The answer to the question above appears to be ''savings and loan''.
Answer:
C. revenues, gains, expenses and losses.
Explanation:
Income statement only reports the Income, Expenses, Gain or losses for the period. Assets, Equities and Liabilities are reported in balance sheet. Income statement only deals with temporary accounts and permanent accounts are dealt in balance sheet, So Revenue, Expenses, gains and losses are temporary account whereas the assets, Equity and liabilities are permanent accounts..
The interest earned compounded annually at $80.14
$1000 x (1.07)^2=1144.90 after 2 years
1144.90 x 0.07 = 80.14
A technique of calculating and adding interest to funding or mortgage as soon as a year, in preference to for any other period: if you borrow $100,000 at five% hobby compounded annually, after the first yr you'll owe $five,250 on a principal of $a hundred and five,000.
It's far to be mentioned that the above-given system is the general components while the major is compounded n quantity of instances in a yr. If the given most important is compounded annually, the quantity after the term at percentage fee of interest, r, is given as A = P(1 + r/a hundred)t, and C.I. could be P(1 + r/100)t - P.
That stated, annual hobby is commonly at a higher rate because of compounding. in place of paying out monthly, the sum invested has twelve months of increase. But if you are able to get the equal price of interest for month-to-month payments, as you can for annual bills, then take it.
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An expert system is a type of managerial system that uses artificial intelligence to give machines the ability to make choices. to learn and reason about problems like that of humans.
<h3>An expert system is what?</h3>
The computer software that simulates the decision-making abilities of a human expert is known as an expert system in the field of artificial intelligence. Instead of using standard procedural code, expert systems are designed to reason via knowledge bases that are primarily represented as if-then rules.
<h3>What is the operation of a smart system?</h3>
A smart system is a device with a built-in World wide web computer that can collect and analyze data as well as interact with other systems. Additional needs for intelligent systems include the capacity to adapt in light of new information, security, connection, and the capacity to learn from experience.
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