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1 year ago

Which descriptions about simple interest and yearly compounded interest are true? Check all that apply.

Business

1 answer:

garik1379 [7]1 year ago

3 0

Descriptions about simple interest and yearly compounded interest are true are :

Only compound interest has an exponent in its formula.

Simple interest is only earned on the original principal investment.

Compound interest is earned on principal and interest.

<h3>What is simple interest and compound interest?</h3>

Simple interest is the one that the calculation is based on principal, or of a loan.

Compound interest is base on principal amount as well as the accumulated interest of previous periods.

Learn more about simple interest at:

brainly.com/question/20690803

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Choose a company you frequently buy from.

maxonik [38]

Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.

<h3>What is Marketing mix?</h3>

These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.

Coca Cola follows a price discrimination strategy in its marketing mix means that they charge different prices for their products and its target market are young customers.

Read more about Marketing mix here brainly.com/question/859394

6 0

1 year ago

A ___________ plan gives employees some ability to adjust hours when they work, as long as they work the required number of hour

VMariaS [17]

The correct answer is a flextime plan.

Flextime plans allow employees the freedom to work a variable schedule, provided that it is within the guidelines of the employer and they work their required number of hours.

5 0

3 years ago

Bob owns twenty acres of land on the side of a mountain in Colorado. He files a suit against the Durango Flight School, claiming

velikii [3]

Answer: The correct answer is "the flights are low and frequent, interfering with enjoyment of his land".

Explanation: To succeed, his best argument is the flights are low and frequent, interfering with enjoyment of his land, because the lower the flights with more intensity interfere with the well-being and quiet use of their land, and if the flights occur every so often, the more annoying it is.

8 0

3 years ago

Two investment advisors are comparing performance. Advisor A averaged a 20% return with a portfolio beta of 1.5 and Advisor B av

Phantasy [73]

Answer:

Advisor A

Explanation:

t bill rate = 0.05

market rate = 0.13

the beta of the market is always 1

the rate of return= 0.05 + (0.13 - 0.05) x 1

= 0.13

which is 13%

this is for advisor A. 

with a return of 20% and 1.5 beta

0.05 + ( 0.20 - 0.05) x 1.5

= 27.5% for advisor b

when the return is 15% and beta is 1.2

0.05 + (0.15 - 0.05) x 1.2

= 17%

Therefore advisor a is better

3 0

2 years ago

A fixed asset with a cost of $30,000 and accumulated depreciation of $28,500 is sold for $3,500. Record the journal entries for

Rasek [7]

Answer:

Book value on date of sale = Cost - Accumulated depreciation

Book value on date of sale = $30,000 - $28,500

Book value on date of sale = $1,500

Gain on disposal = Sales amount - Book value on date of sale

Gain on disposal = $3,500 - $1,500

Gain on disposal = $2,000

Journal entries

Date Account Titles Debit Credit

Cash A/C $3,500

Accumulated depreciation A/C $28,500

To fixed asset $30,000

To gain on disposal $2,000.

8 0

2 years ago