Answer:
$1,200,000
Explanation:
The computation of the accrued interest is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $48,000,000 × 10% × (3 months ÷ 12 months)
= $1,200,000
We simply applied the simple interest formula by considering the principal amount, rate of interest and the number of months so that the correct amount could come
The answer to your question is False
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Answer:
Production opportunities, time preferences for consumption, risk, inflation. Explanation: The cost of money is the interest rate that lenders charge borrowers, and is determined by the supply and demand of funds.
Project managers must manage the Critical Path which consists of all tasks that must start and finish on schedule or the project will be delayed unless corrective action is taken.
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The correct answer is: type new list.
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