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madam [21]
2 years ago
6

Would simple interest or compound interest grow a person investment better? Explain.

Business
1 answer:
Evgesh-ka [11]2 years ago
6 0

Answer:

Compound interest is better.

Explanation:

When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield. That's the annual rate of return or the annual cost of borrowing money.

You might be interested in
An important social cost of economic growth is ____________.
aleksandr82 [10.1K]

Answer:

the destruction of jobs due to labor skills of certain workers becoming obsolete.                            

Explanation:

Social costs in economic thinking are the amount of the personal costs accrued as a component of an activity as well as the expenses levied on customers as a function of becoming subject to the activity in which they are not paid. That is the sum of private and institutional expenses, in other terms.

        Due to economic growth, demand has been rising for commodities leading to technology improvements which further leads to lower demands for labor and joblessness. However, majority  of the economists states that technological improvement only enhances employment opportunities and joblessness occurs for a temporary period.

5 0
3 years ago
How do birthrates and death rates change as a country moves from a least developed or traditional economy to developing-nation s
oksian1 [2.3K]

As a country makes the transition from a least developed economy to developing nation status the Birthrates and Death Rates will increase. Birthrates will increase due to immigration. The healthcare services generally improves when a country develops more and becomes more industrialized. It helps improve the economy which in turn gives more people the opportunity to have more children and to lead healthier lives. So the birth rates go up. Death rates will go up too due to an increase in criminal activity.

7 0
3 years ago
Five employees on the production line working together determine which person is performing which​ tasks, who becomes a member o
irga5000 [103]

Answer:

self-managed

Explanation:

Self-managed teams  are made up of a group of workers that are responsible for defining and signing responsibilities and tasks. They tend to be extremely integrated groups that work very well together. As their name suggests, they are allowed to make decisions and manage themselves, including the supervision and control of each member's performance.

6 0
4 years ago
Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann
Bas_tet [7]

Answer:

25%

Explanation:

Accounting rate of return =( Net income from investment ÷ Cost of investment ) × 100

Net income from investment = $100,000

Cost of investment = $400,000

Required rate of return = ($100,000 / $400,000 ) × 100

= 0.25 × 100

= 25%

7 0
3 years ago
Think of an organization that you’re a part of. It could be a workplace, team, or club. Identify Schein’s four key elements in t
s344n2d4d5 [400]

One of the most important key elements in Schein’s four key elements according to me would be a common purpose because, without having a common purpose, people working in the organization will be disoriented and directionless. Thus, it can hamper the ultimate goal of the organization.

<h3>What is the common purpose of an organization?</h3>

A corporation with a clear purpose or undertaking is one that is simple to recognize and manage. A common purpose unifies personnel and facilitates them to understand the corporation’s direction.

Hence, according to me, among all the Schein’s four key elements in the organization’s structure, the Common purpose is the most key element.

Learn more about common purpose of an organization:

brainly.com/question/14158365

#SPJ1

7 0
2 years ago
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