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lianna [129]
3 years ago
7

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

terest?
a. Annual Compounding
b. Semi-Annual Compounding
c. Monthly Compounding
d. Daily Compounding
Business
1 answer:
sveta [45]3 years ago
5 0
The <span>option that will require her to pay the lowest amount in interest is: A. annual compounding 

In annual compounding, the additional value of the initial investment will be counted after the period of one year. The amount will be significantly lower compared to the compound interest that added more than once a year.
</span>
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The variable overhead efficiency variance uses exactly same inputs as direct labor efficiency variance statement regarding the variable overhead variance analysis is true.

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The varying production costs a business incurs while operating are referred to as "variable overhead." As industrial output changes, so do variable overhead expenses. Different from variable overhead are the general expenditures associated with administrative tasks and other operations that have predetermined budgetary requirements. Organizations need to understand variable costs clearly in order to prevent overspending, which can reduce profit margins. They will be able to precisely set prices for future products thanks to this. For businesses to succeed and stay in operation, they must invest money in the development and promotion of their goods and services. The term "overhead" refers to all costs related to operating a firm, such as managers, salespeople, and marketers for both the corporate office and the manufacturing plants.

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6 0
1 year ago
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