Answer:
see below
Explanation:
Revenue is the money a business receives by engaging in its normal trading activities. It is the money paid to the business for selling goods or services to clients. For a business to be profitable, its revenues must exceed expenses.
If the business owner has revenue of $2000 and is finding it difficult to stay in business, it means the expenses are almost or more than $2000. Revenue, as stated, is generated from sales. Expenses refer to the costs incurred in generating revenue. They include the cost of materials, rent, wages, and all other business-related expenses.
When the expenses are more than revenue, the business suffers losses. This business owner is probably incurring losses; that's why they have a challenge in staying open.
Answer:
Total amount= $2,055.38
Explanation:
Simple interest is defined as the amount that a lender charges the borrower for the funds collected. The borrower pays back the principal collected and the interest to the lender.
Simple interest is calculated as principal multiplied by time multiplied by interest rate.
Interest= principal * time * rate
Interest= 1,890* 2.5* 0.035
Interest= $165.375
Therefore total amount of money in the account is
Total amount= principal + Interest
Total amount= 1890+ 165.375
Total amount= $2,055.375~ $2,055.38
So if each nominal is 5 and the inflation 1 so if you have 5 inflation you will have 25 nominal
