The answer is market globalization. It is a term uniting
the advertising and selling of services and goods with a progressively codependent
and united global economy. It is marketing on a universal scale integrating or
taking commercial advantage of global operative differences, resemblances and chances
in order to meet global aims.
Answer:
PV= $11,889.05
Explanation:
Giving the following information:
Future Value (FV)= $13,000
Number fo periods (n)= 3*2= 6 semesters
Interest rate (i)= 0.03/2= 0.015
<u>To calculate the initial deposit, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 13,000 / (1.015^6)
PV= $11,889.05
Answer:
The correct answer is A. Both Laura and Cassie are correct.
Explanation:
Since Laura says that the present value of $ 700 to be received one year from today if the interest rate is 6 percent is less than the present value of $ 700 to be received two years from today if the interest rate is 3 percent, and Cassie says that $ 700 saved for one year at 6 percent interest has a smaller future value than $ 700 saved for two years at 3 percent interest, to determine who is right, the following calculations must be performed:
700 x 1.06 = 742
700 x 1.03 ^ 2 = 742.63
Therefore, both Laura and Cassie are correct in their claims.
Answer:
C. $5,150
Explanation:
Calculation for what will be the value of interest payment at the end of fifth year in real dollars
First step is to calculate the Interest amount per year
Interest amount per year = 100,000*6%
Interest amount per year = $6,000
Now let calculate the value of interest payment at the end of fifth year in real dollars
Value of interest payment in 5th year in real dollars = 6,000/(1+3.1%)^5
Value of interest payment in 5th year in real dollars= 6,000/1.164913
Value of interest payment in 5th year in real dollars= $5,150
Therefore the Value of interest payment in 5th year in real dollars will be $5,150
Answer:
c. $10,000.
Explanation:
Gross domestic product is the sum total of all goods produced in a country in a given period. Sale of used good are not considered in GDP because the original value of the used item would have been recorded previously as GDP when it was first produced.
Therefore in this scenario the money paid for the house ($250,000) is not considered to be part of GDP since the original value of $90,000 would have been recorded as GDP 10 years ago.
However the commission of $10,000 that the real estate agent collected for his services is considered a contribution to GDP.