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
Brut [27]
2 years ago
5

Many locations require that renters be paid interest on their security deposits. If you have a security deposit of $3,600, how m

uch would you expect to receive in interest per year at 3 percent?
Business
1 answer:
Veseljchak [2.6K]2 years ago
4 0

Answer:

So you should expect to receive $108 in interest per year

Explanation:

If you put money on security deposit, it is still your money and you should receive interest for it like when you put money on a bank deposit.

For a $3,600 deposit with 3 percent per year interest, the interest you should be paid would be:

3,600 * 0.03 = $108

You might be interested in
Which country use tax brackets as a part of their tax system
konstantin123 [22]
Canada, Australia, and South Africa use tax brackets.
8 0
3 years ago
Read 2 more answers
Suppose you deposit $2,500 at the end of year 1, nothing at the end of year 2, $750 at the end of year 3, and $1,300 at the end
pantera1 [17]

Answer:212121212212121212ggthdfb b bgf bv f fsbggrb

2121211212122121212121212

Explanation:

21

4 0
3 years ago
Worldwide Minerals Inc. wants to expand into the international market. It does not want to spend a very large amount of money fo
slavikrds [6]

Answer: Option A

                       

Explanation: In simple words, joint ventures refers to the business arrangement under which two or more independent parties join their operation for the purpose of doing business more effectively.

Worldwide can go for joint venture as it would be less costly then mergers and acquisitions since they have to buy a part of the entity also they can control the entity as per their share in it.

8 0
3 years ago
Market pressures tend to move prices toward a(n) _____. price that causes shortages price that causes surpluses equilibrium pric
torisob [31]
Equilibrium would be the answer
8 0
2 years ago
Read 2 more answers
A competitive car wash currently hires 4 workers, who together can wash 80 cars per day. The market price of car washes is $5 pe
DENIUS [597]

Answer:

Number of car washed is 92

So option (a) is correct answer

Explanation:

It is given that 4 workers can wash 80 cars per day

Means initially 80 cars are washed per day

And it is given that rate of car wash is $5 per car

Now price of workers is $60 per day

As per car wash is $5

So number of extra car washed =\frac{60}{5}=12

So total number of car washed = 80 + 12 = 92 cars per day

So option (a) is correct answer

7 0
3 years ago
Other questions:
  • Which accounts are affected in the closing process under a perpetual inventory system?
    14·1 answer
  • The factor that has the greatest impact on your credit score is
    12·1 answer
  • Meaning of concept in semantics​
    12·1 answer
  • The Mixing Department of Tasty Foods has 50,000 equivalent units of materials and 36,000 equivalent units of conversion costs fo
    13·1 answer
  • Which of the following statements about boundary managers is true? a. Boundary managers persuade top management to support the t
    6·1 answer
  • Following are the accounts and balances from the adjusted trial balance of stark company
    7·1 answer
  • Take It All Away has a cost of equity of 11.17 percent, a pretax cost of debt of 5.32 percent, and a tax rate of 40 percent. The
    5·1 answer
  • Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these de
    7·1 answer
  • for a manufacturing company that set a strategic goal to reduce waste by 15%, each division in the organization can use the ____
    13·1 answer
  • Tight monetary policy theory dictates that when the economy is faced with inflation, the government should:______
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!