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user100 [1]
2 years ago
4

Mike baretta had $25 of his first monthly paycheck deposited in the bank. during each of the next 15 months, he increased the mo

nthly deposit by $5.00. how much money did he deposit in the bank in the 16 month period?
Business
1 answer:
tia_tia [17]2 years ago
5 0

In his first paycheck he deposited $25

2nd paycheck, he deposited $30 since he increased the contribution by $5

$35 in his 3rd, $40 in his 4th, $45 in his 5th, $50 in his 6th, $55 in his 7th, $60 in his 8th, $65 in his 9th, $70 in his 10th, $75 in his 11th, $80 in his 12th $85 in his 13th, $90 in his 14th, $95 in his 15th and $100 in his 16th

So the total mount deposited = 25+30+35+40+45+50+55+60+65+70+75+80+85+90+95+100 = $1,000

Total amount deposited in the bank during 16 month period = $1,000

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When banks try to make their positioning strategies tangible through the ________ dimension, they make sure the exterior and int
Andru [333]

Answer:

Place

Explanation:

When banks try to make their positioning strategies tangible through the <u>Place</u> dimension, they make sure the exterior and interior have clean lines, the layout of the desks and the traffic flow are planned carefully, and waiting lines are not overly long.

Positioning strategies: It is a strategy that choose one or two key area to focus on for brand and product growth in the market. Before implementing these strategies, it is important to understand the strength and weakness of the company, target customer need and competitor´s position in the market, it help in effective planning and achieve objective of the company.

There are several dimension to positioning strategies, depending on what kind of analysis firm want to conduct.

Here in the given case, Bank have used place dimension of positioning strategies, so that it can gain more customer attraction and keep service flow organized in the bank.

4 0
2 years ago
Xerox, the U.S. Postal​ Service, and​ McDonald's have enjoyed significant market power in the past. List and explain three major
Elena L [17]

Answer:

Correct Answer:

E. fewer substitutes are available because consumers are more sensitive to prices.

Explanation:

<em>Market power is the ability of a company to successfully influence the pricing of its products or services in the overall marketplace. </em><em>This is common among most big corporations that produces consumer goods and offer services. </em>

This market power can be influenced by some factors. On the other-hand, the market power could be eroded leading to inability of the companies to influence prices do to the following:

1.<u> Number of companies in the market:</u> The lower the companies producing same product in the market, the higher the chances of the companies to be able to influence market prices. Otherwise, the market power will be eroded due to high number of companies.

2. <u>Elasticity of demand:</u> The persistent demand of a product by people helps to determine the market power of those companies. When this is lacking, the market power is eroded.

3. <u>Product differentiation:</u> The ability of a company to provide a unique product that offers good services in a market helps it to achieve market power. Lack of these erodes the market power.

3 0
2 years ago
a) Terry wants to know the holding period return for a stock that he bought a year ago for $100 per share. The stock is now wort
USPshnik [31]

Answer:

holding period yield is 9.25%

Dividend yield is 0.25%

Capital gains yield is 9.00%

Explanation:

Holding period yield is the total return that accrues to an investment over a period which the investment is owned.

Holding period yield=(Current price-Initial price+dividend)/initial price

current price is $109

initial price is $100

dividend is $0.25

holding period yield =($109-$100+$0.25)/$100

                                  =9.25%

Dividend yield =dividend/initial price

                        =$0.25/$100

                        =0.25%

Capital gains yield=(Current price-initial price)/initial price

                              =($109-$100)?$100

                              =9.00%

Invariably holding period yield is the dividend yield plus capital gains yield.

6 0
2 years ago
Read 2 more answers
Pineapple Enterprises has an outstanding liability that will require them to pay Apple Co. $50,000 in 5 years. How much cash wou
Anna007 [38]

Answer:

$33,648.57

Explanation:

The computation of Required deposit today is given below:-

For computing the required deposit today first we need to find out the present value

Present value of 1 = (1 + i)^-n

= (1 + 0.02)^-20

= 0.67297133

Where, i = 8%/4

= 0.02

n = 5 × 4

= 20

Required deposit today = Future value × Present value of 1

= $50,000 × 0.672971      

= $33,648.57

4 0
2 years ago
Population momentum is primarily dependent on the number of individuals in that population who are:
Daniel [21]
The large number of the population in childbearing age
7 0
2 years ago
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