Answer:
The effective interest rate times the amount of the debt outstanding during the interest period.
Explanation:
Interest expense refers to the amount of money that is paid on the borrowing amount at a particular interest rate. If a person borrow some amount of money from the bank then he have to pay interest on the borrowing amount for a particular time period.
For example:
Borrowing amount = $10,000
Interest rate = 10%
Simple interest = Principle amount × Interest rate
= $10,000 × 0.1
= $1,000
Answer: Storming
Explanation:
In the stages of group development, the storming stage is regarded as a vital stage and also the most difficult stage.
The storming stage is a stage where there's conflict and competition among the members as there is an emergence of the personalities of the members. Also, at this stage there is reduction in the team performance because there's no unity among the members
Answer:
D)the second-period demand curve will shift substantially to the right.
Explanation:
If monopolist succeeds in selling a sufficiently high quantity in the first period, then in the second period it will further increase and will shift the demand curve to right hand.
