Which of the Following Equations Correctly Shows the Relation Between

question 19

Multiple Choice

Which of the following equations correctly shows the relation between the semi- annual rate (s) and the annual rate (R) ?

• A) 1 + s = 2(1 + R)
• B) (1 + s)2 = 1 + R.
• C) (1 + s)2 = 1 + R
• D) 2(1 + s) = 1 - R.

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Definitions:

Selling Price

The amount of money charged for a product or service, determined by cost, market demand, and competition.

Advertising Budget

The amount of money a company plans to spend on promotional activities over a certain period to market its products or services.

Monthly Sales

The total revenue generated from sales activities during a month.

Dollar Sales

The total value of all sales in dollars over a specific period of time.