Answer:
8.45%
Explanation:
The formula to calculate the rate of interest is:
r = (1/t)(A/P - 1), where
r= Rate of interest
t= Time period: 15 years
A= Accrued amount: 245,000
P= Principal amount: 108,000
Now, you can replace the values to find the rate of interest:
r= (1/15)((245,000/108,000)-1)
r= (0.0667)(2.2685-1)
r= (0.0667)(1.268)
r= 0.0845 → 8.45%
According to this, the answer is that the rate of interst that you must earn to cover the cost of you child's college education is 8.45%.
Answer:
the product could not sell
the product could be poorly received/rated
the product could put your company into debt
if the product got bad reviews that looks bad for your business
Explanation:
Answer: The primary purpose of a mission statement is to state the reason for the existence of the business. The correct answer is D.
Explanation:
A mission statement is an important part of a businesses values. Every company should have a mission statement for their employees and their customers. The mission statement should be positive and set achievable goals for the future of the business. In the statement, a description of the location of the business should be included. The statement can include what types of customers are wanted and needed for the business to thrive.
In the context of the aio dimensions for measuring consumers' lifestyles, "a" stands for <span><em>activities</em></span>
Answer:
a. 3 cases
Explanation:
Given that
Number of cases sell in a week = 4 cases
Together the cases sold is 7 cases in a week
Based on the information, the atul marginal product is 3 cases as the marginal product refers to the additional per unit to the extra labor hired
The three cases is come from
= Together cases sold - Number of cases sell in a week
= 7 cases - 4 cases
= 3 cases