Answer:
the present value is $13,588.97
Explanation:
The computation of the present value of the retreading operation is shown below:
As we know that
Present value = Future value ÷ (1 + rate of interest)^time period
= $2,700 ÷ 1.09^1 + $2,700 ÷ 1.09^2 + $2,700 ÷ 1.09^3 + $2,700 ÷ 1.09^4 + $2,700 ÷ 1.09^5 + $2,700 ÷ 1.09^6 + $2,700 ÷ 1.09^7
= $13,588.97
Hence, the present value is $13,588.97
There is more drama involved in unmet expectations.
The reason why customers are more likely to tell their friends about negative experiences with companies than positive ones is that humans often remember the hateful things said than the nice things
Also, when customers are satisfied with one's service, they rarely tell others. whereas an unsatisfied customer would tell others about his or her bad experience due to unmet expectations.
Logically, customers would have bigger impressions in their mind when they have bad experiences reason companies work on strengthening and improving their customer experience team.
Learn more at : brainly.com/question/11437477
Suppose the federal reserve (The Fed ) announces that it is lowering its target interest rate by 75
basis points or 0.75% . It would achieve this by shifting the supply curve of the money to the...
Answer:
Pension benefit plan
Explanation:
A pension benefit plan is one where an employee promises to make a lump payment or a series of payments to an employee on retirement.
There is a guaranteed payment for the employee upon retirement.
It includes employee's pay, years of employment, and age at point of retirement.
As the pension benefit plan takes into consideration the number of years served by the employee it will be a perfect fit for Mr. Reuben's staff.
