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Sergeu [11.5K]
4 years ago
11

2. What is the difference between compounding and simple interest? (2 points)

Business
1 answer:
Svet_ta [14]4 years ago
5 0

Answer: Simple interest is calculated only on the principal amount, when compounded is calculated on the principal amount and the interests.

Explanation:

Hi, the difference between compounding and simple interest is that the simple interest is calculated only on the principal amount deposited, the original amount.  

A = P (1 + rt)

In the other hand, compounded interest is calculated on the principal amount and in the accumulated interests of the different periods (interest on interest)

A = P (1 + r/n) (nt)

n is the number of times that interest is compounded per unit t

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When Free Trade Agreements are negotiated:___________
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<u>Explanation:</u>

Put simply, a <u>free trade agreement</u> occurs between two or more countries, in which the agreement removes barriers of trade (imports and exports) between the Countries.

For example, if country A sells shoes to country B, <em>under</em> a free trade agreement there will be no government tariffs imposed by country B on the goods imported from country A.

7 0
3 years ago
Which of the following statements is true regarding today's marketing communications?
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Answer:

Letter E is correct. <em>Today's consumers are better informed about products and services.</em>

Explanation:

We live in the information age, this means that today's marketing communication is much more direct and accurate. Information is easily disseminated through all easily accessible channels: internet, television, newspapers and magazines, so access to knowledge increases the participation of individuals, who now have much more power to modify their relationship with companies, brands and Marketplace.

The new consumer is much more aware of what they buy, so their demands for quality products and services are growing, they also have the power to actively influence companies, making them act transparently and adopt processes that contribute to the process. development of society in general.

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3 years ago
A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to1. Retained
gregori [183]

Answer: Option (2)

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For example, if Jason completed credit applications in four different dealers, his score may drop because the entities that are going to lend him the money consider this activity as something negative.

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