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Gwar [14]
3 years ago
15

Patricia deposited $350 in a savings account with two percent simple interest. If she keeps it in the account for one year, how

much interest will she earn?
Business
1 answer:
Bond [772]3 years ago
4 0

Answer:

Patricia will earn $10.5 in one year.

Explanation:

interest will be calculate as follow:

principal x rate x time = interest+always is important to make the cmmnet that, rate and time should be express in the same measurement. This means, annual rate force time to be express as portion of year or complete years.

350 x 0.03 per year x 1 year= 10.5 interest

That is the amount of interest Patricia will earn from their deposite

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Answer:

Statement of Net Assets or statement of financial position.

Explanation:

Statement of net assets shows the permanently restricted, temporarily restricted, and unrestricted funds. This is represented into he equity section.

A template for the creation of statement of financial position is provided by the IRS form 990.

Unrestricted assets are donations to the organisation that can be used for general expenses.

Temporarily restricted assets are set aside for a particular project by donors

Permanently restricted assets are those that are invested in perpetuity, and the revenue earned is used for a specific purpose.

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Which of the following is not one of the guiding questions to creating a Strategic Business Plan?
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What do we want is the answer I believe, correct me if I’m wrong
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3 years ago
Currently Baldwin is paying a dividend of $1.10 (per share). If this dividend stayed the same, but the stock price rose by 10% w
Flauer [41]

Answer:

Dividend yield = 227.06%

Explanation:

Assuming the Closing stock market summary for Baldwin company is $44.05

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