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
Aleksandr-060686 [28]
3 years ago
7

Grace got a loan of $500 from her bank, and she had to repay it with $550. Which term describes the extra money Grace had to pay

?
Business
1 answer:
DENIUS [597]3 years ago
6 0

Answer:

The term that describes or states the extra amount of money is the Interest.

Explanation:

As Grace took a loan which amounts to $500 from the bank and bank provides the loan to the customer but they charge interest on the loan amount. So, in this case, the Grace took $500 from bank and in turn will pay the bank amount of $550. Therefore, the $50 amount is the interest which the bank charged from Grace for the period it has money with him.

You might be interested in
You just purchased a parcel of land for $10,000. if you expect a 12% annual rate of return on your investment, how much will you
Sunny_sXe [5.5K]

I guess the closest answer is $31,060.

If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.

4 0
3 years ago
Advertising, engineering, marketing, product design, and web design are all examples ____ of work.
Viktor [21]

Knowledge work includes, among other things, engineering, marketing, product design, and web design.

<h3>What distinguishes service work from manufacturing labor?</h3>

A service economy is built on knowledge-intensive industries and services in economic production, well-educated employees in the occupational market, and innovative enterprises in business. A manufacturing economy is driven by the mass production of products.

<h3>What are the names of networks of businesses that produce product designers, engineers, manufacturing firms, distribution channels, and consumer outlets?</h3>

A supply chain in business is a network of establishments that acquire raw materials, transform them into intermediate goods, and then distribute finished goods to customers.

To know more about marketing visit:-

brainly.com/question/13414268

#SPJ4

4 0
11 months ago
reventive action ____________. a. realigns the performance of the project work with the project management plan b. seeks to ensu
torisob [31]

Answer:

The correct answer is letter "B": seeks to ensure the future performance of the project work is aligned with the project management plan.

Explanation:

Preventive actions are defined as those that aim to mitigate risks inherent in the operations of a business. Preventive actions lead to entities creating contingency plans that allow them to have certain strategies in front of unexpected situations that could harm the firm's operations.

<em>The project risk management plan is the reference that prevention actions take at the moment of recognizing the set of activities that should be followed to ensure the optimal future performance of a project.</em>

8 0
3 years ago
Open-end mutual funds are more common than closed-end funds. question 5 options:
Tems11 [23]
False. They are, in fact, significantly less common.
4 0
3 years ago
You have a client, Henry, who does much of his business overseas, and his assistant, sister Avery, often drops off checks at the
ss7ja [257]

It is not permissible to sign the documents on the behalf of the other person.

<h3>What is Business Overseas?</h3>

Business Overseas refers to the business with is outside the country often referred as the International Business. It involves the exchange of the goods and services outside the country.

According to the above scenario, Henry has the international business forgets to sign the critical documents in his absence to the particular place he offers his assistant to sign the papers which is not permissible for him to do so.

Learn more about overseas here:

brainly.com/question/15056320

#SPJ1

5 0
2 years ago
Other questions:
  • Most founders' agreements include a ________ clause, which legally obligates the departing founder to sell to the remaining foun
    11·1 answer
  • It is assumed that the activities of Ford Motor Corporation can be distinguished from those of General Motors because of the
    12·1 answer
  • This law prohibits employment discrimination based on race, color, religion, gender, or national origin.
    12·1 answer
  • Coffee Corporation has 2,000 shares of common stock outstanding. John owns 700 of the shares, John’s grandfather owns 100 shares
    9·1 answer
  • Business analytics tools are used with data in the ________________ to gain insight and support decision making.
    12·1 answer
  • Linaweaver Inc. has $2.80 per unit in variable costs and $5.50 per unit in fixed costs and a production volume of 100,000 units
    12·1 answer
  • Year 1: Issued $10,000 of common stock for cash. Provided $78,000 of services on account. Provided $36,000 of services and recei
    14·1 answer
  • Lidell Inc. budgeted production of 48,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes a
    10·1 answer
  • Johan is a 25-year-old, single taxpayer with modified adjusted gross income of $18,500. During Tax Year 2020, he made a $2,000 c
    15·1 answer
  • Despite potential benefits the disadvantages of a matrix structure include which of the following
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!