The annual interest rate is 10 %.
Annual percent fee refers to the yearly interest generated with the aid of a sum it's charged to borrowers or paid to buyers. APR is expressed as a percentage that represents the real yearly price of price range over the time period of a mortgage or profits earned on investment If a man or woman borrows hundred rupees at one rupee interest, for instance, he needs to pay one rupee hobby in keeping with month. So in twelve months, he has to pay ten rupees.
Here,
let the annual interest rate is r
new amount = $ 200
for the compound interest formula
new amount = initial amount * (1 + r)^time
200 = 100 * (1 + r)^7
solving for r = 0.104 = 10.4 %
the annual interest rate is 10 %.
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I think the answer would be a background question.
I hope that helped :)
Capitalism, socialism or a mixed economy. In a capitalistic society, individuals and businesses aim to earn a profit with the production of their investment and labor in a free market operating largely by supply and demand. Socialism is when the government owns and/or controls productive enterprises.
Answer:
Born-global
Explanation:
When an organization's activities seek an opportunity of shifting global and globalize swiftly without introducing a long-term or internationalization period, it is a born-global company. A born-global company starts its business in many countries from its commencement. As the question suggests that the companies are entering international markets, and understanding that they are selling more products globally instead of domestically, therefore, this type of company is known as a born-global.
Answer: W-4 withholding
Explanation:
The tax form you should complete differently if you've got more than one job is the W-4 withholdings.
It should be noted that wwjn an individual has a change in income, multiple jobs, or in a scenario wherebynthe person has a new job, it is important for one to revisit the W-4 withholdings.
When this is done, a new Form W-4 should be filled so that ones employer willxbe able to know the amount to withhold as tax from the person's paycheck.