1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GaryK [48]
3 years ago
7

Suppose you borrow $26000 at an annual interest rate of 5%. For 3 years, you do not make any payments. Find the interest accrued

over this time period if the interest is compounded as follows. Round your answers to the nearest cent.
Business
1 answer:
zvonat [6]3 years ago
5 0

Answer:

Find the interest accrued over this time period

$4098,25

Explanation:

Borrow I% interest  

Year 1 26000 5% 1300 27300

Year 2 27300 5% 1365 28665

Year 3 28665 5% 1433,25 30098,25

                                        4098,25

You might be interested in
Where in a business plan should the executive summary go?
8_murik_8 [283]

Answer:

The executive summary goes near the beginning of the plan but is written last

6 0
3 years ago
Lily is planning to sell her home, which she bought seven years ago for a total of $168,000.the property value has increased by
abruzzese [7]
The answer is D. $251,700
7 0
3 years ago
Read 2 more answers
_____ comprises a range of practices concerned with increasing awareness, fostering learning, speeding collaboration and innovat
vesna_86 [32]
Knowledge management comprises a range of practices concerned with increasing awareness, fostering learning, speeding collaboration and innovation, and exchanging insights of individuals, teams, or entire organizations.
7 0
3 years ago
1. What is the concept of boundaryless marketing and its relationship with global marketing
Norma-Jean [14]

Answer:

Explanation: More than the 4Ps or simply social media, Boundaryless Marketing refers to what marketing should always be about: connecting with customers, understanding fina… ... Assistant Director, Global Brand, Marketing and Communications

3 0
3 years ago
Establishing an accounts receivable billing policy and procedure includes determining the
antoniya [11.8K]

In terms of establishing an account receivable billing policy and procedure includes the determining or knowing the number the days that has been done between billings because this is essential to know if the policy is upheld and proper procedures is being done.

4 0
3 years ago
Other questions:
  • A technician is talking to end users about the specifications for an upgraded application server. The users of the application r
    9·1 answer
  • Jenna would like to work as a computer programmer. While in college, Jenna worked in a bookstore, where she eventually moved up
    6·2 answers
  • Carly is a manager at a business. when she has a job opening, she regularly does internet searches on the applicants to see if t
    14·1 answer
  • When working on a major project which is not a good step for keeping the overall scope in mind
    6·2 answers
  • The law of demand applies most directly to which group?
    13·1 answer
  • Two mutually exclusive alternatives are being considered for the environmental protection equipment at a petroleum refinery. One
    7·1 answer
  • Why do markets exist?
    7·1 answer
  • In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of t
    8·1 answer
  • Are firms like homebuilders that sell products whose demand depends partly on demographic factors likely to be more or less affe
    10·1 answer
  • Industry value chains Multiple choice question. generally have little effect on the company's cost competitiveness and customer
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!