In a formal proposal, how do you determine the organizational approach to use in the letter of transmittal?
What will be an ideal response?
Answer: How you handle the letter of transmittal depends on whether the proposal is solicited or unsolicited. If the proposal is solicited, the transmittal letter follows the pattern for positive messages, highlighting those aspects of your proposal that may give you a competitive advantage. If the proposal is unsolicited, the transmittal letter follows the pattern for persuasive messages, since it must persuade the reader that you have something worthwhile to offer.
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The National Banking Act of 1864 provided for:
a. federally chartered banks b. the establishment of a system of central banks c. deregulation and monetary control d. the establishment of deposit insurance
Nico is 30 years old and will retire at age 65. He will receive retirement benefits, but the benefits are not going to be enough to make a comfortable retirement life for him
Nico has estimated that an additional $25,000 a year over his retirement benefits will allow him to have a satisfactory life. How much should Nico deposit today in an account paying 6 percent interest to meet his goal? Assume Nico will have 15 years of retirement.