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solong [7]
3 years ago
11

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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What is an example of good workstation ergonomics?
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Answer:

Back should be straight with a slight lordosis (inward curve) in the lower spine. Neck and head upright (ears aligned with your shoulders) Shoulders should be pulled back but relaxed. No twisting or leaning on one side.

6 0
3 years ago
Clara is the chief operating officer of a cosmetics manufacturing company. She gets opportunities to attend the board meetings o
slamgirl [31]

Answer:

B) The liaison role

Explanation:

From the question we are informed about Clara is the chief operating officer of a cosmetics manufacturing company. She gets opportunities to attend the board meetings of her vendor companies. These meetings give her a fresh perspective about how other companies frame their strategies and how procurement and operations are managed in different companies. In the context of managerial roles, In this case, Clara illustrate liaison role.

liaison officer can be regarded as person that stand or liaises in between two firms/organizations in order to communicate as well as coordinate their activities through serving as an official go-between as regards senior officials of both firms. The liaison role is also expected to be an active role as regards liaison organization, attending their key meetings is necessary

3 0
3 years ago
Internal processes of a company contribute to the company's overall effectiveness. Identifying ways to improve internal processe
Contact [7]

Answer:

Explanation:

Internal processes of a company contribute to how effective the company runs. Looking for areas and ways to improve the internal processes will aid in building an organization that is highly efficient. The major causes needs to be known.

Ways of identifying the root causes might not be possible until basic analysis is carried out or sometimes it might be visible depending on the major problem facing the organization internally.

Internal process of a company increase the effectiveness of such company, identifying how to improve these internal processes helps to build an organization that is highly efficient.

6 0
3 years ago
Provisions of the Fifth and Fourteenth Amendments guarantee that no person shall be deprived of life, liberty, or property witho
Naily [24]

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6 0
4 years ago
Hans entered the U.S. on December 15, 2013 in F-1 immigration status. He had never been to the United States before and he did n
Taya2010 [7]

Answer:

<u>a. True.</u>

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The F-1 immigration status visa allows a foreigner like Hans to pursue academic studies in the United States.

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Since Hans arrived in the United States for the first time, he can file as nonresidents for tax purposes.

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3 years ago
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