Answer:
15.18%
Explanation:
To calculate the nominal annual rate
The first step is to determine EFF% with this formula
EFF% = [1 + (Nominal rate percentage/Number of months in a year)]^Number of months in a year
Let's substitute into the formula
EFF% = [1 + (15%/12)]^12
EFF% = (1 + 0.0125)^12
EFF% = (1.0125)^12
EFF% = 1.1608 × 100%
EFF% = 116.08%
The second step is to find Rnom for quarterly compounding at 116.08% using this formula
Rnom compounding quarterly = (1 + (R/4))^4
Let's plug into the formula
Rnom compounding quarterly = (116.08%)^(1/4) Rnom compounding quarterly = 1 + R/4
Thus,
Rnom compounding quarterly = 15.18%
Therefore, Anne Lockwood should offer her customers a nominal rate of 15.18% compounded quarterly
Answer:
Dog
Explanation:
Dog products are categorized as those that currently possess a low market share along with minimal expected future growth. These products do not yield sufficient cash flow but require significant capital investments that could otherwise support cash cows or star products for better returns. Polaroid has seen a decline in its market share and is no longer in demand, indicating no predicted future growth. Thus, it is classified as a Dog product within the BCG Matrix.
Hi there!
The answer you seek is reciprocal independence.
This concept entails that various sectors of a business maintain ongoing communication with each other.
In contrast, sequential independence suggests reliance on the actions of others, which doesn't apply here.
Pooled independence indicates that different segments operate independently with minimal interaction, which accurately captures this scenario.
I hope this clarifies things!
