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Serjik [45]
3 years ago
9

The purpose of business activity is to make profit for business? True\False

Business
1 answer:
vladimir2022 [97]3 years ago
8 0
The answer is true .
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If $13,000 is borrowed at 5.8% simple interest for 10 years, how much interest will be paid for the loan
Anni [7]

Answer:

7,540

Explanation:

Principle is $13,000

Rate is 5.8%

Time is 10 years

Therefore the simple interest can be calculated as follows

= principle × rate × time

= 13,000 × 5.8/100 × 10

= 13,000 × 0.058×10

= 7,540

Hence the simple interest is 7,540

4 0
2 years ago
Why are social security and medicare considered highly efficient programs? multiple choice they are administered at the local le
gregori [183]

The largest and most expensive social welfare programs in America are Social Security and Medicare. Medicare receives the funding the most, and it is not tested program while the social security is the example of entitlement. The Social Security Act of 1935 brought government into the equation of the obligations of one generation to another.

6 0
3 years ago
True or False the following are all examples of Significant Financial Interest (SFI) for NIH.
dexar [7]

Answer:

The answer is: D) a,b, and c

Explanation:

Significant financial interest (SFI) is anything of monetary value, whether that value can be determined or not, that belongs to: an investigator, the investigator's spouse, or any dependent children.

When an investigator receives funding from the NIH it must complete a Declaration Form including all the SFI acquired or discovered in the past year.  

Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.

7 0
2 years ago
Interest is the rate earned from a <br> stock share <br> savings account <br> deposit <br> loan
Law Incorporation [45]

Answer:

savings account

deposit

Explanation:

Interest is the money earned when deposits or savings stay in a financial institution for some time. Financial institutions such as commercial banks pay interests to encourage the public to save and keep deposits in their bank accounts. Interest earned is determined by the amount of deposit or saving, the interest rate offered, and the duration of time the money stayed in the bank.

A high-interest rate is attractive to the public as it earns more interest. Financial institutions compete for deposits and saving by offering better interest rates.

4 0
3 years ago
Define term total utility and marginal utility​
elena-14-01-66 [18.8K]
Term total utility: The utility is the satisfaction that an individual derives from consuming a good or service. Similarly, total utility is the total satisfaction received from consuming a given total quantity of a good or service.

Marginal utility: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. ... Marginal utility can be positive, zero, or negative.
7 0
2 years ago
Read 2 more answers
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