The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.
<h3>
How to calculate the value?</h3>
We use the formula:
A=P(1+r/100)^n
where
- A=future value
- P=present value
- r=rate of interest
- n=time period.
Hence future value Javier will be:
=$15000*(1.052)^27
=$58,954.40
For Alex:
58,954.40=P*(1.062)^27
P=58,954.40/(1.062)^27
=$11618.61
Hence difference will be:
=15000 - 11618.61
= $3381.39
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Answer:
<em><u>In store promotion</u></em>
Explanation:
Brenda was planning a small dinner party and had gone to a new specialty food store with coupons he'd found in the food section of the paper. At the store she also found a buy one , get one free deal and a gift offered with the purchase of a particular dessert . She altered the menu as a result of the <em><u>promotion in store</u></em> and ended up spending less than she'd planned.
Promotion in sale is good tactic used bu the sores to increase their sales . Store's promotion attract people and they intend or desire to buy the product.It always helps the customer to remove their dissatisfaction as they can even physical touch the product and can know about the quality of the product . It builds a strong connection between the seller and the buyer. It helps i creating the brand loyalty . It helps in creating a good product image of the product in the mind of the the buyers.
Based on business strategies and production, the statement that is true about product life cycles is "Early adopters buy in the introductory phase."
<h3>What is the Life Cycle of a Product</h3>
The life cycle of a product is a term that is used to describe the proportion of time a product goes from being introduced into the market by the producers until it's taken off the shelve.
Usually, the product life cycle is in different stages, and each of the stages is important to the success of the products in the market.
<h3>The Life cycle of a product is the following:</h3>
- introduction,
- growth,
- maturity, and
- decline.
Generally, the in the introduction stage of a product's life the early adopters are the first category of consumers that try new products before most other consumers key into it.
Hence, in this case, it is concluded that the correct answer is option c. "Early adopters buy in the introductory phase."
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TRUE. In the early 1930s, as the nation slid toward the depths of depression, the future of organized labor seemed bleak. ... The tremendous gains labor unions experienced in the 1930s resulted, in part, from the pro-union stance of the Roosevelt administration and from legislation enacted by Congress during the early New Deal.
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