Answer:
Periodic payment = $3,881.88 (Approx).
Explanation:
Given:
Present value of annuity = $36,500
Rate = 6.5% = 0.065
Number of payment = 15
Computation:
![Present\ value\ of\ annuity = periodic\ payment[\frac{1-(1+r)^{-n}}{r} ]](https://tex.z-dn.net/?f=Present%5C%20value%5C%20of%5C%20annuity%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5D)
![36,500 = periodic\ payment[\frac{1-(1+0.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-(1.065)^{-15}}{0.065} ]\\\\36,500 = periodic\ payment[\frac{1-0.388826524}{0.065} ]\\\\36,500 = periodic\ payment[\frac{0.611173476}{0.065} ]\\\\36,500 = periodic\ payment[9.40266886 ]\\\\periodic\ payment = 3,881.87658](https://tex.z-dn.net/?f=36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281%2B0.065%29%5E%7B-15%7D%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-%281.065%29%5E%7B-15%7D%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B1-0.388826524%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B%5Cfrac%7B0.611173476%7D%7B0.065%7D%20%5D%5C%5C%5C%5C36%2C500%20%3D%20periodic%5C%20payment%5B9.40266886%20%5D%5C%5C%5C%5Cperiodic%5C%20payment%20%3D%203%2C881.87658)
Periodic payment = $3,881.88 (Approx).
Answer:
The correct option is B: Gap 2
Explanation:
The gaps model of service quality, which is also referred to as the 5 gaps model is a vital framework used by organization to ensure customer satisfaction. The Gap 2 model is normally between the perception of the management and what the actual experience of the customer is. In the Gap 2, managers always ensure that organization are delivering and defining the level of quality service they need. From the question Fedex is dealing with actual customer-defined performance standards and this indicates that they are a closing provider of the gap 2 of the gaps model of service quality.
Set a timeline
A time can be seen as a course of events, by making a course of events for your objective you move it into the present and increment your sense of duty regarding accomplish your objective. A timetable is a show of a rundown of occasions in sequential manner. It is commonly a visual communication demonstrating a long bar named with dates close by itself and normally occasions.
Answer:
-0.10
Explanation:
To calculate this, we us the formula for calculating elasticity of demand (E) relevant for the demand equation as follow:
E = (P / Q) * (dQ / dP) .............................. (1)
Where,
Q = 30
P = 90
E = -0.3
dQ / dP = b = ?
We then substitute all the value into equation (1) and have:
-0.3 = (90 / 30) * b
-0.3 = 3 * b
b = -0.3 /3
b = -0.10
Therefore, appropriate value for the price coefficient (b) in a linear demand function Q is -0.10.
NB:
Although this not part of the question, but note that how the linear demand function will look can be obtained by first solving for the constant term (a) as follows:
Q = a - 0.10P
Substituting for Q and P, we can solve for a as follows:
30 = a – (0.1 * 90)
30 = a – 9
a = 30 + 9 = 39
Therefore, the linear demand equation can be stated as follows:
Q = 39 – 0.1P
Selfish, self-centred, self-seeking, self-serving, tactless, greedy.
