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Sophie [7]
2 years ago
8

How is compound interest different from simple interest?

Business
1 answer:
hammer [34]2 years ago
4 0

Answer: How is compound interest different from simple interest?

Explanation:  Simple interest is interest payment is calculated on only the principal amount; whereas compound interest is interest calculated on both the principal amount and all the previously accumulated interest.  

You welcome

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The 5 specific forces acting as stimulant for change
Serjik [45]

Answer:

1. Technology.

2. Social trends.

3. Economic shocks.

4. Political.

5. Nature of the workforce.

Explanation:

According to the amiable philosopher and mathematician, Alfred North Whitehead, "The art of progress is to preserve order amid change and to preserve change amid order."

The 5 specific forces acting as stimulant for change in an organization or business environment are;

1. Technology: it is a major external force, organizations should make use of new technologies, so as to maximize efficiency and increase productivity.

2. Social trends: social media changes can bring individuals together and influence their interests to share opinions, cultures perception and ideas.

3. Economic shocks: indices of gross domestic products such as unemployment, acquisitions, bankruptcy, recession impacts an organization.

4. Political: government policies, regulations and restrictions such as tax, minimum wage etc can cause a change in a firm. Companies should ensure they are operating at top notch in the competitive market.

5. Nature of the workforce: they should be able to adapt or respond to economic activities, such as demographic, immigration, multicultural society, etc.

Change agents in an organization are individuals acting as catalysts by assuming responsibilities for managing any of the aforementioned specific forces acting as stimulant for change.

7 0
3 years ago
An investor owning 400 shares of stock receives notice that the stock will be split. When the split is complete, the customer ow
tia_tia [17]

Answer:

800....................

7 0
3 years ago
Mullee Corporation produces a single product and has the following cost structure: Number of units produced each year 7,000 Vari
olasank [31]

Answer:

unitary absorption production cost= $128

Explanation:

The a<u>bsorption costing method</u> includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

<u>First, we need to calculate the unitary fixed manufacturing overhead:</u>

<u></u>

Unitary fixed overhead= 441,000 / 7,000= $63

<u>Now, the unitary absorption production cost:</u>

unitary absorption production cost= 51 + 12 + 2 + 63

unitary absorption production cost= $128

6 0
3 years ago
What scenario would call for you to
Alex

Answer:

A.you have plenty of cash flow and are looking to grow with new equipment.

Explanation:

Sana makatulong po sainyo/ihope it helps for you

5 0
3 years ago
When a firm considers its overall objectives and considers the type of business it is in, it is engaged in which of the followin
marusya05 [52]

Answer: Conducting a situation analysis

Explanation:

7 0
3 years ago
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