Answer:
The equal monthly payment is $3,068.20
Explanation:
The equally monthly payments can be computed using the pmt formula in excel.
=pmt(rate,nper,pv,fv)
rate is the monthly nominal rate of 6%/12=0.5%
nper is the number of monthly payments required which is 4*12=48
pv is the current value of the bicycle of $170,000
fv is the worth balance of the financing arrangement at the end of fourth year that should be paid once ,$50,000 balloon payment
=pmt(0.5%,48,-170000,50000)
=$3,068.20
Note that the interest is one month interest rate as the payment is expected monthly.
Answer: ADD BELIEF STRATEGY
Explanation:In the given case Pepsi used the add beliefs strategy to change the mindset of the customers in the market. The add belief strategy in marketing is focused on increasing the confidence of the customer in the product.
By adding the freshness date on the cans, Pepsi was sending a message that they care for the health of the customers, thus, winning their confidence.
Answer:
$30, 154.50
Explanation:
For compute the maximum amount, we need to calculate the present value which is shown below:
Present value would be
= Paying amount for five years × PVIFA factor at 11.2% for 5 years
= $8,200 × 3.6774
= $30,154.68 approx
Simply we multiplied the paying amount with the PVIFA factor to get the maximum paying amount
And, refer to the PVIFA table
Answer:
b. $79,800
Explanation:
the commission is split in two equal part
one for the listing broker and one for the selling broker.
if the selling kept 2,593.5
then, the listing also receive 2,593.5
We add them and obtain the total commission: 5,187
This represent the 6.5% of the property
now, we calculate for the total value of the real state:
property x broker commision = broker proceeds
property x 6.5% = 5,187
property = 5,187/6.5% = 5,187/.065 = 79,800
Answer:
PART A
The saying means that it should remove the economic incentives when it has reached its peak in order to prevent it from impacting negatively on the economy.
PART B
(1) It can lead to Inflation.
(2) it can lead to reduced Productivity within the economy.
Explanation:Central banks all over the world are known to put incentives and Stimulus factors in place in order to help improve, resuscitate or sustain the economy in terms of crisis, but the impacts of the Incentives or Stimulus programs of the central banks can lead to certain negative consequences if not effectively monitored or removed when necessary.
SOME OF THE NEGATIVE CONSEQUENCES WHICH CAN ARISE IF THE INCENTIVES OR STIMULUS PROGRAMS USED TO SUSTAIN THE ECONOMY ARE NIT REMOVED EXAMPLES INCLUDE IT CAN LEAD TO INFLATION,IT CAN LEAD TO REDUCTION IN THE OVERALL PRODUCTIVITY WITHIN THE ECONOMY ETC.
