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DanielleElmas [232]
3 years ago
14

Can you think of ways that globalization has helped you economically? Can you think of ways that it has not?

Business
1 answer:
frosja888 [35]3 years ago
5 0

Answer:(A)

IT HAS IMPROVED MY COMMUNICATION AIDING MY BUSINESS.

IT HAS IMPROVED MY KNOWLEDGE WHICH HAS ENABLED ME TO GAIN ACCESS TO QUICK LOANS.

(B) IT HAS INCREASED CYBER ATTACKS ON MY SMART DEVICES.

IT HAS HAS CAUSED ME TO LOSE MONEY TO SOME FRAUDULENT PERSONS.

Explanation: Globalization is a term used to describe the interconnection of the different countries, Organisations, communities to another. Through globalization the world as been Described as a "Village" where distant communities or countries interact easily.

Globalization has improved and given me access to International Organisations through which I communicate and do business,it has aided by ability to communicate with friends, family and colleagues within and outside the Country.

It has advanced my knowledge in different fields through search Global engines through which I have been able to gain access to quick and easy loans.

Globalization also have some Negative impact on me as it has increased the chances of Cyber attacks on me and fraudulent activity of some criminals.

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Morgan will get $1600 with the process of simple interest.

<h3>what is simple interest?</h3>

Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.

Rate of interest = 12%

principal = $1000

Time = 5 years

Simple interest

=\frac{1000 \times 5 \times 12}{100}\\=600

Now amount = 1000+600 = 1600.

Therefore, Morgan will get $1600.

To learn more about simple interest from the given link

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2 years ago
Beginning on January 1, 2020, 5 equal deposits are to be made in a fund. Required: Using the appropriate tables, determine the e
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Answer:

Explanation:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\  

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time 5 years

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C  $ 32,759.496  

The installment will generate 10% interest overtime and provide with a 200,000 dollar count after six years

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3 years ago
An office building has $66,000 of net income and sold for $550,000. What was the rate of return? 12% 8.3% 10% 11.1%
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Answer:

8,3

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5 0
3 years ago
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The of accounts receivable method uses several percentages to estimate the allowance.
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Answer:

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