EBK EXCELLENCE IN BUSINESS COMMUNICATIO
12th Edition
ISBN: 8220101459817
Author: BOVEE
Publisher: YUZU
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Chapter 1, Problem 1.9E
Summary Introduction
To determine:
A field of work and identify 3 professional or personal qualities that would be useful in that field and to write brief sentences regarding how it can be used to contribute to the company.
Introduction:
From your most loved sustenance brands to what sort of vehicle you purchase, marketing managers contact many life choices. They control items from improvement to deals.
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Pam and Jim are saving money for their two children who they plan to send to university.The eldest child will enter university in 5 years while the younger will enter in 7 years. Each child is expected spend four years at university. University fees are currently R20 000 per year and are expected to grow at 5% per year. These fees are paid at the beginning of each year.Pam and Jim currently have R40 000 in their savings and their plan is to save a fixed amount each year for the next 5 years. The first deposit taking place at the end of the current year and the last deposit at the date the first university fees are paid.Pam and Jim expect to earn 10% per year on their investments.What amount should they invest each year to meet the cost of their children’s university fees?
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Chapter 1 Solutions
EBK EXCELLENCE IN BUSINESS COMMUNICATIO
Ch. 1 - Prob. 1CACh. 1 - Prob. 2CACh. 1 - Prob. 1LOCCh. 1 - Prob. 2LOCCh. 1 - Prob. 3LOCCh. 1 - Prob. 4LOCCh. 1 - Prob. 5LOCCh. 1 - Prob. 6LOCCh. 1 - Prob. 7LOCCh. 1 - Prob. 8LOC
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