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
galben [10]
2 years ago
14

Complete the statement about the compound interest expression.

Business
1 answer:
Misha Larkins [42]2 years ago
5 0

Answer:

The answer is "A"

Explanation:

Cumulative interests are counted by one plus the annual interest rate adjusted to the cumulative periods of less than one. The first principal sum is determined by one. The cumulative sum of the initial loan is then deducted from the calculation.

Formula:

A= \ p (1+ \frac{r}{n})^{nt} \\\\\ Where,\\ \\ A =  \ annual \ interest\\P = \ principal\\t= time\\r= rate

That's why we apply the above formula to calculate the annual interest rate.

You might be interested in
Amy has opened a new startup company in web design. Within the first month of business, the startup agrees to maintain an accoun
lara31 [8.8K]

Answer:

<em>a) Trade can make everyone better off </em>

Explanation:

In business, it is common to see trades. If the startup agrees to maintain an accounting firm's website in EXCHANGE for the tax returns, that is called trading since you are giving one thing for another.

Hope this helps! :)

3 0
3 years ago
Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to s
Orlov [11]

Answer:

The c orrect answer is A.

Explanation:

Giving the following information:

Annual deposit= 1,410

Annual interest rate= 5%

Number of years= 8 years

To calculate the future value of her investment, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1,410*[(1.05^8)-1]}/ 0.05

FV= $13,464.24

4 0
3 years ago
Miller's office building with an adjusted basis of $625,000 and a fair market value of $885,000 is condemned on December 30, 201
Amiraneli [1.4K]

Answer:

1a. Recognized Gain $20,000

1b. Basis $625,000

Explanation:

1a. Calculation for Miller's recognized gain using this formula

Miller's recognized gain =Condemnation award-Costs of building a new office

Let plug in the formula

Miller's recognized gain=$850,000-$830,000

Miller's recognized gain=$20,000

Therefore Miller's recognized gain will be $20,000

1b.Miller's basis

Based on the information given we were told that Miller's office building had an adjusted basis of the amount of $625,000 which simply means that Miller's BASIS for the new office BUILDING will be the amount of $625,000

Therefore the Basis is $625,000

4 0
2 years ago
If the inflation rate was 3.00% and the nominal interest rate was 8.00% over the last year, what was the real rate of interest o
Alex Ar [27]
The real interest rate would be 5%.
You are getting 8% interest and losing 3% due to inflation= 5%
3 0
3 years ago
Thanks to reform work by jacob riis and others, the first new york city tenement legislation required that __________. tenement
faust18 [17]
"new law"

The Tenement House Act was passed and became law in 1901. Tenement houses constructed after the law passed were referred to as "new law" tenements.
4 0
3 years ago
Read 2 more answers
Other questions:
  • We believe in creating loyal customers by providing a superior experience at a great value. We are committed to direct relations
    6·1 answer
  • If your content is focused on the different solutions to your buyer persona's problem, where would that content fit into the buy
    14·1 answer
  • TRUE OR FALSE FOR BRAINLIEST ANSWER A covenant not to sue is a contractual provision in which one party promises not to sue the
    12·2 answers
  • In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsid
    12·1 answer
  • Simon recently received a credit card with an 18% nominal interest rate. With the card, he purchased an Amazon Kindle for $350.
    13·1 answer
  • Victor Cruz contributed $77,000 in cash and land worth $144,000 to open a new business, VC Consulting, in exchange for common st
    7·2 answers
  • Changes in tariffs and quotas are: Group of answer choices infrastructure changes. corporate strategies designed to maximize pro
    7·1 answer
  • davis corporation is preparing its manufacturing overhead budget for the fourth quarter of the year the budgeted variable manufa
    12·1 answer
  • Approximately what is the expected dollar rate of return on euro deposits if today's exchange rate is $1.18 per euro, next year'
    11·1 answer
  • PLEASE ANSWER QUICKLY
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!