All categories

2 years ago

What is the formula for calculating simple interest?

Business

1 answer:

lakkis [162]2 years ago

4 0

Explanation:

the formulary for calculating simple interest is

simple interest= principal×rate×time/100

You might be interested in

Eduardo owns a farm in a country where taxes are very high and where the government openly considers the possibility of taking o

Artemon [7]

The major thing which Eduardo's behavior demonstrates is that:

The freedom to own property and keep the profits from work is necessary for the survival of an economy.

<h3>What is Freedom to own property?</h3>

This refers to the individual right which every human where he is able to buy and own land or inherit it from someone, or even get it as a gift and keep it.

With this in mind, we can see that Eduardo is staying in an oppressive country where the tax rates are very high and there are no freedom to own property so he begins to stop investing in the farm and focus on subsistence agriculture.

Read more about property ownership here:
brainly.com/question/8107760

8 0

2 years ago

You are planning to save for retirement over the next 25 years. To do this, you will invest $1,000 a month in a stock account an

STALIN [3.7K]

Answer:

Monthly withdraw= $12,452.6

Explanation:

First, we need to calculate the total accumulated at the moment of retirement. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Stock:

Monthly investment= $1,000

Interest rate= 0.09/12= 0.0075

Number of periods= 25*12= 300 months

FV= {1,000*[(1.0075^300) - 1]} / 0.0075

FV= $1,121,121.94

Bond:

Monthly investment= $700

Interest rate= 0.06/12= 0.005

Number of periods= 25*12= 300 months

FV= {700*[(1.005^300) - 1]} / 0.005

FV= 485,095.77

Total FV= 1,121,121.94 + 485,095.77

Total FV= $1,606,217.71

Now, the annual withdrawal:

Interest rate= 0.07/12= 0.005833

Number of months= 12*20= 240

Monthly withdraw= (FV*i) / [1 - (1+i)^(-n)]

Monthly withdraw= (1,606,217.71*0.005833) / [1 - (1.005833^-240)]

Monthly withdraw= $12,452.6

3 0

3 years ago

Why would this be a better career choice than some of the other points she was looking for

larisa86 [58]

Answer:

your not giving enough information

Explanation:

7 0

2 years ago

According to the erosion model of organizational commitment, the employee with the fewest emotional bonds is the most likely to

Likurg_2 [28]

The statement, according to the erosion model of an organizational commitment, the employee with the fewest emotional bonds is the most likely to quit, is true.

The erosion model explains that an organization's employee who have less or fewer emotional bonds tend to quit the organization because they do not feel or get involved in the organization, or they don't feel any attachment to it.

Here the social influence model states that suppose when two employees are closely related or have good terms, so if one of them quits their work, then the other one is more likely to follow them and leave the organization.

Hence, the erosion model suggests that employees with fewer bonds will be most likely to quit the organization.

To learn more about erosion model here:

brainly.com/question/28444776

#SPJ4

4 0

1 year ago

Does anybody know this please help !?

levacccp [35]

Answer:

11. building codes

12. Consideration

13. Consumer Protection

14. Federal Unemployment Tax Act

15. Zoning laws

Explanation:

do you need help with 16 and 18? if you do please comment!! but hope i helped <3

6 0

3 years ago