To get the future value of this amount, we should use the
formula I = Prt so that we could get the interest and then add it to the
principal amount to get the future value.
I = Prt
Where: P stands for principal, r for the rate and t for
time.
Plugging in the values in the given:
I = (750) (0.025) (1)
Interest = 18.75
Future value = Principal + Interest
= 750 + 18.75
= 768.75
The answer is letter a.
The answer is: competitive environment
The competitive environment of a company include all things that could affect how well the company could sell its product in the market. The factors that could affect such performance include things such as how many rivals sold similar products in the market, consumers' preference, how many products can be used as alternative for the company's product, etc.
Answer:
C. Unlimited liability for all partners
Explanation:
A partnership is a business arrangement in which two to twenty ( 2 to 10 for professionals such as lawyers accountants, etc) people come together to join resources together for profit motive.
A general partnership is a type of partnership in which all the partners have unlimited liability.
In a general partnership, all partners share in the asset and liabilities of the firm in the case of Liquidation.
In the event of liquidation, personal assets of the partners can be used in the settlement of the firms debt
<span>Credit card has slightly lower interest rate.
Let's take a look at both interest rates for 1 year and see what costs more. First, the credit card at 17% apr compounded monthly.
Each month, 17%/12 interest will be taken. The total interest over the year will be
(1 + 0.17/12)^12 = 1.183891728 times the original debt.
Now let's look at the loan from the parents. Over 1 year, you'll be accumulating 2 interest payments. The formula for the year will be
(1 + 0.09)^2 = 1.1881
Comparing the overall rate between the credit card and the parents, the credit card is slightly lower than the parents.</span>