compound interest
after getting the simple interest of all the years we subracts the main amount with the simple interest which we got till now .it's called as compound interest
I believe the answer is: c. to make the loan look more attractive and competitive now
By offering it at low initial rate, the people who borrow money would experience low burden if they plan to return the money within short period of time. This would make them much more likely to obtain a loan, and it also would make the bank that create the loan program looks better compared to their competitors.
Electric bill payable Liability
<h3>Is an electric bill considered a liability?</h3>
In our example, the utility bills for gas and electricity used in December are both an expense and a liability as of December 31.
When the utility bills are paid, the liability is eliminated.
To learn more about liability, refer
to brainly.com/question/24553900
#SPJ4
C. Unclear definitions of goals
Any professional and efficient team will of course want clear definitions of their goals to run well.
Answer:
$1,692
Explanation:
Data provided in the question:
Number of shares purchased = 100
Cost of stock = $30 per share
Commission = $29
Selling price per share = $45
Commission for selling = $29
Earned dividends = $2.50 per share
Now,
Total Return
= Number of Shares × (Sale Price - cost + Total dividends) - Total Commissions
or
Total Return = 100 × ($45 - $30 + $2.50) - (2 × $29)
or
Total Return = $1750 - $58
or
Total Return = $1,692
