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lys-0071 [83]
2 years ago
15

If you started with $100 in the bank and you had $200 after letting it sit there for 5 years, what would be the annual interest

rate you received?
Business
1 answer:
Paha777 [63]2 years ago
5 0

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 %.

Learn more about The annual interest rate here:- brainly.com/question/2699966

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GenaCL600 [577]

The sale or transfer of goods ordinarily held for sale in course of business is governed by the  Uniform Commercial Code.

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A clearance is a unique sort of sale that could appeal to extra customers than traditional sales. this is due to the shop seeking to take away positive items for one cause or any other. the store is probably going out of business, the objects are going out of season, or there is not sufficient room in the shop for new gadgets.

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7 0
1 year ago
A chemical reactor gives a fractional conversion of only 10% of the expensive limiting reactant in the feed stream. Assuming not
slavikrds [6]

Answer:

Explanation:

A) install a SEPARATION unit on the output from the reactor and feed the unreacted reagents back to the reactor feed in a RECYCLE stream.

B) Even if one had a perfect separation unit, the 65% or reactant which went to undesirable side reaction is wasted. Recycle is not effective to help poor selectivity of the reactor.

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briefly explain what you consider an entrepreneur to be and describe the three most important attributes you need to develop to
expeople1 [14]

Answer:

An entrepreneur is a person who finds an economic opportunity in the market, and exploits it for his own benefit and the benefit of his employees and constomers by setting up a firm.

Explanation:

Three characteristic of an entrepreneur:

Opportunity seeking: entrepreneurs "scan" the market, seeking for market niches that have not been exploited.

Work-ethic: entrepreneurship is a difficult task, especially during the first years of the company. It demands very long work hours, and the entrepreneur must be willing to do that in order to be successful.

Risk-taking: entrepreneurs should evaluate risk when taking decisions, but they should not be the most risk-averse indidivuals. They have to take risks in certain situations because otherwise, they would not be able to become entrepreneurs at all.

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3 years ago
Why are labor unions able to negotiate effectively with companies where individual workers can't?
ra1l [238]

Answer:

Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.

Explanation:

5 0
2 years ago
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Wittaler [7]

Answer:

Marketing, sales and customer service

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