Answer: 12.5 %
Explanation:
Hi, to answer this question we have to apply the simple interest formula:
I = p x r x t
Where:
I = interest (investment after interests - principal; 12000-8000=4000)
P = Principal Amount (initial invest)
r = Interest Rate (decimal form)
t= time
Replacing with the values given
4,000= 8,000 (x) 4
Solving for x
:
4,000= 32,000x
4,000/ 32,000 =x
x= 0.125
Since the interest rate is in decimal form, we have to multiply it by 100 to obtain the percentage.
0.125 x 100 = 12.5 %
Feel free to ask for more if needed or if you did not understand something.
Answer:
The correct answer is: fad products.
Explanation:
Fad products are the kind of goods or services that have very short life cycles. It is caused because those goods were spread quickly and gained popularity but, consumers lost interest in them at the same speed. Usually, the main problem with those goods is the lack of innovation and diversity.
Sreening interviews are normally the first stage of the interview process. This is never used in the final decision making process. The screening interview plays a major part in narrowing down applicants in the very beginning
Answer: Undercapitalization
Explanation:
Susan's cake decoration business suffered from Undercapitalization.
Undercapitalization occurs when a business is not properly funded to maintain it's running. Undercapitalization is mainly common in small scale businesses with little start up capital.
Undercapitalization can cause inability to pay for: workers wages, rent, transportation of business supplies.
Answer:
The correct answer is 8% annual rate of interest on the bonds.
Explanation:
The effective annual interest rate is 8%
Effective rate if interest (semi-annual) = (Effective interest / Outstanding Balance) x 100
Effective rate if interest (semi-annual) = (345,639 / 8,640,967) x 100
Effective rate if interest (semi-annual) = 0.04 x 100
Effective rate if interest (semi-annual) = 4%
The Effective Annual Rate of Interest = 4% x 2 = 8%