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lidiya [134]
3 years ago
15

What is the essential concept in understanding compound interest?

Business
1 answer:
Paul [167]3 years ago
8 0

Answer:

Explanation:

The main concept that needs to be understood is the idea of getting paid interest on money that you made from interest payments. This is technically the entire system of compound interest, you invest money into something that provides such interest. You get paid a percentage interest on that money, you then reinvest that payment back into the same investment. Now your next interest payment will be more due to the reinvested amount, and so on. This drastically increases the amount of money that is made over time.

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Investments in debt securities that the company actively manages and trades for profit are referred to as short-term debt invest
boyakko [2]

Answer: c. trading securities.

Explanation:

Trading securities are short term debt securities that a company buys in order to make a profit in that short term period. They actively manage and trade these securities and then trade them for profit.

It is an excellent way to gain return for any excess cash that the business has and they only invest in such things when they believe that there is a good chance of profit being made.

7 0
3 years ago
Riemer, Inc. has four departments. Information about these departments is listed below. Maintenance is a service department. If
Norma-Jean [14]

Answer:

a. $3,520.

Explanation:

The computation of the amount of maintenance cost allocated to the Cutting Department is given below:

= maintenance cost ÷ total floor space excluding maintenance cost

= $20,000 ÷ 6,250 × 1,100

= $3,520.

hence, the option is A.$3,520.

The 6,250 comes from

= 1,100 + 2,100 +  3,050

= 6,250

8 0
3 years ago
Disparate treatment could be legal if the discrimination: a. results in increased efficiency. b. is performed by a governmental
marta [7]

Answer:

The correct answer is D

Explanation:

Disparate treatment is the treatment which differing conduct or performed toward the individuals, where the differences are grounded on the individual age, colour, national origin, race, disability or religion status.

This treatment would be legal if the discrimination would be BFOQ (termed as bona fide occupational qualification), the courts must have held that in few situations that the factor like sex or religion might be BFOQ, which is important qualification for performing a job.

7 0
3 years ago
Hirons Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. T
Tatiana [17]

Answer:

$ 10,867 F

Explanation:

Actual results$305,100

Flexible budget [$56,840+ ($2,874× 89) + ($13 ×257)]

$56,840+$255,786+$3,34= $315,967

Spending variance $ 10,867

($305,100-$315,967)

The spending variance for plane operating costs in November would be closest to $ 10,867 because the actual expense is less than the flexible budget, which makes the variance favorable (F)

8 0
3 years ago
Directions and Analysis Task 1: Defining Entrepreneurship Before deciding on a business. you determine that you need to know mor
andrew11 [14]

As with most things, market research has certain trends that come and go over time. Identify at least two market research trends, past or present, and explain the limitations of these trends.Question

Directions and Analysis Task 1: Defining Entrepreneurship Before deciding on a business. you determine that you need to know more about entrepreneurship Describe entrepreneurship. How is it different than working for someone else? How does entrepreneurship affect you? How does it affect the economy? Type your response here: Task 2: Latest Trends in Entrepreneurship Conduct online research to find out some of the latest trends in entrepreneurship. Describe five such trends in brief.​

8 0
3 years ago
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