The goal of low-cost approach is to reduce costs significantly so that you drive up the customers'

willingness to pay.

Indicate whether the statement is true or false

FALSE

Business

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In the growth of smartphones a new technology called _____ enables companies to send messages from automated applications to people on everything from alerts from their banks to special offers from retailers.

A. IM B. SMS C. M-commerce D. A2P E. CPD

Business

Assume you have a choice between two deposit accounts. Account X has an annual percentage rate of 12.25 percent but with interest compounded monthly. Account Y has an annual percentage rate of 12.20 percent with interest compounded continuously

Which account provides the highest effective annual return?

Business