1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
777dan777 [17]
3 years ago
14

Grace got a loan of $500 from her bank, and she had to repay it with $550. Which term describes the extra money Grace had to pay

?
A. principal
B. Interest
C. annual percentage rate
Business
2 answers:
ziro4ka [17]3 years ago
6 0
B. Interest 
Because the bank has to charge a certain amount for loaning out the money
N76 [4]3 years ago
6 0

Answer:

Letter B. Interest.

Explanation:

Interest is the reward paid to deficits by surpluses. That is, it is the income that is charged to borrow money. Thus, the extra money of $ 50 is the interest that Greece should pay for loans to those who save (surpluses), that is, those who postpone consumption.

You might be interested in
A manager must make a decision on shipping. There are two shippers, A and B. Both offer a two-day rate: A for $526 and B for $53
MrMuchimi

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
Which of the following is the best definition for a monopoly? A. An industry being split among several companies to allow for co
Inessa05 [86]
B. A whole industry being owned by one company
5 0
3 years ago
Read 2 more answers
Which of the following is an essential characteristic of enduringly great companies? They undergo continuous change. They are so
Anit [1.1K]

Answer:

The answer is (A) They undergo continuous change.  

Explanation:

To remain competitive in today’s world, a company must be willing to continue changing according to what the market currently needs and will need in the future. When a company remains stagnant, it would be outpaced by its competitors. Most of the household names that we commonly encounter maintains a spirit of continuous improvement – and we can encounter this from the innovative product they choose to make, better customer experience, or improvement in internal business process.  

7 0
2 years ago
Tariffs are used to encourage global trade between two countries.<br> a. True<br> b. False
ira [324]
Tariffs are intentional taxes on imports from other countries. They are used to drive taxes up so that goods made in the country are more attractive to consumers. Because of this, other countries retaliate and raise their taxes too.

The answer is B: False
3 0
3 years ago
Read 2 more answers
Five aspects of business
emmasim [6.3K]

Answer:

Here you go!

Explanation:

Dont look dumb

Dont act dumb

Dont be dumb

Dont sound dumb

Be Nice :)

3 0
3 years ago
Other questions:
  • Which of the following can help an entrepreneur enter the business market of a different country? A. Creating a Web business B.
    15·1 answer
  • On May 10, Sheffield Corp. issues 2,500 shares of $5 par value common stock for cash at $12 per share.
    14·1 answer
  • RUSTON COMPANY Balance Sheet As of January 24, 2018 (amounts in thousands)Cash 9,000 Accounts Payabe 1,200Account Receivables 3,
    5·1 answer
  • Financial Statements of a Manufacturing Firm The following events took place for Rushmore Biking Inc. during February, the first
    5·1 answer
  • Type the correct answer in the box. Spell all words correctly. Over the last decade, George’s company has been intentionally red
    5·1 answer
  • On April 1, Moloney Meat Distributors sold merchandise on account to Fronke’s Franks for $2,100 on Invoice 1001, terms 1/10, n/3
    14·1 answer
  • In capitalism, what does competition do for consumers?
    8·2 answers
  • Developing a pool of concepts to serve as candidates for new products is the __________ stage of the new-product process.
    12·1 answer
  • Cash receipts and cash disbursement budgets for a government: Should be prepared monthly or as needed to enhance cash management
    6·1 answer
  • Although ZipCar has some routine operating tasks, its rules and regulations are, for the most part, not strict. ZipCar's decisio
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!