1. According to the table, what has the investor done with money earned through interest?
2. From looking at the table, explain the concept of compound interest.
3. According to the table, if the interest rate on this account were 10 percent, how much money would you have in the account at the end of the first year?
4. According to the table, if you added $50 to this account every year, what effect would it have on the interest rate that you earned?
5. According to the table, the investment has doubled in worth by the start of which year?
Answers
Answer:
1. According to the table, the customer leaves the money earned through interest to be added to the principal, to serve as the new principal on which an interest is calculated for the next period or year
2. Compound interest is the interest calculated based on a principal that is the addition of the previous interest to the previous beginning principal. The compound interest can also be called the interest on interest or the interest due to reinvestment of the interest added to the initial amount of each period
3. If the interest rate was 10% rather than 5%, then, with a principal of $100.00 the interest will be $100 × 10/100 = $10, and the total in the account will be $100.00 + $10.00 = $110.00
4. If $50 is added to the account every year, it will increase the interest, but the interest rate will stay the same
5. The investment has more than doubled in worth from $100.00 to $207.90 at the start of the 15th year
Explanation:
Related Questions
2. Explain the role of required & excess reserves in the banks approach to the making of loans to the consumer & business.
Answers
Answer:
Every time a dollar is deposited into a bank account, a bank's total reserves increases. The bank will keep some of it on hand as required reserves, but it will loan the excess reserves out. When that loan is made, it increases the money supply. This is how banks “create” money and increase the money supply.
Explanation:
Transaction taxes and Excise taxes are two types of _______ taxes
Answers
Transaction taxes and Excise taxes are two types of consumption taxes
Transaction taxes and Excise taxes are two types of consumption taxes.
What is the meaning of Taxes?Taxes are compulsory payments made by a government organization, usually local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Medicare and Social Security benefits as well as public infrastructure and services like roads and schools.
Taxes play a crucial role in helping governments finance a range of projects, including infrastructure, wars, and public works. Taxpayer funds are still utilized for several related reasons today.
When a governing body imposes levies on individuals and commercial entities, taxation occurs. Tax-based fees must be paid and are not always related to the provision of services. The money raised is utilized to pay for government expenses.
Each year, the tax filing deadline is normally April 15; however, if that day comes on the weekend or a holiday, it may be postponed. Penalties and interest may apply if the tax deadline is missed. Form 4868 must be submitted by April 18, 2023, to request an extension.
Learn more about the Taxes here:
https://brainly.com/question/12611692
#SPJ2
Choose an advertisement that you found to be especially memorable. Describe the
advertisement and explain how effective it is. Discuss the techniques you would have
used to make it more effective.
Answers
Answer:
use the droritos commuecials those were good
Explanation:
Have a good thanks giving everyone.
-Please can we all give thanks and love for Lil Peep, XXX Tentacion, Juice Wrld. Thanksssss. Goodays <3
Enjoy the points. :) <3
Answers
Answer:
R.I.p to the g.o.a.t’s
Explanation:
Crystal has tired and aching feet. Which personal care professional should she visit to relieve the pain and tiredness?
Ο Α. .
nail artist
OB.
skin specialist
OC. makeup artist
OD
massage specialist
Answers
pls do this worksheet for me and i will make you brainliest
Answers
The slogan on the first version of Candy Land was “A sweet little game for sweet little folks.” Why do you think the game makers chose that slogan?
Answers
Need help fast please!!
8. Jill Jantzen's gross weekly pay is $298.00. Her earnings to date for the year total $14,900.00. What amount is
deducted from her pay each week for Social Security, which is taxed at 6.2%?
$30.88
$14.52
$18.48
$21.33
Answers
Target profit is $100,000; fixed overhead costs are $120,000 and fixed selling and administrative costs are $50,000. If total variable cost is $675,000, the markup percentage to the variable cost using the variable cost method is:_______________
Answers
Answer: the markup percentage= 40 %
Explanation:
Markup, usually expressed as a percentage is the price one gets after selling a product from the difference of the purchase cost and selling price. The greater the markup, the more profit after sale of products.
