Janice Would Like to Send Her Parents on a Cruise

question 7

Multiple Choice

Janice would like to send her parents on a cruise for their 25th wedding anniversary.She has priced the cruise at $15,000 and she has 5 years to accumulate this money.How much must Janice deposit annually in an account paying 10 percent interest in order to have enough money to send her parents to cruise? (Round to the nearest whole dollar)

• A) $1,862
• B) $2,457
• C) $3,000
• D) $2,234
• E) $2,135

Understand the concept and importance of customer service in business operations.

Grasp the ultimate goal of customer service as increasing brand loyalty and promoting brand loyalty.

Comprehend the stages of the order cycle and the significance of each stage.

Identify the importance of protecting customer information beyond mere legal compliance.

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Definitions:

Institutionalized

Institutionalized refers to the process by which certain practices or norms become established and accepted in society or within an organization as formal structures.

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that was designed to remove tariff barriers between the three countries.

Free Trade

The unregulated exchange of goods and services across borders without tariffs or other barriers.

Political Union

A type of state or entities agreement which involves a shared government and often a merged economy and policy-making.