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Anon25 [30]
2 years ago
6

Emma deposited $500 in a savings account at her bank. Her account will earn an annual simple interest rate of 9%. If she makes n

o additional deposits or withdrawals, how much money will she have in her account in 11 years
Business
1 answer:
saveliy_v [14]2 years ago
7 0

$995.00 she will have in her account in 11 years

Future Value = Present Value + Present Value * Interest Rate * Time Period

Future Value = $500 + $500 * 0.09 * 11

Future Value = $995.00

Simple interest is a quick and easy way to calculate interest on a loan. Simple interest is calculated by multiplying the daily interest rate by the principal and multiplying by the number of days elapsed between payments.

Simple Interest (SI) is a method of calculating the amount of interest on a particular principal at a particular interest rate. For example, when a person takes out an Rs loan. At a rate of 5000, 10 p.a. for 2 years, the interest for a person for 2 years is SI. To the borrowed money.

Learn more about simple interest here:brainly.com/question/25793394

#SPJ4

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Why shouldn’t applicants to job openings send their cover letter as an attachment in an e-mail? when would it be acceptable to s
Margarita [4]

The employer may restrict emails that contain attachments. This can be a function of their email spam or junk mail filtering system.

What is a cover letter in an email?

An email cover letter is a quick email that includes some personal information and the justification for delivering your resume.

Unless an employer specifically requests that you include them in the email body, send your cover letter and resume as separate attachments. Create a sincere cover letter every time, and attach it to the email.

Hence, the significance of the e-mail is aforementioned.

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6 0
3 years ago
Rita Company buys merchandise on account from Linus Company for $590. Rita sells the goods to Ellis for $900 cash. Use a tabular
rosijanka [135]

Answer:

Record of transaction is given below

Explanation:

given data

Selling price of goods =  $900

Cost of goods sold = $590

solution

we get here Record of transaction in Rita Company that is

Inventory accounts   Dr   $900

Account payable    Cr      $900

and

Record of transaction in Linus Company is

Account receive able  Dr  $900

Sales revenue              Cr  $900

and

Cost of goods sold    Dr   $590

Inventory                    Cr    $590

4 0
3 years ago
When coca-cola wanted to regain market share for its vitaminwater product lines, it based its marketing strategy on a __________
crimeas [40]

When coca-cola wanted to regain market share for its vitaminwater product lines, it based its marketing strategy on a "situation analysis",....................


Prior to building up any marketing strategy, it is essential to lead a situation analysis. A situational analysis is a basic piece of any business or marketing plan and ought to be looked into intermittently to guarantee that it is kept current.  

A situational analysis characterizes the inner and external factors of an organization or association and obviously recognizes the capacities, clients, potential clients and the business condition and the effect they may have on that association or business.

5 0
3 years ago
A group of teens in your town meet and agree to charge a flat fee of five dollars per hour for babysitting. They charge the same
swat32

Answer:

a monopoly

Explanation:

6 0
4 years ago
Read 2 more answers
A loan for $100,000 is fully amortized over 25 years with payments of $772 per month, including interest of 8% per annum. the fi
Ilya [14]

I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS

6 0
4 years ago
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