Answer:
$28,317.88.
Explanation:
The annual payment, PMT can be determined using a financial calculator as follows :
PV = $300,000
N = 20
P/YR = 1
R = 7.00 %
FV = $0
PMT = ?
Using a financial calculator, the annual payment, PMT is $28,317.88.
Please explain better in comments
I believe it's B but I am not positive. I'm taking the test right now.
Answer:
At this point in its growth, the company would be wise to hire a MarCom manager.
Explanation:
Marketing communications managers who are also known as MarCom managers are the professionals who are specialized in developing marketing strategies. They develop strategies which would grab the attention of the customers towards the products. Their role extends to enhancing the brand and developing it to a distinct level. In the above case, to increase the sale, the company should hire a MarCom manager to reach to the maximum customers.