Answer:
PV = $155,343
Explanation:
This question requires application of PV of annuity, according to which:
PV = p [1-(1+r)^-n/r]
P= Periodic Payment
r = rate of period
n = number of periods
r = 3%/12 = 0.25% (monthly), n = 120, P = $1500
PV = 1500 * [\frac{1 - (1 + 0.0025)^{-120}}{0.0025}]
PV = 1500 * 103.5618
PV = $155,343
Routine purchases may only require internal information search, whereas one-time high expense purchases require more external information search time.
<h3>What is
Routine purchases?</h3>
The routine purchases are one that people make to seek for little decision-making, however this purchases are made with “programmed behavior.
Hence , Routine purchases may only require internal information search, whereas one-time high expense purchases require more external information search time.
Find out more on Routine purchases at brainly.com/question/26242633
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<span>The criteria for white-collar crime can include offense elements criminology. To take offense to something is being resentful about an insult or disregard for one's standards, values, principles. In this statement, they are saying that white-collar (the rich) crime typically stems from offensive language or happenings. </span>
Answer:
Below:
Explanation:
An extension strategy is a practice used to increase the market share for a given product or service and thus keep it in the maturity phase of the marketing product lifecycle rather than going into decline. Extension strategies include rebranding, price discounting and seeking new markets.
Hope it helps...
It’s Muska..≧◔◡◔≦
<span>Small businesses are hesitant to involve in global business because it involves various trade laws or tariffs. Taking that kind of plunge in the business world for a business of small scale is risky situation or at least the small business owners feel. Sometimes this would be the turning point for these businesses to break out huge.</span>
