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klasskru [66]
3 years ago
10

Ordinary simple interest brings increased revenue to the lender. The general practice

Business
1 answer:
densk [106]3 years ago
6 0

Answer:

Exact = $34.5

Ordinary = $35

Explanation:

Given that :

Principal, P = $1500

Interest rate = 14% = 0.14

Number of days = 60

For exact :

Exact simple interest uses 365 days :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 365 = 34.520547 = $34.5

For ordinary simple interest :

Simple interest = principal * rate * time

Simple interest = $1500 * 0.14 * 60 / 360 = $35

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Gordon would like to win back his customer by giving him tickets to a major league baseball game, but he knows his company frown
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Gordon would like to win back his customer by giving him tickets to a major league baseball game, but he knows his company frowns on this type of activity. Gordon is facing ethical dilemma.

Ethical dilemmas, is a dilemma that has to do with morals and principles which involves an option that isn't ethically acceptable. In this scenario, Gordon's company doesn't support activities like giving free tickets to customers and at the same time, he wants to win back his customer. He is faced with ethical dilemma as he's aware that giving out the ticket won't be supported by his company even though to him,it feels like the right thing to do to win back his customer.

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Compton Company expects the following total sales: Month Sales March $ 20,000 April $ 10,000 May $ 34,000 June $ 15,000 The comp
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Trade-oriented sales promotions are directed at B. wholesalers, retailers, or distributors.

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Find out more on trade - oriented promotions at brainly.com/question/14293289

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