Polaroid,founded in 1937,produced the First Instant Camera in the Late

question 36

Multiple Choice

Polaroid,founded in 1937,produced the first instant camera in the late 1940s.The Polaroid camera,whose pictures developed themselves,was one of the most exciting technological advances the photography industry had ever seen.The company eventually went public,becoming one of Wall Street's most prominent enterprises,with its stock trading above US$60 a share in 1997.In 2002,the stock dropped to 8 cents and the company declared bankruptcy.This is an example of:

• A)Digital Darwinism.
• B)Increased richness.
• C)Business 2.0.
• D)None of these.

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Definitions:

Monthly Deposits

Regular payments or investments made into a particular account or scheme every month.

Investment

The action or process of investing money for profit or material result.

Compounded Semi-Annually

An interest calculation method where interest is added to the principal balance twice a year, leading to more interest accrued over time than if compounded once a year.

Monthly Payments

These are payments made once a month, as in a loan or lease, towards reducing the outstanding balance owed.