Answer: initial principal
Explanation:
Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.
Answer:
$1.07
Explanation:
In this question ,we use the formula which is shown below:
A = P × (1 + r ÷ 100)^n
where,
P = Present value $0.90
A = Future value
rate =3%
number of years = 6
Now put these values to the above formula
So, the value would be equal to
= $0.90 × (1 + 3%)^6
= $0.90 × 1.03^6
= $0.90 + 1.194052
= $1.07
We considered all the items so that the correct dividend can come
Answer:
Estimated as Elastic Demand
Explanation:
Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.
Answer:
Reward power
Explanation:
Hiromi used reward power here the reward is "intangible reward". She praised and recognized the achievement of her staff team so the reward is intangible.