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3 years ago

Which describes the difference between simple and compound interest?

Business

2 answers:

LenKa [72]3 years ago

7 0

Answer:

Simple interest is calculated as a percentage of the principal amount and stays the same if the principal.amount and the percentage don't change.

However, the compound interest is based on accumulating the interest to the principal amount. That is, after a certain percentage is calculated as the interest, that interest is added to the principal amount and the next period's interest is based on the principal+the interest.

Explanation:

soldier1979 [14.2K]3 years ago

3 0

Answer:

Simple interest is based on the principal amount of a loan or deposit, while compound interest is based on the principal amount and the interest that accumulates on it in every period. Since simple interest is calculated only on the principal amount of a loan or deposit, it's easier to determine than compound interest

Explanation:

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Give the meaning and nature of Foreign direct Investmen.

Inessa [10]

Answer:

foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. ... However, FDIs are distinguished from portfolio investments in which an investor merely purchases equities of foreign-based companies

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3 years ago

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 37,000 shares authorized, 19,2

kipiarov [429]

Answer:

E. Debit Retained Earnings $7,400; credit Common Dividends Payable $7,400.

Explanation:

The Journal entry is shown below:-

Retained earnings Dr, $7,400 (14,800 × $0.50)

To Common dividend Payable $7,400

(Being dividend declaration is recorded)

Here to record the dividend declaration we simply debited the retained earnings as it decreased the stockholder equity and credited the common dividends payable as it increased the liability

So the correct option is D.

4 0

3 years ago

I need brainliest answer if anyone needs help comment the link here

zalisa [80]

Heya friend,
Good question!
Well, brainly is a great educational platform with so many talented and kind people. We have a great community too of brainly stars, benefactors, moderators. We together do everything to make brainly great and we all have a great bonding among ourselves. We love each other a lot, brainly Benefactor team and star team and moderator team is my family type. We all live under one roof and we do help each other.
To be honest, I never felt that I am a moderator at brainly, I never felt that brainly is just an educational site. Brainly is a friendly site. A love site. A great family. Brainly has became my family,and I do love them.
Now, over to your questions-
1)We should talk to brainly members kindly, lovingly for sure. We should have a spirit of respectness, lovingneess. We should always try to be like a wise person. We should always talks politely to them. No matters on what position he is, we should just see that we are a good user and we have to form a good impression among everyone. Always try to talk something wise, funny, interesting.
2)Yeah, we should give respect to not only Leaders, benefactors, moderators. To each user we should give respect. If you will respect everyone, one will give u respect. We all say-
"TAKE RESPECT, GIVE RESPECT"
Talk to everyone respectively, then only you will be loved by others, if you will talk harshly and will Bose up yourself. No one will love you, all will hate you or will not like to talk to you.
Give respect to everyone. Understand what others want to say, then take decisions wisely and have a sweet relationship with them.
3)Yeah , we should respect others people words. What leaders, moderators, benefactor,stars says is all about your benifit, they want to make each user a good one and brainly indeed. They want you too to have a rank in brainly, a respect in brainly, a family. They do all for you, not for themselves. They got what they want, and they try to give you what you want. If you will do what you want, you will never be able to success, because in every road of life, one needs assistance and guidance. And we are here to guide you, you should respect our tips. You should come up with your doubts kindly and understand what other wanna talk to you and then take decisions wisely and patiently, always remember we do everything for each users benifit.
Love brainly! Respect brainly!
#BeBrainly
#Together we go far!
Hope it helps..!!!!
Read more on Brainly.in - https://brainly.in/question/1404139#readmore

3 0

3 years ago

Prompt What is advertising?

Semenov [28]

is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.

3 0

3 years ago

Read 2 more answers

Soup and salad cost $5.50 in total. the soup costs a dollar more than the salad. how much does the salad cost (in cents)?

atroni [7]

Soup + Salad = 5.50

Soup = Salad + 1

Subtitute both formulas into:

Salad + 1 + Salad = 5.50

2 Salad = 4.50

Salad = $ 2.25

= 225 cents

4 0

3 years ago

Read 2 more answers