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2 years ago

is the interest that the bank pays you on the principal plus on the_ that you earned the preceding year.

Business

2 answers:

Yuliya22 [10]2 years ago

7 0

Answer:

Compound interest; interest.

Explanation:

Compound interest can be defined as the interest that the bank pays you on the principal plus on the interest that you earned the preceding year. Thus, it is simply calculated by adding an interest to the initial principal i.e compounding the interest rather than withdrawal.

Mathematically, compound interest is given by the formula;

$A = P(1 + \frac{r}{n})^{nt}$

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

n is the number of times the interest is compounded in a year.

t is the number of years for the compound interest.

garik1379 [7]2 years ago

7 0

Answer:

its compound interest and interest

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Which of the following is not descriptive of external environmental scanning? used as a tool for corporations to avoid strategic

julsineya [31]

Answer:

used to identify major stockholders

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

Hence, the following are descriptive of an external environmental scanning;

1. Used as a tool for corporations to avoid strategic surprise.

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3. Used to determine a firm's competitive advantage.

4. Used as a tool to ensure a corporation's long-term health.

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3 years ago

Uppose a price floor on sparkling wine is proposed by the Health Minister of the country ofVinyardia. What will be the likely ef

Gekata [30.6K]

Answer:

C) Quantity demanded will decrease, quantity supplied will increase, and a surplus will result

Explanation:

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When a price floor is enacted, it usually discourages demand because prices are usually set higher and encourages supply.

As a result, quantity demanded will decrease, quantity supplied will increase, and a surplus will result.

I hope my answer helps you.

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3 years ago

________ exists when a large number of firms produce goods that are similar but customers believe there is a difference.

hichkok12 [17]

Answer:

Monopolistic Competition

Explanation:

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2 years ago

Read 2 more answers

"You want to invest your savings of $20,000 in government securities for the next 2 years. Currently, you can invest either in a

JulijaS [17]

Answer:

Explanation:

In the former case that is investment in security that pays interest of 8% per year for the next 2 years , there is provision of fixed interest rate . That means one can be assured of interest rate of 8 % for two years but he can not get benefit of market fluctuation if interest rate if it rises above 8 % after one year .

In case of investment in security that matures in 1 year but pays only 6% interest , one can take the benefit of market fluctuation if interest rate rises above 8 % . So if there is likelihood that interest rate can rise above 8 % in future , one should invest in 6% security for one year and reinvest it after one year , in the same security or in other security which fetches higher rate of interest .

Apart from that , if there is a contingent liability of paying after one year , one can not go in for 2 year security as it will have to break prematurely , that will result in loss of interest .

So due to situation described above, one should prefer investment in one year security .

6 0

3 years ago

April runs a small shop where she provides a service. She is able to process an average of 11 customers per hour. An average of

professor190 [17]

Answer:

5. Po= 0.36

6. Pn = 0.04

7. 0.16

8. 1.11

9. 1.75

10. 9.9

Explanation:

5. Computation for the probability that April will not be working with a customer

Using this formula

Po=1-(Average number of arrival per hour/Average number of customer served per hour)

Let plug in the formula

Po= 1-(7/11 )

Po=1-0.64

Po= 0.36

Therefore the probability that April will not be working with a customer will be 0.36

6. Calculation for the probability of 5 customers in the system

Using this formula

Pn= (Average number of arrival per hour/Average number of customer served per hour)* Po

Let plug in the formula

Pn= (7/11)^5* 0.36

Pn=0.104358*0.36

Pn=0.037

Pn = 0.04 (Approximately)

Therefore the probability of 5 customers in the system will be 0.04

7. Calculation for the average time a customer spends waiting in line

Time spend Waiting in line=7^2/11(11 – 7) /7

Time spend Waiting in line=(49/44)/7

Time spend Waiting in line = 1.11/7

Time spend Waiting in line= 0.16

Therefore the average time a customer spends waiting in line will be 0.16

8. Calculation for the average number of customers waiting in line

Customers waiting in line = 7^2/11(11 – 7)

Customers waiting in line=49/44

Customers waiting in line= 1.11

Therefore the average number of customers waiting in line will be 1.11

9. Calculation for the average number of customers in the system

Average customers in the system= 1.11 +(7/11)

Average customers in the system= 1.11 +0.64

Average customers in the system = 1.75

Therefore the average number of customers in the system will be 1.75

10. Calculation for the arrival rate in order for April to stay that busy

Arrival rate = 0.9 * 11

Arrival rate = 9.9

Therefore the arrival rate in order for April to stay that busy will be 9.9

4 0

2 years ago

________is the interest that the bank pays you on the principal plus on the_________ that you earned the preceding year.

is the interest that the bank pays you on the principal plus on the_ that you earned the preceding year.