Due to increasing awareness of customers, two different television manufacturing companies started a marketing war. The...
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Due to increasing awareness of customers, two different television manufacturing companies started a marketing war. The details of advertisements of the companies are as follows: Brand X Selling price of a TV set Amount returned to buyer after 5 years Rs. 15,000 Rs. 8,000 Brand Y Rs. 10,000 Select the most economical brand from the customer's point of view using the future worth method of comparison, assuming an interest rate of 15%, compounded annually. Due to increasing awareness of customers, two different television manufacturing companies started a marketing war. The details of advertisements of the companies are as follows: Brand X Selling price of a TV set Amount returned to buyer after 5 years Rs. 15,000 Rs. 8,000 Brand Y Rs. 10,000 Select the most economical brand from the customer's point of view using the future worth method of comparison, assuming an interest rate of 15%, compounded annually.
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Related Book For
Global Marketing management
ISBN: 978-0470505748
5th edition
Authors: Masaaki Kotabe, Kristiaan Helsen
Posted Date:
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