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A university administered the SERVQUAL survey to its customers as a way to assess its current position in the market. On the basis of 80 responses, the following averages were computed for the tangibles construct.
What is the difference for the tangibles dimension?
Rate of Interest
The interest rate a borrower is charged for loaned money from a lender.
Present Value
The monetary value in present terms of a sum of money to be received later or a flow of cash, using a defined return rate.
Compounding
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.
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