1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ymorist [56]
3 years ago
12

If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?

Business
1 answer:
stepladder [879]3 years ago
4 0

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

You might be interested in
Judy has worked in customer service for 11 years. She has learned to listen actively and communicate effectively with the custom
mixas84 [53]
C sounds most correct.
please vote my answer branliest! Thanks.
8 0
3 years ago
Performance is evaluated for an investment center through the comparison of actual and budgeted return on investment (ROI) based
igor_vitrenko [27]

Answer:

True

Explanation:

<em>Return on Investment (ROI) is the proportion of operating assets that an investment center earned as as net operating income.  </em>

<em>ROI is measure of the returned earned by a division relative to the amount invested in the assets used to generate the return. </em>

It is calculated as follows  

ROI = operating income/operating assets  × 100

To evaluate a division, the division's ROI is compared to the budgeted ROI of the company. An actual ROI that exceeds the budgeted is considered a good performance and vice versa

3 0
3 years ago
Which has more elastic Supply in the short run, ice cream or oranges?
Cerrena [4.2K]
Ice Cream. E<span>lasticity is higher when the good are luxuries and ice cream has </span>to actually be made.
8 0
3 years ago
Name a profession which typically includes an apprenticeship as part of its training program
garri49 [273]
Carpentry has apprenticeship programs.
8 0
3 years ago
Nonprice rationing devices are required:a. because the price system does not allocate resources efficiently.b. when there are pr
o-na [289]

Answer:

d. to allocate goods when there is a price ceiling.

Explanation:

Non price rationing or queuing is a measure used when there is a price ceiling, queuing is used to arrange people on a first come first serve basis.

Rationing is done on the non monetary cost of waiting in line.

Waiting time eventually balances buyer equillibrum. When customer's are waiting on queues for too long some of them loose interest and leave, this restoring balance between what is available and number of people waiting to buy.

5 0
3 years ago
Other questions:
  • Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay
    9·2 answers
  • What can be a cost of opening a basic checking account?
    11·2 answers
  • Security Technology Inc. (STI) is a manufacturer of an electronic control system used in the manufacture of certain special-duty
    10·1 answer
  • Zephyros Corporation had estimated manufacturing overhead costs for the coming year to be $301,000. The total estimated direct l
    8·1 answer
  • How much of a person's income should go to charities?
    13·1 answer
  • Suppose that the U.S. government determines that cigarette smoking creates social costs not reflected in the current market pric
    12·1 answer
  • Ted was dissatisfied with his job. He said that the company policy, supervision, and working conditions were responsible for his
    13·1 answer
  • Barbara Smith is an employee of Allied Manufacturing Company. She has an 8-hr workday and each day is paid $0.60 for each unit p
    12·1 answer
  • Use each of these key terms to best complete the following sentences. Use each term no more than once. Agreeableness
    11·1 answer
  • Price rises from $10 to $11, and the quantity demanded falls from 100 units to 95 units. What is the price elasticity of demand
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!