1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natasha_Volkova [10]
3 years ago
8

What does compounding interest mean??

Business
1 answer:
ivolga24 [154]3 years ago
7 0
Compounding interest is interest on top of interest.

For example, say you put 100 bucks in the bank.
You get 10% interest compounded daily on that 100 bucks.

That means that you get 10% interest not only on those 100 bucks, but all the money you make after.

So your interest would go from 10% on 100 bucks, to 10% on 110 bucks and so forth.

I hope this helps and please press that ❤ under my reply, it really helps!
You might be interested in
The index weighting that results in portfolio weights shifting away from securities that have increased in relative value toward
Sliva [168]

Answer: B. Fundamental weighting.

Explanation:

A fundamentally weighted index refers to a type of equity index whereby the components that are chosen based on the fundamental criteria like the dividend rates, book value, revenue, dividend rates, etc.

Fundamental weighting is the index weighting which results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced.

3 0
3 years ago
Snow Cap Company has a unit selling price of $250, variable costs per unit of $170, and fixed costs of $160,000. Compute the bre
snow_tiger [21]

The break-even point in units using the mathematical equation  is 2,000 in units and the unit contribution margin is 80 per unit.

<h3>Break even points in units</h3>

a. Break-even point in unit

Using this formula

Break-even point in unit=Fixed cost/(Selling price-Variable cost)

TC = FC + VC

Sales - TC = Net Income

Sales - TC = 0

Sales - FC - VC = 0

2500(Q)-160,000-170(Q) = 0

80(Q)-160,000 = 0

80(Q)=160,000

Q=160,000/80

Q=2,000 break-even in units

b. Unit contribution margin

Unit contribution margin = Selling price- Variable cost

Unit contribution margin= $250 - $170

Unit contribution margin =$80 per unit

Inconclusion the break-even point in units using the mathematical equation  is 2,000 in units and the unit contribution margin is 80 per unit.

Learn more about break-even point here:brainly.com/question/9212451

8 0
2 years ago
While filling out a personal assessment, a student notices that many of her interests involve science and research. Therefore, t
olya-2409 [2.1K]
Technology cluster would be your best bet.
3 0
3 years ago
Read 2 more answers
Supply chain analytics programs have many objectives that, if realized, would
natali 33 [55]

Answer:

Explanation:

A. mean higher prices for customers but will lead to greater customer satisfaction

B. mean higher prices for customers and thus lower customer satisfaction

C. offer lower prices for customers but lead to lower customer satisfaction

D. offer lower prices for customers and lead to greater customer satisfaction

8 0
3 years ago
Kingbird, Inc. sells 450 shares of common stock being held as an investment. The shares were acquired six months ago at a cost o
Nadya [2.5K]

Answer:

Debit  : Cash  $22,950

Credit : Common Stock  $22,950

Explanation:

When shares were held sorely for  investment, on date of sale, we simply record the cash proceeds and no gain on sale of shares is recognized.

Therefore, Cash Proceeds = $51 x 450 shares = $22,950

3 0
3 years ago
Other questions:
  • In an episode of the Glee television series, members of the glee club sold home-baked cupcakes at school to raise money. The stu
    10·1 answer
  • On the food label for a package of crackers, what does a 15 percent daily value for iron mean?
    6·2 answers
  • Taco Hut purchased equipment on May 1, 2018, for $15,000. Residual value at the end of an estimated 8-year service life is expec
    12·1 answer
  • Tater and Pepper Corp. reported sales for 2018 of $43 million. Tater and Pepper listed $7.6 million of inventory on its balance
    10·1 answer
  • Sky High Company has two​ departments, X and Y. The following estimates are for the coming​ year: X Y Direct manufacturing labor
    15·1 answer
  • Which type of unethical activity is sometimes caused by channel management?
    5·2 answers
  • Spouse: “I know that you get angry a lot. I’m sure that pretty soon you will hit me or something. And what are we gonna do when
    8·2 answers
  • International standards are used in supply chain to....
    7·1 answer
  • What is the purpose of database normalization in tables?
    11·1 answer
  • According to the concept of comparative advantage, a good should be produced in that nation where?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!