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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.

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Suppose that a demand curve exhibits two points. Initially, at price P 0 P0 , the quantity demanded is Q 0 Q0 . When price chang
Vinvika [58]

Answer:

Price Elasticity of Demand= \frac{Percentage change in Demand}{Percentage change in Price}

At Price = P_{0}

Quantity demanded = Q_{0}

At Price = P_{1}

Quantity Demanded = Q_{1}

Now,

Percentage change in Demand = \frac{(Q_{1} - Q_{0})}{Q_{0}}

Percentage change in Price = \frac{(P_{1} - P_{0})}{P_{0}}

Price Elasticity of Demand = \frac{\frac{(Q_{1} - Q_{0})}{Q_{0}}}{\frac{(P_{1} - P_{0})}{P_{0}}}

Above formula if used will give the correct answer related to Price Elasticity of Demand.

Another variant of above formula is also being used on prominent basis.

Price Elasticity of Demand = \frac{\frac{(Q_{1} - Q_{0})}{(Q_{1} + Q_{0})} }{\frac{(P_{1} - P_{0})}{P_{1} + P_{0}} }

Utilization of any of the above Formula will give the ideal outcome in estimating Price elasticity of demand.

5 0
3 years ago
The long-term debts of a firm are ______.Group of answer A. liabilities that come due within the next 12 months.B. liabilities t
777dan777 [17]

Answer:

The correct answer is letter "B": liabilities that do not come due within the next 12 months.

Explanation:

Long-Term Debt is any debt or liability of a company that is due in more than one year (12 months). Long term debt is a category on the balance sheet included in the Liability Section. Commonly considered long-term debt forms are bonds, loan deals, and lease obligations.

6 0
3 years ago
In 2020, the Merkel Company had revenues of $2,650,000 and costs of $2,150,000. During 2021, Merkel will be introducing a new pr
Neporo4naja [7]

Answer:

$92.000

Explanation:

<h2>1. The first step is to calculte the operating profits for the year 2020, following the next formula </h2>

(Revenues - costs) = Operating Profits.

<h3>YEAR 2020 </h3>

Revenues 2.650.000

Costs       2.150.000

--------

Operating profits 500.000

<h2>2. Same indications for the next year.</h2>

<h3>YEAR 2021</h3>

Revenues 2.915.000

Costs       2.323.000

--------

Operating profits 592.000

<h2>3. Calculate the diference between 2021 and 2020. </h2>

<em>592.000 - 500.000 = 92.000</em>

8 0
3 years ago
Question 2 of 10
Fiesta28 [93]

Answer:

a is it i think

Explanation:

4 0
3 years ago
Read 2 more answers
The typical number of courses to finish a major is
Lubov Fominskaja [6]
No more than 36 will be required for graduation. Those who majors require more than 16 credits may take correspondingly fewer than 20 outside the major.
7 0
3 years ago
Read 2 more answers
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