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tamaranim1 [39]
3 years ago
15

Which statement best compares simple and compound interest

Business
1 answer:
kirill115 [55]3 years ago
7 0

Answer:

D. Simple interest is gained only on the principal amount of an account while compound interest is based on previous interest earned

Explanation:

:)

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For questions 1-10, fill in the blank with the letter of the term that best matches the
AveGali [126]

Answer:

Explanation:

Free brainliest to the first who answers and 100 points!!!!! also a thanks and a five star

7 0
3 years ago
In order to receive payment from the recovery fund in Illinois, the suit against the alleged violator must be filed within how m
Norma-Jean [14]

Answer:

2 years

Explanation:

According to the PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS 225 ILCS 454/20-90, it is stated that "No action for a judgment that subsequently results in a post-judgment order for collection from the Real Estate Recovery Fund shall be started later than 2 years after the date on which the aggrieved person knew, or through the use of reasonable diligence should have known, of the acts or omissions giving rise to a right of recovery from the Real Estate Recovery Fund." Therefore in order to receive payment the suit must be filed within 2 years of the violation's occurrence.

8 0
3 years ago
​(Identifying spontaneous,​ temporary, and permanent sources of​ financing) Classify each of the following sources of new financ
Ivanshal [37]

Answer:

a) Permanent source of finance

b) Spontaneous source of finance

c) Permanent source of finance

Explanation:

With transaction b), The credit is for day to day operations making it a spontaneous funding but credit usually do not take more than 90 days to pay therefore temporal can also fit in nonetheless Spontaneous is more appropriate as the credit is a spontaneous source of funding.

5 0
4 years ago
An approach to the SDLC that plans the project in advance and then progresses according to the plan is called what
makvit [3.9K]

Answer:

source-

One of the most common predictive models is the waterfall model. It assumes various phases in the SDLC that can occur sequentially, which implies that one phase leads into the next phase. In simple words, in waterfall model, all the phases take place one at a time and do not overlap one another.

in your own words-  

One of the foremost common prognostic models is that the falls model. It assumes varied phases within the SDLC which will occur consecutive, which suggests that one section leads into following section. In straightforward words, in falls model, all the phases occur one at a time and don't overlap each other.

Explanation:

source is where i got the imformation and the in your own words is it fully rewritten, sorry its a bit lengthy and hope this helps have a god day/night/noon! :)

7 0
2 years ago
Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the com
spin [16.1K]

Answer: 7.48%

Explanation:

Weighted Average Cost of capital is simply the weighted average of the costs of equity and debt.

Cost of Equity

= \frac{Next dividend}{Stock Price ( 1 - flotation Costs)} + growth rate

= \frac{0.65}{19(1 -0.1)} + 0.06

= 9.80%

Cost of debt

= Interest ( 1 - Tax)

= 0.075 (1 - 0.40)

= 4.65%

WACC = 9.80% * 0.55 + 4.65% * 0.45

= 7.48%

6 0
3 years ago
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