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Georgia [21]
3 years ago
7

If you invest $9200 in a savings account with a yearly interest rate of 3% for 7 years, how much simple return did you earn....

Business
1 answer:
Papessa [141]3 years ago
4 0
I think it is c 2850
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PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!
daser333 [38]
C. Opening a bank. 

Because your opening up an bank account, therefore you not using any kind of money, or credit. UNTIL you put something inside the account. 

6 0
3 years ago
Read 2 more answers
On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $1440000, bearing interest at
Vilka [71]

Answer:

$28,800

Explanation:

I will just assume that there are three equal annual principal payments of $480,000. If we use $550,000, the total principal would = $1,650,000.

accrued interests from September to December = principal x (9%/12) x 4 months

principal = $480,000 x 2 = $960,000

accrued interest payable  = $960,000 x 0.75% x 4 = $28,800

3 0
3 years ago
A net worth statement, financial goals, and a budget are all part of a _____.
Gemiola [76]
A net worth statement, financial goals, and a budget are all part of a financial plan.
5 0
3 years ago
terrence’s team is very close and tends to agree on most decisions with little discussion. terrence should be concerned about
ad-work [718]

Terrence should be concerned about groupthink.

  • Groupthink refers to the common opinion or group consensus suppresses people's ability to provide alternative solutions to the problem as a result all the members of the group agree on the same conclusion.
  • The desire to promote group cohesion and deduction of common conclusion to a problem negatively affects the promotion of thinking abilities, good decision making abilities, and problem solving abilities of group mates.
  • When a team mates derive a common conclusion without an elaborate discussion or with a little discussion. It is indicative of problem of groupthink.

Hence, Terrence should be concerned about groupthink as the team agree on most decisions with little discussion.

Learn more about decision:

brainly.com/question/24128805

4 0
3 years ago
Read 2 more answers
James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four ti
Tanya [424]

Answer: Account A

Explanation:

Account A would be best for James as it provides the most value for the things he would like to do.

  • ATM charges are free with this account so he can use the ATM four times in the month at no charge
  • He would pay no monthly fees as he uses direct debit
  • He would pay an annual fee of $0
  • And as online payments are free, he would not have to worry about getting charged for the 8 bills to process in the month.

3 0
3 years ago
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