When the effects and impacts of compounding over time are taken into account, the effective annual interest rate is the true return on a savings account or any other interest-paying investment.
Option C is the correct answer: Loan F's effective rate will be 0.302 percentage points lower than Loan G's.
<h3>Given</h3>
The interest rate on loan F is 5.66 percent per month, compounded.
The interest rate on loan G is 6.02 percent, compounded semi-annually.
<h3>Computations of effective rates</h3>
Therefore, option c is the correct answer.
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I would say false, the sheet that reports the revenues and the costs is known as the income statement. the balance sheet is the sheet that would report all of the assets (such as the cash, accounts receivable, or others). The balance sheet will also report all the liabilities (including the accounts payable, notes payable and others). Lastly, the balance sheet will also report the equity or the capital account of the business. So in a nutshell, the balance sheet reports the assets, liabilities, and owner's equity.
Answer:
joint venture is the correct answer.
Explanation:
Since there is no option, it could be :
- you get an ability to compensate your weakness
- You can spot your competition weakness
- You gain self confidence
- You are cut out to solve a wide variety of problems
