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kompoz [17]
2 years ago
13

The function of interest is to make lending money worthwhile and profitable for the __________.

Business
2 answers:
Ymorist [56]2 years ago
7 0
<span>The function of interest is to make lending money worthwhile and profitable for the lender. The government is monitoring the lender and they are not allowed to give a very high interest rate. Credits and loans are not socially acceptable in the society since this only profitable to the lender.</span>
Helga [31]2 years ago
7 0

Answer:

It is A..........................

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Greeley [361]
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6 0
2 years ago
A customer has made an investment that pays $20 of interest during its first year and that has appreciated by $250, for a year-e
love history [14]

Answer:

0.2571 or 25.71%

Explanation:

In this case, even though the initial amount invested is not given, it can be found by subtracting the amount by which the investment appreciated of the year-end value:

A = \$1,300 - \$250\\A = \$1,050

The return rate is given by the interest payed added to the amount appreciated, divided by the initial investment:

r=\frac{\$250+\$20}{\$1,050} \\r=0.2571= 25.71\%

The customer's total return is 0.2571 or 25.71%

6 0
3 years ago
The sea wharf restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspape
Andreas93 [3]
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If local newspaper advertising is one of the four types, then:

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5 0
2 years ago
A government imposes _____ to increase competition in the marketplace.
alina1380 [7]
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6 0
2 years ago
Read 2 more answers
For a restaurant, the logical activity base for wages expense would be a. number of customers. b. number of employees. c. number
vovikov84 [41]

Answer: The answer is B, the logical activity base for salary expenses is Number of employees.

Explanation:  

For a restaurant, the logical activity base for salary expenses is the number of employees because the more employees you have, the more salary expenses the company will have.

6 0
3 years ago
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