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
Marina CMI [18]
3 years ago
14

Select the best definition for simple interest rates. Group of answer choices A percentage of the principal borrowed Interest th

at is calculate as a percentage of the principal A percentage of the principal saved Interest that is calculated as a percentage of the principal and previous accumulated interest that was added to the principal
Business
1 answer:
navik [9.2K]3 years ago
6 0

Answer:

Select the best definition for simple interest rates

A percentage of the principal borrowed Interest that is calculate as a percentage of the principal

Explanation:

Simple interest is an easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

You might be interested in
You work for an advertising agency. You have been assigned to come up with an advertising campaign for a new brand of designer w
kaheart [24]

Answer:

The correct answer are: peripheral route; you do not have strong arguments for why your product is superior

Explanation:

The peripheral route, instead of examining the relevant arguments for the matter, individuals examine the message quickly or focus on simple indicators that help them decide whether to accept or reject the position advocated in the message. The elements that are peripheral to the arguments of the message are those that take center stage. These may include the communicator's physical attractiveness, the direct style of speaking, or the pleasant association between the message and the music that is heard in the background. Sometimes, the strength of the arguments is of secondary or almost null importance. Sometimes we lack the motivation, ability or time to reflect carefully. If we are disinterested, distracted or busy, we may not take the time to analyze the content of the message. Instead of analyzing whether the arguments are convincing, we will most likely follow the peripheral route, focusing on clues and indicators that activate automatic acceptance without too much cognitive processing. Peripheral processing allows communicators to design simple claims and messages to influence individuals. Although on many occasions this route may seem like the panacea of ​​contemporary persuasion, the truth is that a good part of it is also carried out through mechanisms that involve careful and reflective considerations of the message's arguments, since, as we have indicated, When people have some motivation or are able to process messages, they are not based exclusively on peripheral cues and signals, or necessarily fall into the tricks of the persuader. When processing peripherally, people always rely on simple rules, to make decisions, "heuristic." For example the "heuristic" that experts should be believed and only for this reason accept the recommendation of a speaker, the heuristic "if many people think that something is good, then it should be" or those of reputation, consistency and security apparent in the argument. Peripheral and superficial processing does not produce profound and lasting changes of opinion. The effects of surface processing are ephemeral but relevant enough to convince an undecided voter or push a consumer towards the purchase of one or another product.

6 0
3 years ago
What is a way to protect your social security number and other sensitive information from identity theft
yuradex [85]
<span>Change online account passwords frequently and your SS just lock in a safe so no one can access the number but you</span>
7 0
2 years ago
Read 2 more answers
This business pays income taxes on the sales of its products each year.<br> This is:
coldgirl [10]

Explanation:

what is the question??

5 0
3 years ago
Read 2 more answers
Elston Company issued $500,000 of eight percent, 20-year bonds at 106 on January 1, 2010. Interest is payable semiannually on Ju
galina1969 [7]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
Bank A pays 10% interest compounded annually on deposits, while Bank B pays 9% compounded daily. a. Based on the EAR (or EFF%),
Pie

Answer:

Bank A should be chosen.

Explanation:

Given:

Effective annual rate (EAR) of bank A = 10%

Bank B pays 9% compounded daily. EAR of bank B is calculated below:

EAR = ( 1+\frac{i}{n})^{n} -1

Where, i is 0.09

            n is compounding period that is 365 (since it is compounded daily)

EAR = ( 1+\frac{0.09}{365})^{365} -1

       = 1.0942 - 1

       = 0.0942 or 9.42%

Bank B pays EAR of 9.42%

Based on EAR, Bank A should be selected as it pays higher EAR of 10%.

3 0
2 years ago
Other questions:
  • Ben Lieber is a waiter at Harbor House, where he receives a weekly wage of $80 plus tips for a 40-hour workweek. Lieber's weekly
    7·1 answer
  • Arthur is 10 years old. Tuition for one year at a public two-year college is $3,125. In 8 years, tuition is expected to increase
    7·2 answers
  • Anurag receives an annuity that pays $1,000 at the end of each month. He wishes to replace it with an annuity that has the same
    11·1 answer
  • How might you measure service quality in a​ hotel? A. Any unserviceable item in the room​ (light, TV,​ radio, mini-bar,​ etc.) B
    7·2 answers
  • The Cornell method is good for taking textbook notes because it is
    15·1 answer
  • Compute the takt time for a system where the total time per shift is 370 minutes, there is one shift, and workers are given 3 11
    15·1 answer
  • A salesperson preparing a written offer from a prospect may do so by filling in the blanks on a pre-approved broker's contract f
    7·1 answer
  • Which financing is also known as “risk capital”?
    12·2 answers
  • In perfect competition, firms will be able to earn economic profits in: Select an answer and submit. For keyboard navigation, us
    14·1 answer
  • use the accounting equation to solve for the missing information. 2. did jacob's overhead doors report net income or net​ loss?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!