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klio [65]
3 years ago
10

Would you rather have a savings account that offered simple interest, or an account that offered compound interest? Why?

Business
2 answers:
klemol [59]3 years ago
8 0

I would have a one that offered compound. Because then the more money that was in there the more money you get

Charra [1.4K]3 years ago
4 0
Simple, because simple interest is a quick and easy tansaction
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What are pathways designed for ?
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2 years ago
During a recent brainstorming session, one of Franklin's co-workers suggested that their company could sell some of the data con
PIT_PIT [208]

Answer:

B. Respect the privacy of others

Explanation:

Like in many other <em>data privacy</em> dilemmas, it is often considered highly unethical to give your customer's data to third parties. Having that in mind, it is a <u>privacy breach</u> to sell customer data.

The customers would have to give their consent in order to have their data used for purposes other than those that brought their data to Franklin's company in the first place.

5 0
3 years ago
A company has a fiscal year-end of December 31: (1) on October 1, $32,000 was paid for a one-year fire insurance policy; (2) on
Olegator [25]

Answer:

The new income will be higher by $22,800.

Explanation:

The net income is the actual earnings of the business which is determined from the profit or loss statement by deducting all the expenses from the revenues earned.

The effect of the adjusting entries on the net income will be as follows:

1) Insurance expense will be of $8,000. It is charged for the period of three months only. This will decrease the net income.

2) Interest revenue will be of $1,200. It is charged for 6months. This will increase the net income.

3) The depreciation expense of $16,000. This will decrease the net income.

Therefore for the overall effect on the net income, if there will be no effect of the above adjustments then it will show net income by higher amount then the actual net income, by $22,800.

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2 years ago
A health insurance provider has used market ________ to identify groups of businesses that have unique needs when providing insu
Kaylis [27]

Answer:

Segmentation

Explanation:

Market segmentation is a study that decides whether the company splits its members or populations into smaller categories based on factors such as age, wealth, personality features or actions. These divisions will also be used to tailor goods and ads to specific consumers.

In the case of health insurance providers, they use market segmentation to maintain the difference between individuals and decide about their premium, desire and other benefits.

8 0
3 years ago
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