Answer:
The amount of interest paid is $ 1,500.
Explanation:
Given that Perry Mazza wants to borrow $ 30,000 from the bank, and the interest rate is 5% and the term is for 5 years, to determine what is the amount of interest paid, the following calculation must be performed:
(30,000 x 5) / 100 = X
150,000 / 100 = X
1,500 = X
Therefore, the amount of interest paid is $ 1,500.
Take the number from dividing the end value by the beginning value and subtract one from that number. This step will give you a decimal value that you can then use to calculate a percentage.
<h3>How do we calculate growth rate?</h3>
To calculate the growth rate, take the current value and subtract that from the previous value. Next, divide this difference by the previous value and multiply by 100 to get a percentage representation of the rate of growth.
<h3>When computing the annual growth rate in revenues you divide the?</h3>
To calculate revenue growth as a percentage, you subtract the previous period's revenue from the current period's revenue, and then divide that number by the previous period's revenue. So, if you earned $1 million in revenue last year and $2 million this year, then your growth is 100 percent.
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Answer:
C. much more important than is the demand and supply of foreign currency originating from trade in goods
Explanation:
Answer:
The correct answer is option c.
Explanation:
Tougher licensing tests and costly sterilization will increase the cost of production for the piercing studios. The studios will be able to supply a lesser quantity of piercings at the same cost. This will cause the supply curve of piercings to move to the left.
This leftward shift in the supply curve would cause the equilibrium price of piercings to increase and the equilibrium quantity to decrease.
If the price elasticity of demand for insulin is equal to zero then the demand curve for insulin is - vertical
The demand curve is a graphical illustration of the connection between the price of a good or carrier and the amount demanded for a given period of time. In a standard representation, the rate will seem at the left vertical axis, the quantity demanded at the horizontal axis.
the demand curve, in economics, is a graphic representation of the relationship between product charge and the amount of the product demanded. it is drawn with the rate at the vertical axis of the graph and the amount demanded on the horizontal axis.
The demand curve can be an essential device to apply while companies make pricing decisions. this is because the demand curve can display the price factor wherein the customer responsiveness drops, in addition to the rate point that elicits the highest demand.
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