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3 years ago

Explain how compound interest works. in three sentences.

1 answer:

6 0

"Compound interest <span>is calculated on the initial </span>principal<span> and also on the accumulated interest of previous periods of a </span><span>deposit </span><span>or </span>loan<span>. Thought to have originated in 17th-century Italy, </span>compound<span> interest can be thought of as “interest on interest,” and will make a sum grow at a faster rate than </span>simple interest, which is calculated only on the principal amount."<span>

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The federal funds rate is typically ________ the primary credit lending rate. a. greater than b. equal to c. less than d. None o

steposvetlana [31]

The federal funds rate is typically equal the primary credit lending rate.

<h3>What is federal funds rate?</h3>

Federal funds rate are rate given by the government over credits or loans.

The rate is which commercial banks borrow and lend money and it is often lower than private Organization.

Therefore, the federal funds rate is typically equal than the primary credit lending rate.

Learn more on federal funds here,

brainly.com/question/6270391

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3 years ago

The birthrate in the U.S. increases by 20%. Download the graph below and illustrate what will happen to supply and demand for co

s2008m [1.1K]

When the birthrate in the US increases, there would be an increase in the demand for college education. The demand curve would shift to the right.

<h3>What would happen in birth rate increase?</h3>

When birth rate increases, there would be more children in the country. This would lead to more people needing college education. As a result, the demand for college education increases and this would shift the demand curve to the right.

To learn more about the demand curve, please check: brainly.com/question/27305760

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2 years ago

Gabe is browsing movies in a video store when he sees a man fall to the ground. Gabe has had a CPR and first aid class before, a

sashaice [31]

Good Samaritan statutes

Answer: Option E.

<u>Explanation:</u>

A good Samaritan is an individual who offered help on an intentional premise during a crisis. In spite of the way that an individual should offer first help except if it is an aspect of their responsibilities portrayal. Gabe was qualified in light of the fact that he has had CPR and medical aid classes previously and effectively revived the person in question. He can protect himself with the Good Samaritan resolution.

It offers lawful insurance to somebody who rendered help and made a blunder like Gabe when he unintentionally broke two of the exploited people ribs.

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4 years ago

Onomics-CPB 2020

inessss [21]

Answer:

Cashiers - 3,550,500

Retail - 4,602,500

Office Clerks - 3,117,700

General Combine Foods - 3,452,200

Registered Nurses - 2,955,200

Explanation:

I just took it and got them right

3 0

3 years ago

Read 2 more answers

Weatherly Company reported the following results for the year ended December 31, 2016, its first year of operations: Income (per

disa [49]

Answer:

Deferred tax asset = $402,500

Explanation:

given data

Income before income taxes = $3,300,000

Taxable income= $4,450,000

tax rates 2016 = 35%

tax rates 2017 = 30%

solution

first we will take here difference between Income before income taxes and Taxable income that is

= Taxable income - Income before income taxes

= $4,450,000 - $3,300,000

= $1,150,000

we can say now taxable income is the higher income than income before income tax

so we get here Deferred tax asset that is

Deferred tax asset = 35% of $1,150,000

Deferred tax asset = $402,500

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4 years ago