Ross purchased a new commercial vehicle today for $25,000. The entire amount was financed using a five-year loan with a 4 percent interest rate (compounded monthly). How much will Ross owe on his vehicle loan after making payments for three years (i.e., when two years of payments remain)?
A. $10,089.56
B. $10,602.44
C. $10,857.28
D. $11,345.77
E. $11,568.25
Answer: B
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When the management team noted the increased interest in bikes as a mode of commuting, bicycle manufacturer Sensta introduced utility bikes aimed at the urban commuter
In which of the following cases is the company following a plus-one pricing strategy? A) Sensta entered the market with a bike priced at $2,500, and later, as more competitors entered the market, reduced the price to $1,000. B) As the market for bikes in a particular city became saturated, Sensta raised the prices of its bikes hoping to gain maximum profit before exiting the market. C) With several competitors with similar product features in the utility bike market, Sensta concentrated on the sturdiness of its bikes, and raised the price of the basic model from $500 to $1,000. D) Sensta manufactures a basic model priced at $500, a bike with more features, priced at $1,500 and a deluxe model priced at $3,000. E) When Sensta entered the market, there were already competitors in the $1,000-$2,000 price range. Sensta introduced three bike models in the $500-$700 price range in order to capture market share, and later raised the prices of its products.
___________ accumulates when employees work toward the strategic goals of an organization to achieve competitive advantage.
a. Company morale b. Human capital value c. Return on investment d. Earnings per share
Equal dignity rule says that agents' contracts to sell property covered by the Statute of Frauds must be in writing to be enforceable
Indicate whether the statement is true or false
When a new product enters the product category the perceptual map changes.
a. True b. False