1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
disa [49]
2 years ago
9

John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If

john pays back exactly $120, then the interest was.
Business
1 answer:
ludmilkaskok [199]2 years ago
6 0

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

  • However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of time

Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

Read more about this here

<em>brainly.com/question/7508525</em>

You might be interested in
Written promise to pay a specified amount of money
Kay [80]
C. One who signed the note and promised to pay at maturity
4 0
3 years ago
Jamal has been tasked with putting together a new team for a new Starbucks project line. As Jamal thinks through the components
inysia [295]

Answer:

C. team composition

Explanation:

Team composition -

It is the overall combination of the people with different characteristics in a team ,  where the people interact in order to attain a common goal , is known as team composition .

The team could have homogeneous or heterogeneous members .

hence , from the question information , Jamal is concerned with the team composition .

4 0
3 years ago
What does reliability ensure? A. The system has the ability to operate in many different operating systems B. The system is easy
PolarNik [594]

Answer:

C. The system is functioning correctly and providing accurate information

Explanation:

Reliability refers to the ability of a system or a machine to perform its intended function with minimal or nil breakdown.  Consistency and validity of data from the performance of a system or a piece of equipment indicate its reliability. It is the possibility of failure-free operation of a system.

Reliability will, therefore, ensure a system is performing its function with minimal interruptions resulting from failures. It guarantees consistency in the results from operations. With reliability, production happens when it is needed.

5 0
3 years ago
Two-Stage ABC for Manufacturing: Reassigning Costs to Cost Objectives National Technology, LTD. has developed the following acti
Verizon [17]

Answer:

$27,541

Explanation:

Calculation to Determine the activity cost

Activity Cost

Set-up $75.00

Movement:

Batch 60V $66

(Three batch moves *22.00 per batch)

Weight $750

(150 pounds*0.10 per pound*50)

Inspection $200

(Two sets of inspections*50*2.00 per unit)

Drilling $750

(3.00 per hole*five holes in each unit*50)

Welding $24,000

(6.00 per inch*80*50)

Shaping $800

(32.00 per hour*(30 minutes/60)*50)

Assembly $900

(18.00 per hour*1*50)

Total $27,541

Therefore the activity cost is $27,541

3 0
3 years ago
Account policies set in GPOs linked to an OU containing computer accounts affect only local user accounts defined in the compute
podryga [215]
The answer to this question is A
5 0
2 years ago
Other questions:
  • When using the simple EOQ model to determine optimal order quantity, which of the following is true?
    10·1 answer
  • Hunter, Inc.'s accounts receivable increased during the year by $407,000. Its bad debt expense was $235,000, and its allowance f
    13·1 answer
  • What is the most effective way to control chryptosporidium?
    8·1 answer
  • How do you find your revenue and profit doing equations?
    12·1 answer
  • According to the PCAOB, an accounting firm's independence is least likely to be impaired if the firm
    9·1 answer
  • Does inflation benefit the lender or borrower?
    14·1 answer
  • Quentin operates an ice cream franchise which has shops throughout the United States. CoolCream Co., the franchisor, supplies th
    15·1 answer
  • Loren Company recently purchased materials from a new supplier at a very attractive price. The materials were found to be of poo
    6·1 answer
  • On January 1, 2021, Red Flash Photography had the following balances: Cash, $17,000; Supplies, $8,500; Land, $65,000; Deferred R
    12·1 answer
  • In managing production worker compensation and expenditures for best practice training, the overriding objective of company mana
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!