Susan Norman seeks your financial advice. She wants to know how long it will take her to become a millionaire. She tells you that she has ​$1 comma 330 today and wants to invest it in an aggressive stock portfolio. The historical return on this type of investment is 18 ​% per year. How long will she have to wait if the ​$1 comma 330 is the only amount she invests and she never withdraws from the market until she reaches her​ $1 million? ​ (Assume no taxes on the​ earnings.) What if the rate of return is only 14 ​% ​annually? What if the rate of return is only 10 ​% ​annually?

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position