Ben invested $7,500 twenty years ago with an insurance company that has paid him 6 percent simple interest on his funds. charles invested $7,500 twenty years ago in a fund that has paid him 6 percent interest, compounded annually. how much more interest has charles earned than ben over the past 20 years?

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.