Answer:
C. Compounding
Explanation:
Compound interest is a system of calculating interest based on the initial principal invested plus the interest accumulated each year or period. It is the addition of interest to principal of a deposit.
In a nutshell, it entails reinvesting interest, so that the interest that will be earned in the next period will be based on the initial principal plus the interest that has been earned overtime.
Hence the process of earning interest on prior interest earning is called compounding
Answer: cognitive dissonance
Explanation: Cognitive dissonance takes place in the fields of psychology when an individual holds two or more irrational beliefs, concepts, or principles, or takes part in a motion that runs counter to any of these three and thereby perspectives mental stress.
Inconvenience is caused by an individual's belief that conflicts with new interpreted proof (statistics) in which they attempt to take steps to address the inconsistency in order to minimize their distress.
In simple words, The concept behind cognitive dissonance shows that people find psychological continuity regarding their life span and the earth's objective reality.
Answer:
6%
Explanation:
Given the following :
Amount of bond issued = $10,000,000
Cash paid = $300,000
Term of bond = 10years
Semiannual interest pay
The stated annual rate of interest on the bond can be calculated thus :
Rate of interest ;
Cash paid / Amount of bond issued
$300,000 / $10,000,000
= 0.03
0.03 * 100%
= 3% (semiannual interest)
Therefore, annual rate of interest :
Semiannual rate * 2
3% * 2 = 6%
The senior executives are known as strategic managers.
<h3>Who is a strategic management?</h3>
Strategic management is the process of setting goals, procedures, and objectives in order to make a company or organization more competitive.
Strategic managers are those responsible for setting goals, procedures, and objectives in order to make a company or organization more competitive.
Strategic managers are responsible for the following:
- The key are planners.
- Risk leaders who establish strategic plans in a business.
Hence, senior executives responsible for the overall management and effectiveness of the organization are called strategic managers.
Learn more about strategic management here : brainly.com/question/24845876
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