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dexar [7]
2 years ago
5

Alexis want to buy a house in 5 years. She wants to save $75,000 over the next five years for a down payment. If she can earn an

annual rate of 9% on her savings, how much must she deposit in equal payments at the end of each month for the next five years to reach her goal

Business
1 answer:
kotegsom [21]2 years ago
5 0

Answer:

the monthly payment is $994.38

Explanation:

For computing the deposit amount made in equal payment for the next five years we need to apply the PMT formula i.e. to be shown in the attachment below:

Given that,  

Present value = $0

Future value or Face value = $75,000

RATE = 9% ÷ 12 = 0.75%

NPER = 5 years × 12 = 60 years

The formula is shown below:  

= PMT(RATE;NPER;PV;-FV;type)  

The future value come in negative  

So, after applying the above formula, the monthly payment is $994.38

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50 POINTS!!! for the best answer
timurjin [86]

Answer:

<u><em>1. an advertising technique that uses a new kind of technology to communicate its message </em></u>

Mobile video advertising

Mobile video consumption is growing rapidly and providing advertisers with a way to reach consumers when they are paying attention. Between Q3 2012 and Q3 2014, smartphone and tablet video consumption grew 400 percent and now accounts for 30 percent of all online videos played, according to Ooyala’s Global Video Index. This trend has been helped along by the expansion of fast 4G/LTE coverage. The bigger iPhone 6 screen and the popularity of other ‘phablets’ (large-screen smartphones) also reflect the growing importance of mobile video. As phablets saturate the market, they will in turn feed the growth of mobile video.

2. an advertising technique that is most effective at the point of sale (i.e. at the moment the customer purchases the product)

The display of candy bars within immediate reach reminds you that you’re a little hungry, so you grab one (it’s on sale). Oh, and that magazine looks interesting. You’re already reading an article when you get to the cash register, where the teller asks if you want to donate $1 to a charity; and doing so, you write your name on a little heart placard that gets placed on the wall with a hundred other hearts from other donators. Finally, you complete your purchase(s) and get your receipt—with several extra items you hadn't expected to buy.

Point of sale marketing refers to all efforts that increase sales at the point the purchase is actually made. Primarily this revolves around a cash register (although a point of purchase for a business might be a meeting table, or an Internet page), and is a staple of retail and restaurant environments

3. a real-world case study of a company that was legally penalized for making false advertising claims

On March 29, 2016, the Federal Trade Commission (FTC) filed a lawsuit against Volkswagen, which claimed that the car company had deceived customers with the advertising campaign it used to promote its supposedly "Clean Diesel" vehicles, according to a press release.

In 2015, it was exposed that VW had been cheating emissions tests on its diesel cars in the US for the past seven years.

The FTC alleged that "Volkswagen deceived consumers by selling or leasing more than 550,000 diesel cars based on false claims that the cars were low-emission, environmentally friendly."

3 0
1 year ago
Isa is head of housekeeping services at the Ashworth Hotel, a luxury hotel and resort. Last week, she received 29 customer compl
Lena [83]

Answer:

c. 67,757 errors per million opportunities

Explanation:

The computation of the errors per million opportunities is shown below:

= Customer complaints last week ÷ total guest stayed in that week × 1,000,000

= 29 customers ÷ 428 guests × 1,000,000

= 67,757 errors per million opportunities

Hence, the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
1 year ago
Imagine you are the director of global business development for a large Swedish engineering company that wants to win a contract
Nesterboy [21]

Answer: I would reject his demand for bribe straight away and i will recommend senior management to protect business ethics at all cost.

Explanation: first of all i would not accept the demand of bribe from the official and would try to report this corruption to the concerned authorities.I would try to pressure the authorities to take strict actions against the official and to make the process to be fair and honest in every way.

I as a representative of my company would recommend senior management to take hands off from the project until appropriate actions are taken by the authority as getting into unethical actions might result in problems in future .

5 0
1 year ago
Which of the following is not associated with firms following the global standardization strategy? A. Low pressures for local re
zvonat [6]

Answer:

The correct option is D. Customize product offering and marketing strategy to local conditions

Explanation:

Global standardization strategy refers to the ability to use a particular standard of marketing internationally. In other words, it's the ability for an organization to use the same marketing strategy from one country to another country, and across various cultures.

What this means is that an organisation using the global standardization strategy will treat the world as largely one market and one source of supply with little local variation.

Therefore, the firms following the global standardization strategy will not Customize product offering and marketing strategy to local conditions .

4 0
2 years ago
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andriy [413]
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