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Aleksandr [31]
2 years ago
9

if barbara falcon invests $16,751.84 now and she will receive $30,000 at the end of 10 years, what annual rate of interest will

she be earning on her investment?
Business
1 answer:
Crank2 years ago
4 0

9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.

<h3>What is annual  rate interest ?</h3>

The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.

To learn more about annual rate of interest refer to:

brainly.com/question/15728540

#SPJ4

You might be interested in
Which federal law allows an insurer to obtain an inspection report on a potential insured?
Gelneren [198K]

<span>The federal law that allows an insurer to obtain an inspection report on a potential insured is the Fair Credit Reporting Act.</span>

This is a United States Federal Government legislation enacted to promote the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies.

4 0
3 years ago
A shop sells pineapple smoothies for $ 2.75 and mango smoothies $ 3.25 . On Saturday, a total of 60 cups were used to serve smoo
Ymorist [56]

Answer:

2.75x + 3.25y = 172.50 ... Equation 1

x + y = 60 ... Equation 2

Explanation:

Where x = number of pineapple smoothies and

            y = number of mango smoothies

Also given that, cost of pineapple smoothies = $ 2.75

and cost of mango smoothies = $ 3.25

The total sales made by the company is the addition of the sum made from mango smoothies and pineapple smoothies.

Total amount made from pineapple smoothies = cost of pineapple smoothies × number of pineapple smoothies sold

= 2.75 × x

= 2.75x

Total amount made from mango smoothies = cost of mango smoothies × number of mango smoothies sold

= 3.25 × y

= 3.25y

Therefore where total sales = $172.50

2.75x + 3.25y = 172.50

Also, since there were 60 cups used in all. Where a cup is used for a smoothie,

x + y = 60

Therefore the equations representative of the situation are

2.75x + 3.25y = 172.50

and

x + y = 60

8 0
4 years ago
Influenced by a firm’s ability to make interest payments and pay back its debt, if all else is equal, creditors would prefer to
DochEvi [55]

Answer:

The correct answer is: high.

Explanation:

In economics, interest rate is the amount paid in a unit of time for each unit of capital invested. It can also be said that it is the interest of a unit of currency in a unit of time or the performance of the unit of capital in the unit of time.

Interest rates are applied in different ways, for different periods of time, so it is important that you know what type of fee they are charging you. Also if interest will be paid at the beginning or end of the loan.

The most used interest rates are the nominal interest rate and the effective or equivalent annual interest rate.

Nominal interest rate:

This rate is simple interest, and corresponds to the percentage that will be added to the initial capital as compensation for a certain period of time, which does not necessarily have to be one year.

Effective annual interest rate:

It is also known as the equivalent annual interest rate, it is a compound interest rate, including the nominal interest rate, bank charges and fees, and the term of the operation. This rate addresses the full compensation the financial entity receives for lending us the money.

8 0
3 years ago
Betty, a project manager, sent out agendas before an upcoming meeting to everyone involved. During the meeting, she got a team m
steposvetlana [31]

Answer:

Check: Review the test, analyze the results, and identify what you’ve learned.

Explanation:

The four phases are:

Plan: identify and analyze the problem or opportunity, develop hypotheses about what the issues may be, and decide which one to test.

Do: test the potential solution, ideally on a small scale, and measure the results.

Check/Study: study the result, measure effectiveness, and decide whether the hypothesis is supported or not.

Act: if the solution was successful, implement it

5 0
3 years ago
What are forms of phishing?
Afina-wow [57]
Deceptive, malware-based, session hijacking, and data theft are all forms of phishing,
5 0
3 years ago
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