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3 years ago

Accounting is the language of business. Yes or no

2 answers:

monitta3 years ago

7 0

Accounting knowledge is a sum of business not language of business
The language of business is Creative thinking and problem solving

Ganezh [65]3 years ago

5 0

Accounting is the language of business

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Principal Rate Time Interest Amount $ 720.00 6.00% 5 years a. $216.00 b. $936.00 720.00 6.00 5 months a. $18.00 b. $738.00 720.0

Komok [63]

Answer:

1- $216

2- $18

3- $0.59

4- $54

5- $10.77

Explanation:

1- If the investment lasts 5 years, with an interest of 6% and a principal of $ 720,00, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) x 5 = X

43,20 x 5 = X

216 = X

Therefore, after 5 years of investment, they will have earned $ 216 in interest.

2- If the investment lasts 5 months, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 12) x 5 = X

43.20 / 12 x 5 = X

3.6 x 5 = X

18 = X

Therefore, after 5 months of investment, they will have earned $ 18 in interest.

3- If the investment lasts 5 days, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 365) x 5 = X

43.20 / 365 x 5 = X

0.118 x 5 = X

0.59 = X

Therefore, after 5 days of investment, $ 0.59 in interest will have been earned.

4- If the investment lasts 15 months, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 12) x 15 = X

43.20 / 12 x 15 = X

3.6 x 15 = X

54 = X

Therefore, after 15 months of investment, they will have earned $ 54 in interest.

5- If the investment lasts 91 days, with an interest of 6% and a principal of $ 720, the interest generated at the end of said investment arises from the following calculation:

(720 x 0.06) / 365) x 91 = X

43.20 / 365 x 91 = X

0.118 x 91 = X

10.77 = X

Therefore, after 91 days of investment, you will have earned $ 10.77 in interest.

8 0

3 years ago

An unusual development in the wake of the 2007-2009 financial crisis was that nominal interest rates on some financial instrumen

bogdanovich [222]

Answer:

c. The real interest rate is 1 percent and the expected inflation rate is minus 2 percent

Explanation:

Nominal interest rate = real interest rate + expected inflation rate.

For the third option, the nominal interest rate: 1% + (-2%) = -1%

For the first option, the nominal interest rate: 2% + 1% = 3%

For the second option, the nominal interest rate: 0 + 2% = 2%

For the fourth option, the nominal interest rate: -2% + 3% = 1%

I hope my answer helps you

4 0

3 years ago

Joey bought a dozen oranges for $3. 50 and several bananas for $0. 25 each at the grocery store. Joey spent a total of $5. 75 on

Verizon [17]

The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

Let the number of bananas be B.

Given the following data:

A dozen oranges = $3. 50

Bananas = $0. 25

Total cost = $5.75

Note: A dozen oranges is equal to 12 oranges.

To determine the number line that best represents the number of bananas Joey purchased:

First of all, we would calculate the number of bananas that Joey purchased:

$3.50 +0.25B =5.75\\\\0.25B =5.75-3.50\\\\0.25B =2.25\\\\B=\frac{2.25}{0.25}$

B = 9 bananas.

For the number line:

The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

6 0

2 years ago

Does visa debit card consider a credit card? (bank of america?

loris [4]

I don't think so cause they are both different companies.

5 0

3 years ago

"A client receives a $150 gift card from a broker-dealer for giving a testimonial about her highly positive experience with her

netineya [11]

Answer:

Explanation:

In a scenario such as this one, the broker-dealer is not required to disclose whether any guarantee of growth was made by the representative to induce the giving of the testimonial. This is backed by the FINRA rule on testimonials used in communications which states the following:

“Retail communications or correspondence providing any testimonial concerning the investment advice or investment performance of a member or its products must prominently disclose the following:

The fact that the testimonial may not be representative of the experience of other customers.
The fact that the testimonial is no guarantee of future performance or success.
If more than $100 in value is paid for the testimonial, the fact that it is a paid testimonial.”

5 0

3 years ago