The simple interest formula:
I = P * r * t,
where:
I - interest,
P - investment,
r - interest rate,
t - time ( in years )
P = $255.19, r = 5% = 0.05, t = 1
I = $255.19 * 0.05 * 1 = $12.7595 ≈ $12.76
Answer: The simple interest you would receive in 1 year is $12.76.
Answer: Pre-seed Funding Stage
Explanation:
The Pre-seed funding stage is described as the period in which start-ups are getting off with their operations from nothing or off the ground
The most common pre-series investors are:
Startup Owners
Friends and Family
Early Stage Venture Funds
The Pre-seed funding stage associates with funds between $10,000 to $100,000
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C.
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