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
Igoryamba
3 years ago
8

Your older and wiser sibling has offered to loan you some much needed money to help cover textbook expenses this semester. Since

you are their favorite your sibling will only charge you 1.25% per year in SIMPLE interest. If you were to make no repayments, how many years would it take to double your debt?
Business
1 answer:
masya89 [10]3 years ago
3 0

Answer:

80 years

Explanation:

Data provided in the question:

Simple interest rate charged = 1.25% = 0.0125

Now,

Let principal amount be '$x'

we know,  Simple interest = Principal × Interest Rate × Time

Since the debt is doubled this means the interest  is equal to the principal amount

Therefore,

$x = $x × 0.0125 × Time

or

1 = 0.0125 × Time

or

Time = 1 ÷ 0.0125

or

Time = 80 years

You might be interested in
A manger is described by subordinates as someone who inspires hard work by treating people kindly and giving employees individua
Levart [38]

Answer:

Referent

Explanation:

The referent power refers to the power in which the employees capacity, capability, skills and knowledge, hard work being liked by the other employees. Ths could be gained from the leadership skills and personality

So according to the given question since the manager described by subordinates through inspiring hard work by giving them attention and praise

This represents the referent power

4 0
3 years ago
Suppose that a restaurant uses a focus group of regular customers to determine how many customers would buy a proposed new menu
lana [24]

Answer:

E. the demand​ curve, and the inverse demand curve can be calculated from it.

Explanation:

A demand function helps to show the relation between quantity demanded and price, the price here is the quantity is a function of price. So, writing the function in other way round, the price which is a function of quantity demanded is called as an inverse demand function.

As per the details given in the question above, it is clear that the quantity is a function of price. The prices on the menu varies and the quantity demanded is determined through various prices. Using this a demand function can easily be computed since quantity is a function of price.

4 0
3 years ago
American tourister, inc.--a producer of luggage--is planning to introduce a new product line. the marketing manager is having he
AlexFokin [52]
The answer is a pushing policy. A promotion policy intended at distribution centers to inspire their advertising of a product or service area to their customers. For instance, a pushing policy might be used by an manufacturing business to market to a distribution channel of traders and dealers to get their help in receiving their customers to buy its product.
6 0
3 years ago
_________ are defined as a collection of assertions - both verbal and symbolic - that specify how and why variables are related,
Kobotan [32]

Answer:

Theory

Explanation:

A Theory is a compilation of laws, experiments, and facts that forms rules that explain an event. This means that a theory can specify how variables will affect this event and in which conditions it happens.

I hope you find this information useful and interesting! Good luck!

5 0
3 years ago
Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer
ruslelena [56]

Answer:

Following are the responses to the given question:

Explanation:

  • In point a, it is false because the ownership of a stock owned by shareholders is directly adaptable by sale.
  • In point b, it is false because the corporate bosses have no responsibility. A corporate company is an organization
  • In point c, it is true because This company is going on a broad-based business. Its necessary capital is enormous but is obtained from three sources.
  • In point d, it is true because the company money is calculated twice in normal conditions, except for where tax-deductible is declared for both the dividends in shareholders' hands.
  • In point e, it is true because Its company's legality is distinct from those of its owners. That both companies, as well as the owner, are separate legal entities. Firms have a common seal as well as their titles.
  • In point f, it is false because UNLIMITED was its life of corporates and the foundation of the 'Moving Concern' idea.
  • In point g, it is true because the actual owner isn't a business agent. They're only the owner that gives money.
7 0
3 years ago
Other questions:
  • __________ is a benefit on which you pay no taxes.. . A. Networking. . B. Vesting. . C. A tax deferred benefit. . D. A tax exemp
    5·2 answers
  • What are two examples of document recognized in every state?
    5·1 answer
  • Discuss the venture capital process
    12·1 answer
  • Marketers selling milk, bread, and other consumer staples know most customers do not spend much time searching or comparing alte
    5·1 answer
  • A company known for its high-quality watches and clocks introduces a line of well-designed pocket watches to increase its market
    10·1 answer
  • The company enters a lease agreement requiring lease payments with a present value of $14 million. will this lease agreement aff
    10·1 answer
  • Which of the following statements is CORRECT?a. The NPV profile graph for a normal project will generally have a positive (upwar
    13·1 answer
  • May 31, Novac Corp. Has net sales of $415,000 in cost of goods available for sale of $286,000 compute the estimated cost of the
    9·1 answer
  • How will the organization obtain cash to operate concession stands and provide
    6·1 answer
  • With respect to the six stages of a quality life cycle, the implementation stage of a new quality initiative is called:_____.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!