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Svetlanka [38]
4 years ago
9

The difference between simple and compound interest in a savings account is that ______________. Question 16 options: You will a

lways earn less than 10% interest with a simple interest savings account You will always earn more than 10% interest with a compound savings account. You will earn more interest with a compound interest savings account You will earn more interest with a simple interest in a savings account
Business
1 answer:
joja [24]4 years ago
4 0

Answer:

The difference between simple and compound interest in a savings account is that You will earn more interest with a compound interest savings account

Explanation:

The interest in a compound interest savings account is greater than the interest in a simple interest savings account because compound account takes the account balance plus previous paid interest (Balance+previous interest) in order to calculate the interest that the bank is going to pay for the funds that are in the account.

However, simple interest saving account only calculate the interest based on the current balance of the account.

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Traves Corporation incurred $69,000 of actual Manufacturing Overhead costs during October. During the same period, the Manufactu
Andru [333]

Answer:

                                           Dr.            Cr.  

Work in progess                68,000

Manufacturing overhead                68,000

Explanation:

The appliesmanufacturing overhead will be recorded to work in process account by debiting Work in process and crediting manufacturing overhead account. Now it will be added to the value of work in process and ultimately added to the value of finished goods which is Inventory value.

3 0
3 years ago
John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most
grandymaker [24]
A Mortgage

A bank issues mortgage with interest typically over a long time for people to buy a house of constructing stuff.
8 0
3 years ago
Read 2 more answers
Stephanie is nervous about giving a presentation at the marketing firm where she works. one of her male coworkers told her, "don
Nastasia [14]
The answer is A: Stereotype because the male coworker told her “Don’t be such a girl”
8 0
3 years ago
Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these t
aev [14]

Answer:

The correct option is C

Explanation:

Horizontal merger is the one where the merger of the two companies who are competing in the same industry and offering or providing the same kind of goods. Whereas the Vertical merger is the one where the merger of the two companies involve in producing the same good but at different stages of the production.

So, in this case, merger between Kooky Cookies Corporation and Crazy Cookie Company will be horizontal  merger because both companies offering similar products to same customers. And Kooky Cookies purchases baking product, it will be a vertical merger as it involve in the production of cookies but at different levels.

3 0
3 years ago
A characteristic of the market system is:A. Extensive use of direct methods of productionB. A focus on labor, as opposed to capi
riadik2000 [5.3K]

Answer: Option C

Explanation: In a market system, the suppliers are willing to produce those goods that have value to the consumers directly or indirectly. The focus is on maximizing output for achieving the economies of scale so that goods could be sold at a lower price, thus, increasing the sales.

Hence,the suppliers in case of market system use more of capital goods as they produce more output and relatively shortens the cost per piece.

Thus, the correct option is C.

5 0
3 years ago
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