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Ganezh [65]
2 years ago
13

The annual interest earned on an amount deposited into a bank account will be the same each year when compound interest is used.

Business
1 answer:
max2010maxim [7]2 years ago
5 0
False. A good way to think of this is that you are reinvesting your interest.
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What are the three types of economic resources? Give an example of each type of resource.
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"The three types of economic resources are also referred to as factors of production. Land (including all natural resources), Labor (including all human resources), Capital (including all man-made resources), and when you combine all of those you get production. "


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Double-declining balance On January 1, 2021, the Excel Delivery Company purchased a delivery van for $51,000. At the end of its
agasfer [191]

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$18,480

Explanation:

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3 0
2 years ago
Jack is a crook with an honest face. People easily trust him. Jack works a scam in which he convinces the elderly to invest thei
bearhunter [10]

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4 0
3 years ago
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elena55 [62]

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d. doesn’t have an employer-sponsored pension or retirement plan.

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