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
NemiM [27]
3 years ago
11

The amount of interest is determined by multiplying the amount in savings by the:

Business
1 answer:
beks73 [17]3 years ago
5 0
I think the most appropriate answer would be B.


I hope it helped you!
You might be interested in
Explain hotel manager​
Ksenya-84 [330]

Answer:

Hotel managers are responsible for managing employees and for planning, marketing , coordinating and administering hotel services such as catering and accommodation facilities.

4 0
3 years ago
Read 2 more answers
On November 1, year 1, ABC, Inc., received a 3-month, 8%, $1,500 note receivable with interest and principal to be collected on
OverLord2011 [107]

Answer:

The amount of interest revenue that should be recorded for year 1 is $20.

Explanation:

  • A note otherwise known as promissory note is an unconditional written promise by a borrower to a lender (payee) to pay a certain agreed sum at a specific date.
  • The interest revenue on notes receivable is calculated by Principal x Interest rate x Time period
  • In the case of ABC, Inc., the interest revenue to be recorded for year 1 (November 1 - December 31) is calculated as follows: $1,500 x 8%/12 = $10 monthly. For the 2 months, it is $10 x 2 months = $20.
7 0
3 years ago
Your company rents computers to local businesses and schools. You have 3,000 computers with a book value of $177,500. As a resul
pantera1 [17]

Answer:

The answer is $61,000

Explanation:

An impairment loss is recognized when the carrying amount of an asset is less than its fair value(prevailing market price).

The difference between the carrying value and fair value is written off. Carrying amount is the cost of acquiring an asset minus any subsequent depreciation and impairment charges.

Impairment Loss = Book Value – Market Value

Impairment Loss = $177,500 - $116,500

Impairment loss is $61,000

5 0
3 years ago
If the marginal propensity to save is 0.2 in an economy, a $20 billion rise in investment spending will increase:
faltersainse [42]

Answer:

D. Consumption by $80 billion.

Explanation:

Marginal propensity to Save = 1 / MPS

= 1 / 0.2

= 5

= $20 billion × 5

= $100 billion

= $100 - $20

= $80 billion

Therefore, a $20 billion rise in investment spending will increase consumption by $80 billion.

4 0
3 years ago
If a researcher asks a consumer why s/he wants to buy a Nokia cell phone, and learns, "They look well built" (attribute); then a
ra1l [238]

Answer:

D. laddering

Explanation:

6 0
3 years ago
Other questions:
  • You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the build
    13·1 answer
  • Alden is beginning to learn how to write. he can hold a pencil in one hand and steady the paper with his other hand. this new ab
    9·1 answer
  • An invoice for 450 has terms 2/10, 1/30, n/60. if you pay on the eighth day, how much will you remit
    12·2 answers
  • All business strategies seek to gain competitive advantage. <br> a. True <br> b. False
    12·1 answer
  • Enterprises buys a warehouse for $ 570 comma 000$570,000 to use for its East Coast distribution operations. On the date of theâp
    8·1 answer
  • The demand for capital by a firm is based on the demand for the product that the capital produces. this relationship is referred
    12·1 answer
  • Mention two factors that influence the supply of the product
    13·1 answer
  • Consider an economy with two sectors: manufacturing and services. Demand for labor in manufacturing and services are described b
    10·1 answer
  • Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sight
    10·2 answers
  • You want to have $66,000 in your savings account 9 years from now, and you're prepared to make equal annual deposits into the ac
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!