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IRISSAK [1]
4 years ago
14

The concept of compound interest refers to: Multiple Choice earning interest on the original investment. payment of interest on

previously earned interest. investing for a multiyear period of time. determining the APR of the investment.
Business
1 answer:
pochemuha4 years ago
8 0

Answer:

b. payment of interest on previously earned interest.

Explanation:

In economics, simple interest happens when the interest that is accumulated within a period is not added to the main amount of debt or investment. On the contrary, compound interest means that the interest accumulated during a certain period are summed to the principal sum of debt or investment, actually increasing the value of the loan or deposit.

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Leviafan [203]

Answer:

Explanation:

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8 0
3 years ago
Apollo Corp. reported the following balance​ sheet: Cash ​$28,000 ​ Accounts payable ​$5,000 Accounts receivable ​15,000 ​ Notes
avanturin [10]

Answer:

Apollo's return on equity is 38.17%

Explanation:

The formula to compute the return on equity is shown below:

Return on equity = Net income ÷ total equity

where,

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And, the total equity is

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= $10,000 + $121,000

= $131,000

Now put these values to the above formula  

So, the value would equal to

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= 38.17%

3 0
3 years ago
At the green restaurants corporation, an employee survey reports efforts to increase worker satisfaction by redesigning jobs led
ra1l [238]

Based on the scenario, the most likely impact on these trends on the profits of Green Restaurants is that there will be a lower cost present by which this will likely lead their restaurant to gain and increase their profits, having a higher profits.

7 0
3 years ago
A bond that pays interest semiannually has a price of $941.35 and a semiannual coupon payment of $26.00. If the par value is $1,
zalisa [80]

Answer:

5.52%

Explanation:

Calculation to determine the current yield

Current yield = ($26.00 × 2)/$941.35

Current yield=$52/$941.35

Current yield= .0552*100

Current yield= 5.52%

Therefore the Current yield is 5.52%

8 0
3 years ago
A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of th
Amanda [17]

Answer:

The answer is Deliveries for which no purchase order was issued.

Explanation:

A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect____Deliveries for which no purchase order was issued._____

5 0
4 years ago
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