A Business Aims Its Promotions Toward Singles Between the Ages

question 65

Multiple Choice

A business aims its promotions toward singles between the ages of 25 and 40 who reside in a specific county.The business has _____.

• A)created personal utility
• B)developed a marketing plan
• C)developed a marketing mix
• D)selected a target market

Understand the basics of mortgages including principal, interest rate, amortization period, and payment frequency.

Calculate mortgage payments given different interest rates and amortization periods.

Calculate the effects of changing interest rates on renewal of mortgages.

Understand and calculate the impact of making additional payments or lump sum payments on the amortization period of a mortgage.