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1 year ago

You deposit $300 in a bank account that earns 4ompound interest annually. what is the value of your $300 in 10 years?

1 answer:

5 0

You deposit $300 in a bank account that earns 4% compound interest annually. $444 is the value of your $300 in 10 years.

Compound interest happens whilst interest gets added to the primary amount invested or borrowed, after which the hobby rate applies to the new (large) principal. it's essential interest in the hobby, which over the years ended in the exponential boom.

Compound interest is while you upload the earned hobby lower back into your important stability, which then earns you even extra interest, compounding your returns. shall we say you have got $1,000 in a savings account that earns 5% in annual interest. In 12 months, you would earn $50, giving you a brand new balance of $1,050.

Learn more about Compound interest here: brainly.com/question/2455673

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Information about a property that has a significant bearing on a buyer's decision to purchase that property is referred to as a

xeze [42]

Answer: Material fact

Explanation:

Material fact would be defined as a fact that would be important to a potential purchaser in deciding whether to buy a property or not. It influences a purchaser's decision on a property, whether to buy at all or at a certain price.

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2 years ago

Which of the following statement best describes about quantitative research method.

Radda [10]

I think it’s the third one - ....to measure the the phenomenon....

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2 years ago

JJ Enterprises has current assets of $10,406, long-term debt of $4,780, and current liabilities of $9,822 at the beginning of th

shusha [124]

Answer:

$47

Explanation:

JJ Enterprises

Interest $277

long-term debt i$5,010,

long-term debt of $4,780,

Therefore;

CFC = $277 −($5,010 −4,780)

CFC = $47

Thus the cash flow to creditors for the year is $47

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3 years ago

Prior to liquidating their partnership, Joyce and Xi had capital accounts of $50,000 and $105,000, respectively. Prior to liquid

Iteru [2.4K]

Answer:

Joyce cash distribution = $262500

Explanation:

given data

Joyce capital = $50,000

Xi capital = $105,000

liabilities = $10,000

assets sold = $190,000

to find out

we consider Determine the amount received by Joyce as a final distribution from liquidation of the partnership

solution

we carrying value of non-cash asset prior to liquidation is

value of non-cash asset prior to liquidation = $50,0000 + $105,000 + $10,000

value of non-cash asset prior to liquidation = $615000

so Profit on Liquidation is = value of non-cash asset prior to liquidation - Sale of Asset

Profit on Liquidation is = $615000 - $190,000

Profit on Liquidation is = $ 425000

and here since

Joyce and Xi share income and losses equally

so Joyce share of profit will be

Joyce share of profit = 50% × $ 425000

Joyce share of profit = $212500

and

so Joyce cash distribution will be

Joyce cash distribution = Joyce share of profit + Joyce capital

Joyce cash distribution = $212500 + $50,000

Joyce cash distribution = $262500

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3 years ago

Reasons why in business,staff are restricted to communicate with press?

Evgen [1.6K]

Answer:

Limited communication media can force employees to deliver messages using ineffective methods. Inappropriate upward communication tools can create confusion

Explanation:

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2 years ago