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
Ulleksa [173]
3 years ago
10

Why does compound interest earn more than simple interest

Business
1 answer:
bonufazy [111]3 years ago
5 0

Answer:

Answer to the following question is as follows;

Explanation:

Compound interest accelerates the growth of money because, in response to gaining returns on the investment you invest, you also gain revenue on those yields at the conclusion of each compounding period, which might be daily, monthly, bimonthly, or yearly.

The amount owed of a loan or investment is used to calculate simple interest. Compound interest, on the other hand, is calculated using the principle amount and the inclination that accumulates on it over time.

You might be interested in
when a company will reduce the number of projects they have to manage internally to only core projects and send noncritical proj
kolezko [41]

When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called outsourcing.

Outsourcing is the business exercise of hiring a party outdoor a company to carry out offerings or create goods that were traditionally completed in-house through the enterprise's very own personnel and personnel. Outsourcing is a practice generally undertaken by businesses as a price-reducing measure.

Some commonplace outsourcing activities encompass human useful resource control, centers control, supply chain control, accounting, customer support and service, advertising, pc aided design, research, design, content material writing, engineering, diagnostic offerings, and felony documentation.”

Learn more about company here: brainly.com/question/24448358

#SPJ4

8 0
1 year ago
Copywriters can correlate the visual and headline to the _____ step of the creative pyramid.
Citrus2011 [14]
The answer is that Copywriters may correlate the visual and headline to the attention step of the creative pyramid. The Creative Pyramid, refers to the pyramid which first indicates the most news-worthy information, then next is the second to the most important information and lastly, the other general background info of a news story.
4 0
3 years ago
In a contingent contract
Korvikt [17]

Answer:

C. the payoffs are dependent upon another​ variable, such as revenue or profit.

Explanation:

Contingent contracts are one of the types of contracts in which the promisor offers the responsibility only when the distinct conditions are satisfied. It works on the occurrence or non-occurance of the specific event. It relies on the happening of an unpredictable event. The contingent contract becomes void in the case when the happening of the event grows impossible.

7 0
3 years ago
Tangshan Industries has issued a bond which has a​ $1,000 par value and a 15 percent annual coupon interest rate. The bond will
mina [271]

Answer:

B. 10.79 percent

Explanation:

yield to maturity = [150 + (1250 - 1000/10)]/[(1250 + 1000/2)]

                            = 10.79%  

Therefore, The yield to maturity on the Tangshan Industries bond is 10.79%

6 0
3 years ago
If a corporation offers 1,000 shares of stock and you buy 300 shares:
LuckyWell [14K]

you own 30% of the shares issued.

5 0
3 years ago
Other questions:
  • Traditionally, Lamme's Candies have used direct sellers to distribute its products. However, it recently made the decision to al
    13·1 answer
  • Andrews Company has five employees participating in its defined benefit pension plan. Expected years of future service for these
    9·1 answer
  • Cawley Company makes three models of tasers. Information on the three products is given below.
    14·1 answer
  • The global positioning system is a network of 21 ________ plus 3 working spares.
    14·1 answer
  • The accrued interest on a bond __________.
    8·1 answer
  • In the country of Mashwen, the state owns key industries such as energy andtransportation. The rest of the industries are privat
    9·1 answer
  • Selected transactions for the Ecker Company are listed below.
    11·1 answer
  • Hello can someone help me with this because i'm confused about it
    5·2 answers
  • On June 1, 2018, Andre Company and Agassi Company merged to form Lancaster Inc. A total of 800,000 shares were issued to complet
    6·1 answer
  • What will a bank do in order to ensure you are responsible?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!