To compute the markup percentage to variable cost using the variable cost method, we use the formulae
Markup=Target profit + fixed overhead cost + fixed selling and administrative costs) / total variable cost
$100,000 + $120,000 +$50,000 /$675,000
=0.4 x 100 = 40%
Markup percentage =40
An increase in the value of an investment is called...
A inflation
B. net asset value (NAV)
C appreciation
D. yield
E market mover
Answers
Answer:
C appreciation
Explanation:
Appreciation is the term that describes the increase in value by an asset over time. Several factors may cause an increase in value. They include
In demand for the assetsCustomers perceptionsReduced supply for the assetIncrease in inflation or interest ratesHow can Opportunity Costs affect your business environment?
Answers
Answer: Weighing opportunity costs allows the business to make the best possible decision. If, for instance, the company determines an alternative choice's opportunity cost is greater than what the company gains from its initial decision, the company can change its mind and pursue the alternative choice
I hope this was the answer you were looking for :3
Answer:
Considering the opportunity costs allow the business to make the best possible decision.
Explanation:
If, for example, the company determines an alternative choice's opportunity cost is greater than what the company gains from its initial decision, the company can change its mind and the alternative option.
When building a team, which profession is most similar to that of the team leader
A. builder
B. teacher
C. physician
D. coach
Answers
Answer:D
Explanation:
When building a team, a profession is most similar to that of the team leader is a coach. Thus, the correct answer is option D.
What is leadership?The ability of an individual or a group of people to influence and direct followers or members of an organization, society, or team is referred to as leadership. Leadership is frequently associated with a person's title, seniority, or position in a hierarchy.
A leadership position requires us to handle a problem, a team, or an entire organization in an ethical and effective manner. Leaders can influence and direct their teams towards a common goal. Coaching needs to be focused on set of skills in which a person needs improvement. A coach provides guidance to help the team members to reach up to their maximum potential and achieve the goal. It derives its authority from the position on the team.
Therefore, coach would be the appropriate position which is similar to that of a team leader.
To learn more on leadership, click here:
https://brainly.com/question/31138185
#SPJ5
WHAT DO YOU MEAN BY MARKET DEVELOPMENT ? EXPLAIN.
Answers
Answer:
market development is a strategic step taken by a company to develop the existing market rather than looking for new market .The company looks for a new buyers to pitch the product to a different segment of consumers in an effort to increase sales.
This is for a discussion question
What will you need in the future?
Answers
Answer: food
Explanation:
So you can stay alive
Florence wants to become a Middle School Teacher. She attends a university for four years and earns a degree with
a major in Education. The four-year degree she has earned is called what?
master's degree
doctoral degree
associate degree
bachelor's degree
Answers
Answer:
bachelors
Explanation:
4 year degree
Answer:
bachelor's degree
Explanation:
The demand in the market for smartphones has increased causing prices to write what effect will this likely have in The demand in the market for smartphones has increased causing prices to right what effect will this likely have in the supply of smart phones
Answers
Answer:
The supply point will increase by moving along the existing supply curve
Explanation:
Student loan forgiveness is available to students who perform public
service after graduating from college.
True or false?
Answers
The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.
Which of these is a nonstore retailer?
A. Vending machine
O B. Department store
C. Warehouse club
O D. Supermarket
Answers
A Vending machine is a non-store retailer. Thus option (A) is correct. A retailer is a person or business that you purchase goods from.
Who is a retailer?A retailer is an individual or an entity that deals directly with consumers. It can be a business that sells and goods and service to consumers through brick and mortar store or an online platform.
A Retailer can be a small store or a large enterprise that deals in an assortment of products. Walmart and Amazon are some of the well-known retailers.
The fact that retailers deal with end consumers is one of the reasons why most of them deal in a wide array of products ranging from clothing to jewelry books as well as electronics.
Most modern retailers typically make a variety of strategic level decisions including the type of store, the market to be served, the optimal product assortment, customer service, supporting services, and the store's overall market positioning.
Learn more about a retailer here:
https://brainly.com/question/28344937
#SPJ2
This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Assuming the students continue down the same career path, which table shows the professional organization that each student would most likely be a part of in the future? A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A F P, A A S A, A S M E, A M A. A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A S M E, A A S A, S A G, A C S. A 3-column table with 4 rows. Column 1 is labeled Student with entires Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries S A G, A C S, A F P, A M A. A 3-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Column 3 is labeled Future P O with entries A S M E, A A S A, A F P, A M A.
