Answer:
A) A high interest rate & long time period
Explanation:
A high interest rate means that your principal amount is earning a higher return when deposited in a savings account. The interest amount when compounded frequently like every month, it also earns interest on it as well as the original amount invested. This effect is called compounding. On the other hand, a long time period of investment means that you have a longer time horizon over which your principal earns interest. For example if you start saving when you are 18 years old and wants to retire at 68 years old, you will have 50 years worth of interest earned which is longer investment horizon than when you start saving at 40 years of age.
D. Both allow you to make a purchase in a store or online
I don’t know if I’m right. But yeah
The two forms of financial aid that is required for a student to bear the cost of college education are the following; direct loans and work study programs. It is because direct loans can help a student to provide money that they could lend and be paid off based on the time period it provides while work study program assist students in means of providing money for the student in which in return, they should work for them with no money to be paid for them.
Answer: B. 3
Explanation:
The expected arrival rate at service point is 45 customers per hour and reasonable service rate is 4 minutes.
The total numbers of customers each clerk can handled per hour is calculated below,
= (60 minutes)/ 4(minutes) = 15 customers
At the arrival rate of 45 customers per hour. The required number of clerks needed to handle 45 customers per hour is;
= customer arrived / customer served
= 45/15 =3
Therefore 3 clerks are required to keep the pace steady at an average time under 5 minutes.
Answer:
The definition of proprietorship is the state of owning a business or holding property. The major drawback or a proprietorship is that there is no separation assets and personal assets.