1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
prohojiy [21]
3 years ago
13

If the bank pays 4% simple interest, how much will you accumulate in your account after 10 years?

Business
1 answer:
Reptile [31]3 years ago
5 0
You need to know how much money the bank has beforehand
You might be interested in
Record the following transactions for Lett Company. (Credit account titles are automatically indented when the amount is entered
Tanya [424]

A transaction is any monetary business event that impacts a business's financial statements.

<h3>The journal entries </h3>

The journal entries are as follows

On August 4

Account Receivable $610

 To Sales Revenue   $610

(Being the goods sold on credit basis is recorded)

On August 7

Sales Return and Allowances $60

  To Accounts Receivable $60

(Being the sales allowance is recorded)

On August 12

Sales Discount   $11  

Cash $539

 To Accounts Receivable $550

(Being the amount paid is recorded after considering the 2% discount

To learn more about financial statements visit the link

brainly.com/question/14951563

#SPJ4

7 0
2 years ago
Mayfield Company sells two products, Blue models and Plaid models. Blue models sell for $43 per unit with variable costs of $30
alekssr [168]

Answer:

Break-even point in total units=  951.7units

Explanation:

<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss</em>.

It is calculated using this formula:

<em>Break-even point (in units) = Fixed cost/ average contribution per unit</em>

                                                          <em>  Blue                          Plaid</em>

Contribution per unit                43-30 = 13                   52-45 = 7

<em>Average contribution per unit </em>

= ( (13× 4) + (7×5) )/9

= $ 9.66 per unit

<em>Break-even point in total units</em>

= $9200/$ 9.66

= 951.7units

Break-even point in total units= 951.7units

           

6 0
3 years ago
Why do some companies state their core values but make little effort to ensure that individual personnel and the company in gene
Keith_Richards [23]

Answer:

The importance maxim just serves to make the business look good .

Explanation:

  • Throughout recent years, the once common image of ethics as individualistic, unchangeable and impervious to corporate pressures did not stand up to inspection.
  • The stories of many Companies demonstrate the position that companies play in influencing the actions of people and that even sound moral fiber will crumble when too lean.
  • Once presenting an enforcement program, administrators will speak of mutual trust, but staff often see a message from on high.
8 0
4 years ago
Sal contracts with Tasty Pizza Company to deliver its products. Later,both parties change their minds and decide to cancel their
goldenfox [79]

Answer:

.b.can agree to a new contract that includes the new price

Explanation:

When Sal and Tasty agreed to cancel their first contract, that was the end of that particular contract. No further negotiations can take place because the contract doe not exist. By calling Tasty the following day, Sal was initiating a new contract.

A  new contract does not need to make any references to the canceled contract. Sal and Tasty are free to negotiate for new terms and negotiations since this is a new contract. The details of the canceled contract are no longer binding to them.

5 0
3 years ago
The main monitoring and controlling tasks performed as part of project ____ management include monitoring and controlling projec
Vinil7 [7]
I believe it would be scope
4 0
4 years ago
Other questions:
  • What is dollar velocity
    5·1 answer
  • Kellie wants to buy an expensive purse from a local accessory store. As a savvy consumer, Kellie wants to find an exact brand at
    6·2 answers
  • Items that save you money by allowing you to pay a relatively low price for a good or service include _____ .
    11·1 answer
  • With _____, resources are wasted because they are not used efficiently.
    15·2 answers
  • An investor contributes $100,000 of cash to a partnership and signs a $200,000 recourse note. During the first year, the investo
    5·1 answer
  • A market with only two firms is called a
    12·1 answer
  • The following credit sales are budgeted by Terra Co.: January $204,000 February 300,000 March 420,000 April 360,000The company's
    13·1 answer
  • not-for-profit organization held the following investments: Investment Cost Fair value (beginning of year) Fair value (end of ye
    10·1 answer
  • Sodium Inc. borrowed $175,000 on April 1. The note requires interest at 12% and principal to be paid in one year. How much inter
    11·1 answer
  • Sometimes you find yourself getting off-task because your boss keeps piling on the work, and you aren't sure what to prioritize.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!