Answers
Answer:
The answer is A
Explanation:
Which of the following is a difference between managing and leading?
A. Leading is what managers do in stressful situations, and
managing is what they do in calm situations.
B. Leading is the responsibility only of a company's executives, not
lower-level managers.
O C. Leading influences people, while managing is concerned only with
financial results.
a
D. Leading is just one of the functions managers are expected to
perform
Answers
Answer:
D
Explanation:
I just took the quiz
A difference between managing and leading is, Leading is just one of the functions managers are expected to perform. Thus the correct answer is D.
What is Leadership?Leadership refers to skills to influence individuals and groups of people and provide them directly to achieve the shared objective of business by learning and development.
Management is considered as a technique that helps to get the work done by others by planning, organizing, and executing tasks in an aligned manner to achieve the goal of the busines.
Leading is a quality carried by the manager to get the work done from the employees wheras leaders just take care whether the task is completed accurately and encourage the potential of the employees.
Therefore, option D Leading is just one of the functions managers are expected to perform is appropriate.
Learn more about Leadership, here:
https://brainly.com/question/14087963
#SPJ2
I really need to feed my dog guys please PLEASE!
anyone has cashapp? even 1 dollar would help.
cashapp- $dripxmarle2 PLEASE GUYS
Answers
Answer:
sorry I don't have any money but if your dog is hungry you shouldn't be asking for money on a homework app..
In the janitorial service industry do cleaning products have nonprice competition?
Answers
Answer:
Yes
Explanation:
Non-price competition involves marketing a company's products and services using other strategies except lowering of price. These other strategies may include free gifts, discount coupons, unique selling points, product enhancement, customer service, packaging, and many others.
The janitorial service industry involves cleaning of internal and exteriors of buildings. There various companies supplying cleaning products such as detergents and disinfectants. The industry has stiff competition based on non-price parameters such as quality, packaging, flavors, and after-sale service.
The customer relationship is best built when
a.store owners and customers become best friends.
b.customers know they can count on quality products and services.
c.customers receive promotional material on a weekly basis.
d.business owners depend on inside sales exclusively.
Answers
Answer:
The correct answer is B.
Explanation:
Which of the following skills are required to be an effective project manager? (choose all that apply)
A. communication
B. teamwork
C.friendship
D. time management
E. bossy-leadership style
F. budgeting
Answers
Answer:
A. communication, B. teamwork, D. time management, F. budgeting
Explanation:
got it right on edge
If a person sells an asset for less than he or she paid for it the result is a
Answers
Answer: Capital loss
Explanation:
A capital loss is refered to as the loss that is incurred by an economic entity such as an individual, a firm or a government when a capital asset decreases in value and is then sold at a price that's lower than the price that it was purchased.
For example, if an individual buys shares for $100 and then sold the shares for $90. This is a capital loss as the selling price is lower than the cost price.
what is a land as a factor of production
Answers
Answer:
see below
Explanation:
Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.
Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.
what is a standard is a
Answers
Answer:
is the pattern that follows any of the variables that determine the benefit of an economic activity
a standard is the reference level of some factor of production
One benefit of repeating the self improvement process is that you can ______. a. Pay lower fees to plan and maintain the new goal b. See everything with fresh eyes c. Use skills and information from previous goals d. Reduce the time spent improving at work Please select the best answer from the choices provided A B C D Mark this and return
Answers
Answer:
c. Use skills and information from previous goals
Explanation:
Self-improvement should be a continuous process. By undergoing a self-improvement process, one recognizes their strengths and shortcomings. They can work to improve on their weakness and better themselves.
Repeating the self-improvement process enhances the skills that one had previously acquired. They can use those skills to achieve their current goals. The individual becomes more aware of themselves, which helps in improving their abilities.
how do i spell chicken strips?
Answers
Answer:
chicken strips
Explanation:
yes
How did Joe Biden get president?
⇔∈∉∧⊇←²³√∛·×÷±≈≠≥≤≡≅⇒,㏒
Answers
Answer:
Dont know im canadian
Explanation: