Answer:
$936
Step-by-step explanation:
Simple interest is money you can earn by initially investing some money (a.k.a the principal). In return, a percentage (a.k.a the interest) of the initial money invested is added to the principal, this is what makes your initial investment grow.
The equation for simple interest is:
I = P x r x t
P = Principal, $2600
r = interest rate, 12%
t = time involved, 3 years
Fill in the values:
2600 × 0.12 × 3 = $936.00
Answer:
The given statement is true.
Step-by-step explanation:
Yes this is true.
GAAP is a collection of certain standard accounting rules for financial reporting.
Few general principles of GAAP guidelines are :
1. Principle of Regularity.
2. Principle of Sincerity.
3. Principle of Consistency.
4. Principle of Non-Compensation.
5. Principle of Continuity.
Answer:The function is nonlinear
Step-by-step explanation:
Answer:
23
Step-by-step explanation:
23 + 24 + 25 = 72
23/50 is 0.46 so the percentage would be 46%