Using the formula for compound interest:
The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ
Where:
A = the future value = $95000
P = the principal investment amount = ?
r = the annual interest rate = 0.06
n = the number of times that interest is compounded per year = 2
x = the number of years the money is invested = 0.5
95,000 = P (1 + 0.06/2)¹
95,000 = P (1.06/2)
95,000 = P (0.53)
P = 95,000 ÷ 0.53
P = 95,000 ÷ 0.53
P = 179,245.30
Total compounded interest = 179,245.30 - 95,000
Total compounded interest = 84,245
Answer:
Operations Management:
a) true
Explanation:
Operations management ensures that the organization achieves its objectives by coordinating processes and executing them in the conversion of organizational resources into goods and services which will enable the organization to maximize profits. It is the core of the organizational hierarchy and plays important tactical roles that deliver results. It translates the strategic policies of top management into day-to-day actionable and deliverable processes to meet external needs (customers'), thereby generating income for the owners of the business. Without operations management, a business remains an idea that cannot be implemented.
Answer:
The correct answer is the option A: Testimonial Advertising.
Explanation:
On the one hand, the term of <em>testimonial advertising</em> refers to the action that consists creating an <u>advertise that includes a person's written or spoken statement extolling the virtue of the product</u> that is being advertised. Moreover, this type of technique is characterized by the fact of being used commonly in the sales to the ordinary people because they are the ones that would feel and impact when it comes about someone other giving personal opinion about the product and that is why a testimonial advertising is a characteristic that may be included in a memorable advertising message.
On the other hand, the term prospecting refers to the process of identifying a potential consumers.
Answer: Assets, net income, and equity overstated.
Explanation: Depreciation can be defined as the decline in value of assets.
A mistake to record depreciation which is the decline in value in asset will significantly affect the account records. If the asset in a financial record is overstated, the net income and equity are also overstated because the asset is used in calculation of net income and equity.
My answer choice would be "B" " The business will have a financial history, which gives you an idea of what to expect and can make it easier to secure loans and attract investors"
