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Tanzania [10]
3 years ago
10

Why is compound interest preferable to simple interest?

Business
2 answers:
nalin [4]3 years ago
7 0

Answer:

D.) Compound interest pays interest both on the principal and the interest earned in each period.

Explanation:

On Edg

Law Incorporation [45]3 years ago
6 0

Answer:

Compound Interest, when it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield.

Explanation:

I hope this helped a lot bro. Hope you make a 100 on your test or quiz. Can I get brainiest.

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Please someone help me..
grandymaker [24]

already answered this question for you in a previous post.

8 0
3 years ago
A company receives $371, of which $21 is for sales tax. the journal entry to record the sale would include a:________
Phoenix [80]

A company receives $371, of which $21 is for sales tax. the journal entry to record the sale would include a debit to Cash for $371.

Claim means a reservation against payment made or unpaid. Debit entries are typically created to the left of accounts. So, when a transaction is made in a double-entry bookkeeping system, one account is debited and the other is credited.

A direct debit is a record of money taken from a bank account. For example, when writing a check. The total debits must balance the total credits. Synonyms: Payment, Liability, Payment, Obligation Other synonyms for direct debit.

Debit is a formal bookkeeping and accounting term, derived from the Latin word debate, meaning "borrow". Charges are categorized on the positive side of balance sheet accounts and on the negative side of resulting items.

Learn more about Debit here: brainly.com/question/14279491

#SPJ4

8 0
2 years ago
How do you make someone a brainly?
Anvisha [2.4K]
The brainliest or a brainly account?
4 0
3 years ago
A Scrum Team often runs into following issues: Conflicting requirements from different departments, ad-hoc work requests from di
Nana76 [90]

Question Options:

a) Issues with how Scrum Master guides the team

b) Issues with Product Owner responsibilities

c) Issues with planning abilities of Development Team

Answer:

Correct answer is Issues with Product Owner responsibilities.

All these issues have something to do with collaborating with

business stakeholders, maintaining Product Backlog, participating in Scrum events, etc.

Listed here in the question, ;Conflicting requirements from different departments, ad-hoc work requests from different business managers, no feedback on Increments are product owner responsibilities.

5 0
3 years ago
Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estim
Sonbull [250]

Answer:

a. What additional annual cost is $2250

b. Other Benefits of optimal order quantity - Reduces Obsolescence of Stock

Explanation:

The additional annual cost that Garden Variety Flower is <em>the Holding or Carrying Cost</em> of Inventory

Holding or Carrying Cost = Order Quantity/ 2 × Carrying Cost per Unit

Holding Cost at the Usage Level = ( 750/2) × ($2×30%) = $225

Holding Cost at Current Usage = ( 1500/2) × ($2×30%) = $450

Additional Holding Cost                                                   = $2250

6 0
3 years ago
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