17

Scenario 3:

$FV_{N} = PVe^{i N}$

$90 = PVe^{(0.06) (4)}$

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2 years ago

List two reasons why it is a good idea to analyze all the cost(s) of using a credit card before making a purchase.

beks73 [17]

1. Your parents don’t yell at you
2. You can manage your money evenly

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Kimberly is purchasing a new car whose MSRP is $24,650. She is trading in her old car for $6000 and being upgraded to a premium

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A method of dispersion that gives us an overall picture of the gap between all the data within a data set is

Bingel [31]

Answer:

The correct answer is letter "D": Standard deviation.

Explanation:

Standard deviation is a measure used to count the deviation or dispersion of a group of numeric data. In Business, the standard deviation is a measure applied to the annual rate of return of an investment to measure the investment's volatility. Every time a stock or a mutual fund is purchased their expected return is weighted against their inherent risk. The past gain or losses of investment is easy to look up but gauging is more complex.

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However starting a unique business of consulting the managers is an example of innovation.

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