Answer:
80 years
Explanation:
Data provided in the question:
Simple interest rate charged = 1.25% = 0.0125
Now,
Let principal amount be '$x'
we know, Simple interest = Principal × Interest Rate × Time
Since the debt is doubled this means the interest is equal to the principal amount
Therefore,
$x = $x × 0.0125 × Time
or
1 = 0.0125 × Time
or
Time = 1 ÷ 0.0125
or
Time = 80 years
i dont know, it could really be any thing tbh
1. Accounts receivable are found on the balance sheet.
2. Notes payable are found on the balance sheet.
3. Advertising expense is found on income statement
Answer:
2. Potential employees