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Archy [21]
3 years ago
7

PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!

Business
1 answer:
inessss [21]3 years ago
8 0
Omg! Do you do k12? Me too!
Financing is usually investing in businesses. So looking at the answers. . . 
I think it's using a credit card to pay for purchases.
If it's wrong I completely apologize! 
Hoping this helps!
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PLZZZ HELP, i have limited time and i will give brainliest.
Schach [20]

Answer:

Q1. Selena will have earned <em><u>$ 25.00</u></em> in interest by the end of the year.

Since interest paid is 5% in simple interest, we can calculate that by using the formula:

SI = (P)(r)(t)

SI = (500)(0.05)(1) = 25

Q2. The balance in Suki's account at the end of two years will be <em><u>$866.2854.</u></em>

This means that she will have earned <em><u>$66.2854</u></em>  in interest.

Since interest is compounded quarterly, Suki will receive interest for 8 periods. The formula for compound interest with more than one interest period per year is:

\mathbf{A = (P)*(1+(\frac{i}{m})^{n*m}}

where

A is the amount at the end of the period

P is the principal

i is interest rate per annum

m is number of compounding periods in a year

n is number of years

Substituting the values in the formula above we get,

A = (800)*(1+(\frac{0.04}{4})^{2*4}

A = (800)*(1.01)^{8}

\mathbf{A = 866.2853645}

Now, we calculate the interest earned by doing \mathbf{CI = A -P}.

\mathbf{CI = 866.2854- 800 = 66.2854}

Q3. It will take <em><u>18 years</u></em> for the money to double to $100.

Since we need to use the rule of 72, we'll divide 72 by the interest rate to determine the number of years needed to double the investment's value.

So, the number of years is \frac{72}{4} =18.



5 0
2 years ago
Which of the following is subtracted from national income to get to personal income?
emmasim [6.3K]

Answer:

The answer is "Option A"

Explanation:

RE stands for retained income, In this system also requires the net income to be used in the accounting and cash flows, while the statement of money flow, which is not released as dividends of shareholder value, is used instead for new investments within the company, and other options are were wrong that can be described as follows:

  • Option B and option D are similar to each other because, both used for payment on personal and consumer loans, that's why it is not correct.
  • In option C, It is used in the calculation, that's why it is not correct.

3 0
3 years ago
Maryam phoned her auto insurance agent to renew her policy. The agent told her about new types of insurance now available-to cov
nadya68 [22]

Answer:

The correct answer would be, Product Development Growth Strategy.

Explanation:

In Product Development Growth Strategy, the company emphasizes in the promotion of the new or existing product in new or existing market. In this strategy, the existing products or services are modified just a way that they look new and exciting for the existing or the new clients. When there seems little to no opportunity for new growth in a company's current market, this product development growth strategy is used.

So the auto insurance agent is also using this strategy with his existing customer, Maryam, who called him to renew her policy. He tells her about some new exciting features that has been included in their services. So he basically is promoting or pursuing a product development growth strategy.

3 0
3 years ago
When the perpetual inventory method is being used, the accountant debits __________ __________ and credits Accounts Payable (or
777dan777 [17]

Answer:

merchandise inventory

Merchandise inventory

Merchandise inventory    

Merchandise inventory

Merchandise inventory    

Merchandise inventory

Explanation:

When the perpetual inventory method is being used, the accountant debits  <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.

When the perpetual inventory method is being used, the accountant debits  <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.

When the perpetual inventory method is being used, the accountant debits  <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.

The cost of each sale transaction ensures that the merchandise inventory account under a perpetual inventory system reflects the updated cost of merchandise available for sale.

4 0
3 years ago
how might a recent college graduate's investment portfolio differ from someone who is nearing retirement?​
iren [92.7K]

Answer:

A recent college graduate's investment portfolio will differ from someone who is nearing retirement due to the length of time someone who is at the end of their career has had to invest whereas someone who is a recent college graduate hasn't had the time/money to invest

Explanation:

4 0
3 years ago
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