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mamaluj [8]
3 years ago
12

What is an amount of money multiplied by the interest rate and the amount of time that the money will be earning interest?

Business
1 answer:
Nana76 [90]3 years ago
7 0

Explanation:

answer will be B in my opinion

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Do you think the NELK BOYS are clickbaiting sometimes?
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A company received 500 applications for a specific position.30 were given an assignment test. Only 15 were invited to an intervi
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Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.
Andreyy89

Using economic understanding, insurance is "<u>Economically feasible</u>" when the possible loss is relatively large compared to the premium amount.

This is because when an individual insured on a premium account loses huge properties that are considerably large compared to the premium paid, this is economically feasible to such an individual.

For example, if an individual has his vehicle worth $1 million on damaged but has only paid less than $100,000 as insurance fee, such individual would have his car replaced by the insurance firm, despite only paying 10 percent of the car price as insurance fee.

Thus, this situation is considered <u>economically feasible.</u>

Hence, in this case, it is concluded that the correct answer is "<u>Economically feasible."</u>

Learn more here: brainly.com/question/13769098

8 0
3 years ago
Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in
Zepler [3.9K]
Answer;
Annual compounding

Explanation; 
Annual compounding is a method of calculating and adding interest to an investment or loan once a year rather than for another period. 
This is done in compound interest, which is the interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or a loan. 
Using an annual compounding will prompt her to pay less interest compared to other periods.
5 0
3 years ago
Read 2 more answers
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