To attract customers to their store and not their more expensive competitors?
Answer:
255.81
Explanation:
We have the formula to calculate the monthly compound interest as following:
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In which:
+) A: Amount of compound interest
+) P: Principle, the initial deposit
+) r: the percentage rate
+) n: the number of month (if monthly: n =12, quarterly => n = 3, etc.)
+) t: number of years
From that we have: P = 5,000; r = 5% = 0.05; n = 12 months and t = 1
So that the compound interest monthly for 1 year of 12 months is:
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<em>So that the answer is 255.81</em>
Answer:
She better lease a car for work.
Explanation:
The most significant distinction between a lease and a rental agreement is the length of time they are valid for. In most cases, a rental agreement is for a short length of time (typically 30 days), but a lease contract is for a longer amount of time (generally 12 months, although 6 and 18-month leases are also frequent). So it's better to lease a car because you can use it longer.
Yes because the economy would not succeed with the economic resources it is given the economy will rely on the resources to grow and expand in ways we do not even know.
hope this helps!!!!
Answer:
Limited liability for shareholders
Explanation:
Limited liability implies that owners or shareholders are legally responsible for the company's debts only to the extent of the amount of capital the shareholders invested.