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ch4aika [34]
3 years ago
14

How much would Vincent have in his account after three years if he started with $100 and earns 5% compounding annually?

Business
1 answer:
Elina [12.6K]3 years ago
6 0
Vincent will have 115.76
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Answer:

It takes a share in the profits that are derived from the investment.

Explanation:

The Mudarabah banking system is a financial concept that is structured on partnership, wherein one partner is the financier (rabbulma) while the other partner is responsible for the supply of labor and skills (mudarib) for the management of the capital invested in the business. Consequently, the factors of production in this system are, labor, capital and entrepreneurship.

The Mudarabah is of two types:

1. Restricted mudarabah: if the financier states a particular business for which the capital is to be invested in.

2. Unrestricted mudarabah: if the financier permits the fund manager or entrepreneur (mudarib) to invest the capital in any business of choice.

Under the mudarabah banking system, when an Islamic bank lends money to a business, it takes a share in the profits that are derived from the investment for a specific period of time.

Hence, it's a banking system peculiar to the Islamic world and the contractual partners shares profit and loss based on a pre-defined and agreed ratio.

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2 years ago
A firm is dependent on which of these to help it make decisions about production?
Delvig [45]
What r ur choices bud u dont have choices
6 0
2 years ago
Read 2 more answers
Compounding frequency refers to?
KonstantinChe [14]
Compounding frequency is how often your interest is calculated and added back into your account. The more frequently this happens, the more interest you will earn.
6 0
3 years ago
Households receive a total income of $5 million. Of this, $3.5 million are wages received for laborservices, $1 million are rent
kumpel [21]

Answer:

profit = 250,000

Explanation:

Factor Income is derived from the sum of the Factor of Production

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5,000,000 = 3,500,000 wages + 1,000,000 rent + 250,000 interest + p

5,000,000 - 3,500,000 - 1,000,000 - 250,000 = p

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3 years ago
A researcher randomly assigns 50 students to two groups of 25. group 1 is given computers and educational software to take home
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<span>This study is a randomized control trial (RCT). In an RCT, participants are randomized into one of two groups - an intervention group or a control group. The intervention group receives the treatment of interest to the researchers (in this case, computers and educational software) while the control group does not. This will allow the researchers to examine the effect of the intervention (computers and educational software) on achievement tests scores.</span>
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3 years ago
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