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wariber [46]
2 years ago
13

A car salesperson gives you four alternative ways to pay for your car. the first is to pay $18,000 today. the second is to pay $

19,000 one year from today. the third is to pay $20,300 two years from today. the fourth is to pay $21,500 three years from today. if the interest rate is 6 percent, which payment option has the lowest present value and which has the highest?
Business
1 answer:
vazorg [7]2 years ago
4 0
<span>b. The second is lowest; the third is highest.
</span>
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Theo Chocolate's early strategy to have a competitive advantage over other chocolate manufacturers involved: a.manufacturing mai
iVinArrow [24]

Answer:

Offering products that most customers would find exciting and would want to try

Explanation:

Gaining a competitive advantage is key to the survival of a manufacturer in a competitive market , In order to achieve this , a manufacturer has to come up with strategies to beat the competing producers in the market.

If Theo Chocolate can offer products that most customers would find exciting compared to the existing  conventional products in the market , this will attract customers as they like out trying new products and stick to it as long as the quality remains good. However , Theo will need to constantly improve on this maintain market dominance.

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2 years ago
Jeremy is studying the effects of income on the demand for Greek ceramics. If "ceteris paribus" is used, which factors would be
aliya0001 [1]

Answer:

B) all factors affecting demand, except income

Explanation:

Ceteris paribus can be used to identify the relationship between two specific variables, while leaving all other factors constant. In this case, since Jeremy is studying the effects of income on the demand (of anything really, not only Greek ceramics), it should affect all factors affecting demand except income. Jeremy is going to analyze how the quantity demanded changes when the income changes, all other things constant.

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2 years ago
A firm determines its profit by subtracting______ from _____ .
serious [3.7K]
<span>A firm determines its profit by subtracting total cost from revenue</span>
8 0
2 years ago
Read 2 more answers
Earl Miller, owner of a Papa Gino's franchise, wants to buy a new delivery truck in 6 years. He estimates the truck will cost $3
Studentka2010 [4]

Answer:

  • <u><em>No, he will not have enough money to buy his delivery truck at the end of 6 years.</em></u>

Explanation:

To find how much<em> money Earl Mille</em>r, <em>owner of Papa Gino's franchise</em>, will have in <em>6 years</em>, you must calculate the value of the <em>$20,000</em> that he <em>invests</em> at the <em>5% compounded semiannually:</em>

  • Semianual compounded interest: 5% / 2 = 0.05/2 = 0.025

Equation:

  • Value=Investment\times (1+r/n)^{(n\times t)}

Where r/n was already calculated: r/n = 0.05/2 = 0.025; and t is the number of years: 6.

        Value=\$20,000\times (1+0.025)^{(2\times 6)}\\\\Value=\$26,899.78

Hence the value of the money invested is less than the value of the truck, and <em>he will not have enough money to buy his delivery truck at the end of 6 years.</em>

3 0
2 years ago
Samir, the new CEO of Cloud Marketing, has been with the firm for over 25 years. He was picked by the board to turn the 85-year-
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Answer:

Embedding culture.

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Embedding culture requires determining your leadership style, role modeling, teaching, and coaching. It is seen in how rewards and status is given and to whom, and in our criteria for recruitment, selection, promotion and excommunication of members.

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