Answer:
Compound interest have more of an impact for <em>long-term</em> investments
Explanation:
Interest earn on the principal for one period (P) is the same for compound and non-compound interest
The <u>non-compound interest</u> of period n is is the sum of P for all n periods: P*n
<u>Compound interest</u> is the result of reinvesting interest.
The compound interest of period n () = interest earned on the principal (P) + interest on <em>previously accumulated interest of n-1 periods</em> (), where...
...<em>previously accumulated interest of n-1 periods</em> ()= interest earned on the principal (P) + interest on <em>previously accumulated interest of n-2 periods</em> ()
... and so on backward to the interest of period 1 = interest earned on the principal (P) = non-compound interest of period 1
It can be seen that the less (more) time pass, the less (more) the gap between compound interest and non - compound interest
quantity because really good weather would help more crop grow
Answer:
c. $183,950
Explanation:
The calculation of cash payments for manufacturing in the month of June is shown below:-
Cash payment = 3 ÷ 4 × June Manufacturing Costs + 1 ÷ 4th × May Manufacturing Costs
= ($217,600 - $28,800) × 3 ÷ 4 + ($198,200 - $28,800) × 1 ÷ 4
= $188,800 × 0.75 + $169,400 × 0.25
= $141,600 + $42,350
= $183,950
So, we have applied the above formula.
Answer:
accounting conceptual
Explanation:
The accounting conceptual framework is a theory that details the basic reasoning underlying the financial statements and financial reporting in general. The ACF clearly defines the objectives and users of the financial statements.
A required implementation specification must be put into place as written in the Rule. This is true as only addressable specification may have alternate implementation.
<h3>What is an implementation specification?</h3>
An implementation specification is a more detailed description of the method covered entities can use to meet the requirements of a particular standard. This is typically related to the HIPAA security rule.
It should be noted that the first step toward Security Rule compliance requires the assignment of security responsibility — a Security Officer. Here, the Security Officer can be an individual or an external organization that leads Security Rule efforts and is responsible for ongoing security management.
Here, the required implementation specification must be put into place as written in the Rule. This is true as only addressable specification may have alternate implementation.
Based on the above information, it can be deduced that the correct option will be true.
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