Answer: (E) Focus group
Explanation:
The focus group is the term which refers to the diverse group of the various types of people that basically used the traditional market researcher for gathering the various types of opinions about the various types of products and the services.
The focus group is mainly used by the various types of organizations for analyzing the consumer feedback about the specific products in the market.
According to the given question, the focus group is one of the market research exploratory method that involve the product oriented various types of discussions.
Therefore, Option (E) is correct answer.
The correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
The calculation of the value of the monthly payments to be made by Renee can be ascertained by computing all the costs of such transaction and then division by the number of months available.
<h3>Calculation of Monthly Payments</h3>
The total principal net value of the car comes down to $19945 after adding all the costs and deducting the trade-in value of the old car at 85% of the total value.
The formula for the calculation of total annuity is as below and the values given are being applied,
Now the monthly payments over a period of four years will be,
So, a monthly payment of $655 needs to be made in order to purchase such a car.
Hence, the correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
Learn more about Monthly Payments here:
brainly.com/question/22891559
Hi! I hope this information
that I gave could help you.
<span>The one who created the
piece which was sold for the highest price way back in the 20th
century was the famous Dutch post impressionist painter, Vincent Willem Van
Gogh.</span>
Answer:
The profit cycle will be:
Dollar to Euro --> to pounds --> to Dollars
This yields a gain of 537.71 dollars
Explanation:
Dollar to Euro: 1.2 = 1
Then Dollar to Pound: 2.15 = 1
So: 1.2 Euro = 2.15 Pounds
1 Euro = 2.15 / 1.2 pounds = 1.791667
bank quote: 1 pound = 1.70 euro
<u>the bank rate allows for arbitrary </u> as it is not in equilibrium with the other exchange-rates
We will convert the 10,000 dollars into Euro: 8,333.33 Euro
Then we convert this into pounds: 8,333.33 / 1.7 = 4,901.96 pounds
Finally you convert the Britain currency into US currency again:
4,901.26 x 2.15 = 10,537.709