All categories

3 years ago

What is compund interest?

2 answers:

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]3 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:

You might be interested in

Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. Als

olya-2409 [2.1K]

Answer:

The correct answer is option a.

Explanation:

The full-employment level of output is $2,000.

The current level of output is $1,900.

The current aggregate demand is $1,850.

There is a need to increase the aggregate demand by $150 to reach full employment level.

The government increases purchasing by $30.

$Increase\ in\ income\ =\ Change\ in\ government\ spending\ \times\ spending\ multiplier$

$\$ 150\ =\ \$ 30\ \times\ \frac{1}{1-MPC}$

$\$5 = \frac{1}{1-MPC}$

1 - MPC = $\frac{1}{5}$

MPC = 1 - 0.2

MPC = 0.8

6 0

3 years ago

A recently launched line of baby clothing is gaining popularity among a large mass of the population. In which stage of fashion

svet-max [94.6K]

C. Rise stage
Because if it’s gaining popularity then it’s on the rise to being popular

8 0

3 years ago

Read 2 more answers

A firm negotiates a(n) _________ with its bank. This arrangement gives the firm access to a specified amount of unsecured short-

Vesna [10]

Answer:

<u>Line of credit </u>

Explanation:

A line of credit refers to a mechanism of availing short term credit from banks whereby a borrower is provided with a preset limit till which funds can be availed anytime.

As the borrower repays the money borrowed, the line of credit gets restored to the previous level provided it is an open line of credit.

Line of credit specifies the maximum limit till which money can be borrowed. The rate of interest and repayment time period are decided by the lender which is usually a bank.

Borrower is usually supposed to pay interest upon the money actually borrowed and not the full limit of the line of credit.

7 0

3 years ago

A(n) ________ represents a condensed version of the registration statement that enables prospective investors to evaluate a stoc

stiks02 [169]

Answer:

D. prospectus

Explanation:

prospectus is a term used in company law, it can be regarded as a formal and legal document that are used for invitation of offers from the public, so that public can subscribe to or purchase any securities. prospectus is basically a formal and legal document issued by a body corporate which acts for inviting offers from the public for subscription or purchase of any securities.prospectus is usually issued by a body corporate. And in this case the entitlement on issueing of prospectus is open to the every public company so that they can issue prospectus for shares or debentures, however not required as far as private company is concerned. It should be noted that prospectus represents a condensed version of the registration statement that enables prospective investors to evaluate a stock for possible purchase.

3 0

2 years ago

match the business analytic tool with the question it sets out to answer. question 30 options: optimization statistical analysis

USPshnik [31]

The correct answers are 1:D, 2:C, 3:D, and 4:A for the business model and questions related to it.

This can be explained as follow:

Questions--- Business models

1. Why is this happening?- Statistical analysis

2. What if these trends continue?- Forecasting/extrapolation model

3. What will happen next?- Predictive modeling

4. What is the best that can happen?- optimization model

The complete question is:

Match the business analytic tool with the question it sets out to answer. options of questions are:

1. Why is this happening?

2. What if these trends continue?

3. What will happen next?

4. What is the best that can happen?

Match them with the following models:

A. Statistical Analysis

B. Predictive modeling

C. Forecasting/extrapolation

D. Optimization

To learn more about financial analysis please click on the given link: brainly.com/question/28388002

#SPJ4

6 0

9 months ago