The savings account that would earn the least amount of money is the account that earns a simple interest monthly.
<h3>What does simple interest and compound interest mean?</h3>
Simple interest rate is the interest that is paid only on the principal portion of a loan. This means that the debtor does not pays interest on the interest rate already accrued. This differs from compound interest where the debt holder pays interest on the principal and the interest rate already accrued.
This means that an account that earns a compound interest would have a higher yield when compared with an account that earns a simple interest.
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He did maximize the utility <span>according to the utility maximization rule</span>.
Answer:
Annual demand (D) = 1,600 units
Ordering cost per order (Co) = $16
Holding cost per item per annum (H) = $8
EOQ = √2Dco
H
EOQ = √2 x 1,600 x $16
$8
EOQ = 80 units
Explanation:
EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum.
Answer:
C) Identify distinct goods and/or services as separate performance obligations.
Explanation:
This refers to allocating different prices to several related activities that are part of one single large project or transaction. When you do this, you must specify which parts, goods or services you will require and at what specific prices. E.g. you agree to purchase uniforms for a football team, you will pay X amount when the helmets are delivered, another amount for the shoes and finally an amount for the uniform. The school will pay as the different products are delivered.
The best way to describe how that idea was recognized is <u>"finding a gap in the marketplace".</u>
Numerous organizations need to find the gap in the market. The gap in the market is a particular region. A zone where you can command. A region where are little conceivable outcomes for another person to surpass your mastery. On the off chance that you prevail to discover a specialty where you are the just a single, at that point it is extraordinary for your enterprising profession. But, likewise it is extraordinary on the off chance that you can discover a space where you will be the one of a kind player in an established market. The market where competition is low.
