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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 has worked for you before?" identify the stage from the five-stage counseling model where an interviewer would most likel
taurus [48]

The Restory stage.

The 5 stages of the well-formed counseling session are:

1. Empathic relationship

2. Story and strengths

3. Goals

4. Restore - This question would fall under this stage because it's a recap of what worked well and what didn't work to figure out what are the next steps to take.

5. Action

3 0
3 years ago
Diane, a police officer, stops Tim's car for a traffic offense. While talking to Tim, she shines a flashlight into the passenger
kati45 [8]

Answer:

Diane may search the passenger compartment of the car and any place else in the car, including the trunk, without Tim's consent. ⇒ TRUE

Explanation:

The Fourth Amendment of the Constitution protects people against illegal searches, seizures and warrants, but there are exceptions to this amendment:

  1. consensual searches: if the person is OK with the police officer searching his/her belongings
  2. brief investigatory stops: when the police officer is suspicious about a crime being committed
  3. searches incident to a valid arrest: if the police officer is arresting someone, he/she is allowed to search him
  4. seizures of items in plain view: if property is in plain view, the police officer does not need a warrant. ⇒ this exception applies to this case.
4 0
3 years ago
Spartan Systems reported total sales of $374,400, at a price of $24 and per unit variable expenses of $13, for the sales of thei
V125BC [204]

Answer:

$214,500

Explanation:

For the computation of the amount of contribution margin first we need to follow some steps which are shown below:

No of units sold = Total sales ÷ selling price per unit

= $374,400 ÷ $24

= $156,00

Variable cost = No of units sold × Variable cost per unit

Variable cost = $15,600 × $13

=$202,800

Contribution margin = Sales - Variable cost

= $374,400 - $202,800

= $171,600

CM ratio = Contribution margin ÷ Sales

= $171,600 ÷ $374,400

= 0.46

Contribution margin = CM ratio × Sales Contribution margin

= 0.46 × (1.25 × $374,400)

= $214,500

3 0
3 years ago
An alternative to CFL bulbs and incandescent bulbs are light-emitting diode (LED) bulbs. A 100 W incandescent bulb can be replac
mariarad [96]

Answer:

It cost $5.84 to run the LED bulb for one year if it runs for five hours a day.

Explanation:

E = Pt

  = (16W)(365*5)

  = 29200Wh

  = 29.2 kWh

cost of operation = E($0.2/kWh)

                             = (29.2 kWh)($0.2/kWh)

                             = $5.84

Therefore, It cost $5.84 to run the LED bulb for one year if it runs for five hours a day.

8 0
3 years ago
Lance Whittingham IV specializes in buying deep discount bonds. These represent bonds that are trading at well below par value.
Marianna [84]

Answer:

$508.63

Explanation:

For this question, we use the Present value formula that is reflected in the attached spreadsheet. Kindly find it below:

Provided that

Given that,  

Future value = $1,000

Rate of interest = 14%

NPER = 15 years

PMT = $1,000 × 6% = $60

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $508.63

3 0
3 years ago
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