Answer:
A small amount of inflation can be really good for the economy. It can boost consumer demand and consumption. This encourages spending and investing.
Answer:
A. Act Again
Explanation:
In business, tracking a progress is made to ensure that you make a constant improvement within your operation.
During the observation process, you'll notify the things that can either become a hindrance or improvement to your operation. During the adjustment process, you'll eliminate the hindrance and add the things that can become the improvement into the plan.
After both of these were done, you need to act to execute the plan and check the progress again. This will form a cycle that you need to do throughout the operation.
Netflix's products are targeted towards the lower-middle class and up, specifically targeted to people (or households) with income levels of $30,000 and up. In addition, Netflix offers movie and TV titles that appeal to many racial/ethnic groups with its array of foreign and international films.
A great example of market saturation is Netflix. While new streaming services are in the introduction and growth stages, the market originator has reached its saturation point.
In the fourth quarter of 2019, Netflix accounted for 40% of the market. By Q3 2020, it was at 36%. Below is where each major streaming service stands in market share in the US as of Q4 2020, according to data from Antenna: Netflix — 34%
The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.
<h3>
How to calculate the value?</h3>
We use the formula:
A=P(1+r/100)^n
where
- A=future value
- P=present value
- r=rate of interest
- n=time period.
Hence future value Javier will be:
=$15000*(1.052)^27
=$58,954.40
For Alex:
58,954.40=P*(1.062)^27
P=58,954.40/(1.062)^27
=$11618.61
Hence difference will be:
=15000 - 11618.61
= $3381.39
Learn more about interest on:
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