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LUCKY_DIMON [66]
4 years ago
8

Jamie earned $14 in interest on her savings account last year. She has decided to leave the $14 in her account so that she can e

arn interest on the $14 this year. The interest earned on last year’s interest earnings is called:
Business
1 answer:
tatuchka [14]4 years ago
6 0

Answer:

interest on interest.

Explanation:

The interest income which is earned from the last years interest earned is called interest on interest. As Jamie earned $14 interest last year and left the amount to earn further interest on this $14 too. Assuming the Effective interest rate is 10%, then additional $1.4 will also be earned on the interest invested with principal. This $1.4 is known as The interest on interest.  

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When the Fed sells securities, the total funds of commercial banks ____ by the market value of the securities sold by the Fed. T
Colt1911 [192]

Answer:

The correct answer is decrease; tightening.

Explanation:

If the FED reduces the money supply, it can cause interest rates to rise and credit conditions to tighten. If there is no change in the demand for money, the effect of reducing the money supply is said to lead to higher interest rates. For its part, another effect is to decrease the volume of loans made.

5 0
3 years ago
Which of these companies is demonstrating a first-mover advantage? The level of satisfaction Simon experienced when dining at th
Rainbow [258]

Answer:

Tide-All Inc. has more than 50 percent market share in the telecom industry, because no other company has invested in thisindustry before Tide-All Inc.

Explanation:

In marketing, first-mover advantage can be regarded as competitive advantage which is gained by initial significant occupant of particular segment of the market. first-mover advantage can also be regarded as ability of a firm to be better off compare with it's competitors due to the fact that it is the first to market new product category. For instance, Tide-All Inc. has more than 50 percent market share in the telecom industry, because no other company has invested in thisindustry before Tide-All Inc.

8 0
3 years ago
Friendly's quick loans, inc., offers you $5.25 today but you must repay $6.45 when you get your paycheck in one week (or else).
LenaWriter [7]
For simplicity, we will assume 52 weeks in a year (instead of 365 days).
The rate of interest per week actually charged is
6.45/5.25-1
=1.2285714-1
=0.22857142857
=22.85714%

Effective Annual Rate (EAR) is obtained by <em>compounding</em> the weekly rate for one year (52 weeks)
EAR=(1+i)^n-1
=(1+.228571428571428)^52-1
=44546.2997
=4454629.97%
note: most calculators may not display this value with sufficient accuracy.

The corresponding APR is obtained by <em>multiplying</em> the weekly rate by 52
APR=52*(6.45/5.25-1)
=52(6.45/5.25-1)
=11.885714
=1188.57%


8 0
3 years ago
Between 1790 and 1830, the population of New York increased nearly five times over. This population increase was
svlad2 [7]

Answer:

Increased factory jobs as a result of the revolution.

Explanation:

Pls mark brainliest. Thx!

3 0
4 years ago
Narciso Corporation is preparing a bid for a special order that would require 880 liters of material R19S. The company already h
bija089 [108]

Answer:

$5,456

Explanation:

A relevant cost can be defined as the cost that are said to be in form of a future cash cost that is relevant and important to a particular decision.

The relevant cost:

Current market cost 880 liters × Current market $6.20 per liter

= $5,456.

Therefore the relevant cost of the 880 liters of the raw material when deciding how much to bid on the special order will be $5,456

6 0
3 years ago
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