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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.

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The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.9 hours
topjm [15]

Answer:

-$30,250 favorable

Explanation:

labor efficiency variance = (standard quantity - actual quantity) x standard labor cost

  • actual quantity = 7,700 hours
  • standard quantity = 9.9 hours x 1,000 units = 9,900
  • standard labor cost = $13.70

labor efficiency variance = (7,700 - 9,900) x $13.70 = -$30,250 favorable variance

the variance is favorable, because less hours were actually used than forecasted

5 0
3 years ago
What are the dimensions of situational control identified by Fiedler's contingency leadership model? (Check all that apply.)
Kipish [7]

There are ways to control different situations. The dimensions of situational control Fiedler's contingency theory are leader-member relations, task structure, and position power.

Fiedler's is popularly known for his contingency theory. This theory helps to understand why managers can behave so differently.

The contingency theory states that there no one single leadership style often works for all employees.

He stated also that there are situational-contingent elements that influences a leader's ability to lead.

Learn more about Fiedler's contingency theory from

brainly.com/question/14615424

6 0
3 years ago
What would sell more (both stores are just now opening.): a "in-trend" jewelry store or a Simplistic lip gloss shop?
Gnoma [55]

Answer:

The lip gloss shop

Explanation:

Because a trend last for a short amount of time meaning you have to restock on so many new products all the time wasting more and more money, as to the lip glosses all colors can be sold or always be in style.

5 0
3 years ago
Tom is charged with murder. Bob testifies that he saw Sally shoot Tom. This is
Rina8888 [55]
A witness testimony would be direct evidence. Hope you found that helpful :)
5 0
3 years ago
Global reserves of oil, gas, and coal are still abundant. <br> a. True <br> b. False
tiny-mole [99]
I think the answer must be True! Because the scientist are uncertain of how long the resources will be last. Hope it helped you!  Have a great day! :)
3 0
3 years ago
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