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dedylja [7]
3 years ago
5

Compound interest is the interest that is divided into different accounts.

Business
1 answer:
drek231 [11]3 years ago
5 0

Answer:

True answer is False.

Compound interest has nothing to with to which account it is credited.

There are two types of interest that can be received on an investment, that is Simple interest and compound interest.

In simple interest, a certain percentage out of the principal amount is calculated in each period. The principal amount stays the same and when the interest is calculated for.for . the next period, interest is not added to the principal.

Compound interest gets "compounded" or added to the principal each period and the new interest in calculated on the new amount (principal + interest added)

Hope this helps! !! Comment if you need to clarify more!

Explanation:

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During 2019, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business:
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Answer:

Depreciation Expense for 2019 using form 4562

Basis For depreciation; Recovery Period ; Convention ; Method ; Depreciation deduction

2,000 ; 5 years ; HY ; 200 DB ; 400

40,000 ; 7 years ; HY ; 200 DB ; 6,573

Explanation:

Accelerated method of depreciation is used by businesses for accounting and income tax purposes. The depreciation is calculated in such a way that the depreciation expense is higher in early years and lower in later years. Pepe is also using this method to account for his business assets. The depreciation expense for computer equipment and manufacturing equipment's totals $6,973.

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Hadley Corporation issued 200,000 shares of $5 par value common stock for $25 per share. During that year, the corporation susta
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Answer:

D : common stock of $1,000,000

Explanation:

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Par value common stock $5

Hence:

200,000 x $5

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Therefore the year-end balance sheet would show a common stock.of $1,000,000

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Your mom is thinking of retiring. her retirement plan will pay her either $250,000 immediately on retirement or $350,000 five ye
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1. When processing cash payments, the cashier accepts the check and cash payment from the
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That statement is true.

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Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.

Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter.  This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.

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how do you know a selection device is valid? what are the possible consequences of using invalid selection methods? how can an o
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Poor quality and unsuitable candidates will frequently be hired as a result of an ineffective staff selection process. If it is unreliable, it will make the<u> negative effects</u> worse and ultimately kill the organization.

<h3>Define the term invalid selection methods?</h3>

Validity is a gauge of how effective a particular strategy is. A selection procedure is legitimate if it increases your chances of selecting the best candidate for the position.

  • It is feasible to evaluate recruiting choices based on desired results like a quick pick-up time, low attendance, or a solid safety record.
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  • The steps in the hiring process are determined by the position for which you are hiring, your budget for recruiting, the seniority of the post, the resources at your disposal, and your organizational requirements.

However, the majority of organization have a secret goal in mind when hiring new personnel. These qualities might not be present in these selecting processes.

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