Answer:
$1023.98
Explanation:
Using the standard notation equation for annual payment and for arithmetic gradient to calculate the present worth of a unit's costs; we have the following corresponding expression.
P = A (P/A, i, n) & P = G (P/G, i, n)
where;
A = annual payment
G = arithmetic gradient
n = number of years
i = annual interest rate
From the question;
the payment period = compounding period
∴ quaterly interest rate = 3%
The present worth value of the unit's cost is therefore shown as
P = 90 (P/A, 3%, 12) + 2.5(P/G, 3%, 12)
P = 90(9.954) + 2.5(51.2481)
P = $1023.98
∴ The present worth value of the unit's cost = $1023.98
There are different kinds of group. Focus groups involve researchers secretly acting as consumers in order to gather data on the customer experience is a true statement.
<h3>What are Focus groups?</h3>
Focus groups are known to be an effective and popular market research methods that is often used.
They are known to be used to compile qualitative data and in-depth insights, they help researchers to collect a lot of information on anything from products and services to areas of beliefs and perceptions so as to show the true customer attitudes and opinions.
learn more about Focus groups from
brainly.com/question/2290843
Answer:
The Annual payment to be made is $445,327
Explanation:
The computation of the annual payment is shown below;
As we know that
The Present value of assets = Annual payment to be made × Present value annuity factor (i%,n)
$2,400,000 = Annual payment to be made × Present value annuity factor (7%,7)
$2,400,000 = Annual payment to be made × 5.3893
So,
The Annual payment to be made is $445,327
Answer:
The statement is true. Because they can control product price, monopolists are always assured of profitable production by simply charging the highest price consumers will pay.
Explanation:
In economics, a monopoly is a term that describes an industry or other economic sector where control rests with one supplier as that supplier is the only one supplying the market. In theory, that means total control or "complete monopoly" but in practice most monopolies today are "quasi-monopolies", with a supplier dominating the market almost completely but with the space for a few small companies as well. The monopolist can get a high price for his product by limiting market supply so that the supply of goods is less than the demand for it.
