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2 years ago

Which best describes the difference between simple and compound interest

Business

2 answers:

saul85 [17]2 years ago

6 0

Answer:

While both types of interest will grow your money over time, there is a big difference between the two. Specifically, simple interest is only paid on principal, while compound interest is paid on the principal plus all of the interest that has previously been earned.

MA_775_DIABLO [31]2 years ago

4 0

Answer:

Simple interest is paid on large, long-term loans, while compound interest is paid on small, short-term loans. Simple interest is paid on the principal and interest accrued, while compound interest is paid only on the principal. Ask for details.

Explanation:

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On May 1, 2021, Meta Computer, Inc., enters into a contract to sell 4,000 units of Comfort Office Keyboard to one of its clients

Artist 52 [7]

Answer:

this contract includes 2 performance obligations

Explanation:

the performance obligations are as follows:

performance obligation 1 refers to providing 4,000 keyboards to Bionics
performance obligation 2 refers to the special discount options which could be redeemed by the client resulting in a material right. If the client had not made this purchase, then it wouldn't be entitled to the special discount.

A performance obligation is created whenever a business promises a customer that it will deliver or provide a good or service.

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2 years ago

Tanya Williams, the chief executive officer of Willister Computers, believes that the firm is currently best equipped to enter t

stira [4]

Answer:

foreign franchising

Explanation:

A system based on selling the right to replicate in overseas markets a profitable business format. The franchisor gives the franchisee exclusive rights to sell its goods or services in installed and fitted establishments as well as the right to use copyrights.

For international markets, the two main types of franchise agreements are:

1) Direct franchise agreement,

2) Master franchise agreement

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2 years ago

A new innovation is _________when it fulfills a similar market need, but does so by building on an entirely new knowledge base.

mamaluj [8]

Answer: technology

Explanation:

I just answered it

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2 years ago

cpas provide assurance on the information for a third party in all of the following situations except

mixer [17]

CPAs provide a guarantee at the statistics for a third birthday celebration in all the following situations except management preparing the department price range for next year.

A licensed public accountant (CPA), however, is a person who has earned an expert designation thru a combination of schooling, experience and licensing.

CPAs are legal to carry out a wide range of accounting services, consisting of accounting, guidance engagement, control advisory, financial advisory, tax, and consulting services; but, no longer all CPAs are legal to signal reports on attest engagements.

It is taken into consideration as one of the maximum difficult checks for obtaining standardized professional credentials. when the countrywide pass price is about 1 in 2, those who will finally need to take the CPA examination ought to use every resource feasible to offer them an area in opposition to an almost 50% fail rate.

Learn more about CPAs here:

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1 year ago

The suffix -iasis means _____.

torisob [31]

<span>In the word 'slowly', 'ly' is a suffix. The suffix 'less' changes a noun into an adjective, meaning 'without'.</span>

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2 years ago