Calculate the future value of $4,600 received today if it is deposited at 9 percent for three years
What will be an ideal response?
FV = PV (1+ r)n = $4,600(1.09)3 = $5,957
Business
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Which of the following is an example of the external natural environment for a manufacturer of metal lawn furniture?
A. A longer than usual distribution channel due to a rail strike B. Consumer trend toward treating gardens like another room C. The popularity of metal lawn furniture that looks vintage rather than newly bought D. A flood at the manufacturer's main warehouse E. Inflationary pricing by competitors
Business
Doubt that the correct product has been purchased is known as _____
a. psychological risk b. perceived risk c. cognitive dissonance d. information re-evaluation
Business