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GaryK [48]
4 years ago
6

What is compund interest?

Business
2 answers:
yanalaym [24]4 years ago
7 0

The method of calculating the interest where the interest gained over the specified time is summed up to the principal.

<u>Explanation:</u>

In simple words, calculation of compound interest includes the principal and accumulated interest of the previous year of deposit. It is considered to be magical word as it helps in building wealth.

For example, assume ABC company invests 20$ in a bank with 5% interest per annum (year) for 10 years so, here the compound interest is . The compound interest can be calculated with the following formula,

\bold{\text { Compound Interest }(C I)=P\left(1+\frac{r}{n}\right)^{n t}-P}

where, A is the Amount; P is the principal; r is the rate of interest; n is the number of times the interest is compounded per unit‘t’ and t is time or number of years.

dlinn [17]4 years ago
4 0

Answer:

compound interest- interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan.

Explanation:

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The _____ principle states that accounting information is based on actual cost.
Ierofanga [76]

The cost principle principle states that accounting information is based on actual cost.

<h3>What is cost principle?</h3>

The cost principle  cannbe regarded aa an accounting principle that stressed that an asset should be recorded at the purchase price.

Therefore, cost principle, stressed that accounting information is based on actual cost.

Learn more about cost principle at:

brainly.com/question/13186211

7 0
2 years ago
Read 2 more answers
One point on a market supply curve represents $4 and 100 units quantity supplied. If there are three suppliers, and at a price o
Klio2033 [76]

Answer:

Option "C" is the correct answer to the following question:

Explanation:

Given:

Total market supply = $4 and 100 quantity  

Number of suppliers = 3

1st supplier supplies = $4 and 23 units  

Computation of total remain units:

Total remain units = 100 units - 1st supplier units

Total remain units = 100 units - 23 units

Total remain units = 77 units

So,

Only option "C" satisfies the total supply of remain 77 units with two suppliers.

40 units + 37 units

77 units

3 0
4 years ago
In west county, african americans had a high rate of intimate partner violence and a high rate of unemployment. after the recess
tigry1 [53]
After the recession finished and joblessness dropped, so did rates of close accomplice brutality since African Americans have a culture which securities them together amid difficult circumstances and they managed the issue all things considered. 
As a subsidence closes many individuals who had surrendered any expectation of discovering occupations and had quit searching for work recover seek and begin taking care of work.
4 0
3 years ago
which propaganda technique is being used in the following statement? ""the cure-all competitor is not qualified to be pain medic
Aleks [24]

The propaganda technique that is employed in the statement is <em>"Name-Calling Propaganda."</em>

  • "Name-Calling Propaganda involves the propaganda technique of <u>putting the competitor down by giving the brand a name</u>. For example, in the statement, the competitor's brand was described as <em>"the cure-all competitor."</em>

  • To illustrate the name-calling propaganda, the co-competitor states that this competitor's brand is not qualified as it lacks the required ingredients.

  • Propaganda is mainly a public relations tactic used by marketers to promote their brands over the competition. The technique may promote some positive or negative ideas about a particular brand in the minds of consumers.

  • Other propaganda techniques include <u>testimonials, stereotyping, bandwagon, fear appeals</u>, among others.

Thus, the propaganda technique as stated above is "Name-Calling."

Read more about propaganda techniques at brainly.com/question/22965566

6 0
3 years ago
A sole proprietorship: a. provides limited liability for its owner. b. has its profits taxed as personal income. c. can generall
Varvara68 [4.7K]

Answer:

The correct answer is option b.

Explanation:

A sole proprietorship can be defined as a business that is run by only one person. It is not a separate legal entity and is easy to form and the owner controls the whole business.  

The disadvantage of a sole proprietorship is that there is an unlimited liability. There is no distinction between private and business assets. It does not have an unlimited life, with the death of owner it is generally shut down. The main source of capital is the owner.  

3 0
3 years ago
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