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german
3 years ago
5

Summarize how compound interest helps you to accumulate savings even faster.

Business
1 answer:
yulyashka [42]3 years ago
4 0

Answer:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows.

Explanation:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows. The interest you earn on the amount you save also earns interest and this snowballing effect makes you accumulate your savings even faster. For example, if you deposit $100 in a savings account that pays 5% interest per year. At the end of the year, you account will have (5%*100= 5) plus the $100 you deposited, coming to a total of $105. At the end of the second year, your $5 interest earned in year 1 will earn another 5% interest and so will the $100 you initially deposited.

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What makes buying a foreclosed property risk
navik [9.2K]

Answer:

You can not check the property beforehand for damages, which is a risk.

Explanation:

A foreclosure property is that property which is being sold off by a lender in order to payoff default.

There are a number of risks involved in buying such property. The process of buying is lengthy and complicated.

Buyers are not allowed to check the property before auction. Often these properties are damaged because the owners can not afford to manage. Or the angry owners may damage the property purposely in order to punish the lenders.

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Problem 5-7 Analyzing Transactions
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The marketing department, finance department, human resources department, and information systems department all operate at the
Nastasia [14]

The marketing department, finance department, human resources

department all operate at the functional level of an organization.

<h3>What is Functional level?</h3>

This level determines the daily operations of the various departments in

an organization. Examples include:

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  • Human Resources

They are involved in execution of strategies which is why functional level

is the most appropriate choice.

Read more about Functional level here brainly.com/question/26287826

4 0
2 years ago
Dreyfus points a gun at Eton, threatening to shoot him if he does not steal from his employer, Freddy’s Gas &amp; Shop store, an
Anastasy [175]

Answer:

The answer is Duress.

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Duress is a term in law used to justify a wrong action but excluding murder cases.

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1. The defendant is in an immediate danger that could lead to death. For example, if Dreyfus shoots Eton by refusing, he can shoot Eton to death.

2. There is a believe that the defendant will be will be hurt

3. There is no option to avoid the harm or being hurt other than to succumb to doing the illegal action.

7 0
3 years ago
The processes a firm uses to turn inputs into outputs of goods and services is called
Troyanec [42]

The correct answer is technology.

The processes that a firm uses in order to turn inputs into outputs of goods and services is called technology.

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3 years ago
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