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Mrrafil [7]
3 years ago
5

A first saving account pays 5% compounded annually. A second saving account pays 5% compounded continuously. Which of the two in

vestments is better in the long term?
Business
1 answer:
Marysya12 [62]3 years ago
3 0
The account that’s compounded continuously is the better investment long-term because you accrue interest on top of interest on a daily basis which grows exponentially.
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Kevin Bacon is thinking about buying an investment. The investment option that he is thinking about buying is a written pledge b
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Answer:

Kevin is thinking about purchasing a corporate bond

Explanation:

Corporate bonds are bonds issued by firms.

Firms have two major instruments to attract investments from individual investors like Kevin: stocks and bonds.

Stocks are ownership certificates, their values and payouts fluctuates.

Bonds are debt certificates. Issuing them means the firms are obliaged to pay the interests until maturity and the face value of the bond at maturity.

6 0
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Barry joined the military after high school, where he learned how to maintain and fix airplanes. Now he does similar work for a
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The answer is B - this is how Barry splits his time.
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Discuss why customer relationship management systems help organizations achieve customer intimacy
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3 years ago
Transactions The selected transactions below were completed by Cota Delivery Service during July: Indicate the effect of each tr
Bezzdna [24]

Answer & Explanation:

1.- Increase    in assets and equity

(cash is asset and common stockequity)

2.- no effect

(one asset cash is rtaded for another, supplies)

3.- Decrease in Assets and Equity

(expense decrease the cash (assets) and equity (income))

4.- Decrease in Assets and Equity

(expense decrease the cash (assets) and equity (income))

5.- Increase   in assets and equity

(cash increase equity increase (service revenue))

6.- Increase   in assets and equity

(account receivable increase equity increase (service revenue))

7.- Decrease  in Assets and Liablity

(ap decrease and cash decrease)

8.- no effect

(one asset increases cash. Another decreases, account receivable)

9.- Decrease in Assets and Equity

(expense decrease the suppplies (assets) and equity (income))

10.- Decrease in Assets and Equity

(less cash less retained earnings)

5 0
3 years ago
A budget is used to do which of the following
Leya [2.2K]

Answer:

A budget is a financial plan used to estimate future income and expenses. The budgeting process may be carried out by individuals or by organizations. Budgets help an entity determine whether it can continue to operate with its projected income and expenses.

Explanation:

thank me later

6 0
3 years ago
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