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EleoNora [17]
2 years ago
12

The chubb group, an insurance company, regularly supplies funds for programming on the public television network. its donations

are an example of:____.
Business
1 answer:
Irina18 [472]2 years ago
3 0

The donations of the Chubb Group, an insurance company, which regularly supplies funds for programming on the public television network are an example of <u>c) corporate philanthropy</u>.

<h3>What is corporate philanthropy?</h3>

Corporate philanthropy is the promotion of the welfare of others (persons and entities) through charitable donations of funds, time, and products.

Provided these donations are voluntarily undertaken to manage and account for their impact on society in a responsible manner without undue influence, they are welcome.

Thus, Chubb Group's donations are an example of <u>c) corporate philanthropy</u>.

Learn more about corporate philanthropy at brainly.com/question/16943765

#SPJ1

<h3>Question Completion with Answer Options:</h3>

a) financial empowerment

b) ethical responsibility

c) corporate philanthropy

d) economic responsibility

e) corporate paternalism

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6 0
2 years ago
you invest $15,000 at an annual rate of 8.25or one year. what is the difference in interest earned if your investment is compoun
harina [27]

The difference in interest earned if your investment is compounded on a monthly basis instead of an annual basis is $1185

"8.25% interest" denotes an interest rate of 8.25% yearly, compounded. "8.25% interest compounded monthly" refers to the annual interest rate, which is 8.25% and is compounded every month. The interest rate is, therefore (8.25%) / (12) = 0.6875% monthly. It is clear what is meant by "0.6875% interest per month compounded monthly." Problems must be resolved in terms of the compounding period rather than years when the compounding period is not annual.

P = 15000, r = 0.0825 (8.25%), n = 12 , and t = 1 (given)

Using the formula for monthly compound interest,

CI = P (1 +\frac{r}{n})^{nt}  - P

CI = 15000 [1 + (0.0825 / 12)] ¹² - 15000

CI = (15000 * 1.086) - 15000

CI = 16290 - 15000

CI = 1290

Therefore, Compound Interest when compounded on monthly basis will be $1290.

Annual Compound Interest:

CI = P (1 +\frac{r}{n})^{nt}  - P

CI =  15000 [1 + (0.0825 / 12)] ¹ - 15000

CI = (15000 * 1.007) - 15000

CI = 15105 - 15000

CI = $105

Therefore, Compound Interest when compounded annually will be $105.

The difference in interest earned  if the investment is compounded monthly instead of annual basis will be

Difference = $1290 - $105 = $1185

To know more about Compound Interest, refer to this link:

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