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3 years ago

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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An association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup co

Free_Kalibri [48]

Answer:

KYES

Explanation:

KYES are clubs created by Korean Americans in which the members make a contribution and the money gathered is used to provide loans to start businesses. According to this, the answer is that an association that Korean Americans are able to use to pool their money together and provide grants to subsidize the startup costs of businesses are called KYES.

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3 years ago

Debt Management Ratios You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), bot

Scrat [10]

Answer:

Please see attachment

Explanation:

Please see attachment

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3 years ago

Fox Co. had 120,000 shares of common stock outstanding at January 1. On July 31, it issued 60,000 additional shares of common st

balu736 [363]

Answer:

180 000 common stock shares outstanding

Explanation:

preference shares are not used in calculating earning per share. Earning per share is the part of the firm's profit that is attributed to common stock shares. It is an indicator of financial strength of a company. It also shows the intrinsic value of the company's shares. This can be used to determine if a share is overvalued or under valued in the equity market.

The company has 120, 000 common stock shares and issued additional 20,000 common stock shares totaling 180,000 common stock shares.

8 0

3 years ago

Scenario: wang's techno toys ann wang has been successfully running wang's techno toys that sells high-tech toys in the domestic

vfiekz [6]

Based on the given scenario above regarding Wang's Techno toys which was successfully run by Ann Wang, the method of import or export financing that the Techno Toys' bank used if it functions as an intermediary without considering any financial risk is called the DOCUMENTARY COLLECTION.

5 0

3 years ago

The Securities Exchange Act of 1934 limits, but does not prohibit, corporate insiders from trading in their own firm's shares. W

liberstina [14]

Answer and Explanation:

The ethical issues that occurs in the case when a corporate insider wants to purchase or sells in the firm where an individual works are as follows:

1. The information could be misuse

2. It would become unfair for the investors

3. The trust could be broke also it would create the discrimination with the other investors

4. The insider trading lowers the size of the market that ultimately decrease the volatility of the market

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3 years ago