<span>Your total profit would be $2,305</span>
Percentage of interest at which the money is invested = 5%
Time for which the money is invested = 3 years
The final amount after 3 years = $820
Let us assume the principal amount = x dollars
Then
820 = x (1 + 0.5)^3
820 = x(1.05)^3
x = 820/(1.05)^3
= 708.35 dollars
From the above deduction, we can conclude that the principal amount invested was $708.35.
Answer:
B
Explanation:
A firm is an organisation that is created to make profit. They transform resources into products
They include :
- corporations
- limited liabilities
- partnerships
A:improve your job security.
Answer:
A) 20
Explanation:
According to section 802 of the Sarbanes-Oxley Act, the maximum imprisonment for making any misleading financial statement that can change the user's decisions is 20 years.
It includes various things like - false entry, destroyed things or does not contain any true statement of financial data that can affect the federal investigation have the right to given the fine or ready for up to 20 years imprisonment.
If any condition arise, then the person should be fined or up to 20 years imprisonment or both