You are working with a company which deals in sports goods and fitness equipment. Write a circular to your existing customers informing them of a new outlet your company has opened in ABC mall.
Answers
Explanation:
5 The simple interest on a sum of money for 2 years at 12% per annum is 1380. Fi
(i) the sum of money.
(ii) the compound interest on this sum for one year payable half-yearly at the same
rate.
A circular is an advertisement or a promotional letter distributed to a large number of audience.
- The correct circular will be
Dear customers,
With great excitement, we announce the launch of our new outlet in ABC mall. We have been constantly providing our customers with the best of products and services, and this is due to your support and encouragement that we have come up with a new outlet. As you are one of our consistent customer, I would like you to invite to our new store to have a glimpse of new products and also avail some promotional offers. I hope, you will surely visit our new outlet.
XYZ company