Answer:
The price of this car=$13,015.925
Explanation:
Given data:
Amount each year=$2,500
Time period=7 years
interest rate=8%
Required:
The price of this car=?
Solution:
The Formula we are going to use is:
Where:
PV is the price of car i.e present value
A is the payment made each year
n is the time period in which payments are paid
r is the interest rate
A=$2,500, r=8%=0.08, n=7
The price of this car=$13,015.925
The most accurate statement about marketing is that <u>B) It can help </u><u>create jobs </u><u>in the </u><u>economy </u><u>by </u><u>increasing demand </u><u>for </u><u>goods </u><u>and </u><u>services</u><u>.</u>
Marketing refers to the various methods a company is able to advertise itself and its products such that more people will becoming interested in it thereby leading to an increase in demand for their goods and services
If this happens to a company, they will be able to make more profit which will allow them to expand. Expansion needs more employees to work so the company will have to hire more people thereby creating jobs in the economy.
Other options are wrong because:
- Marketing is always important, even when goods are standardized
- Marketing has an impact on the intangible assets of a company especially goodwill
- Marketing is more important to smaller firms than larger ones
In conclusion, marketing leads to increased employment in an economy.
<em>Find out more at brainly.com/question/19485755.</em>
<u>Options for this question include:</u>
A) It is of little importance when products are standardized.
B) It can help create jobs in the economy by increasing demand for goods and services.
C) It helps to build a loyal customer base but has no impact on a firm's intangible assets.
D) It is more important for bigger organizations than smaller ones.
Answer:
Mal investment and an unsustainable economic boom followed by recession
Explanation:
According to the austrian view of the business cycle, if expansionary monetary policy pushes the interest rate to an artificially low level, the result will be MAL INVESTMENT AND AN UNSUSTAINABLE ECONOMIC BOOM FOLLOWED BY RECESSION
It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!
Listening,answers,Focus in class I think. I hope this help!
