The interest earned compounded annually at $80.14
$1000 x (1.07)^2=1144.90 after 2 years
1144.90 x 0.07 = 80.14
A technique of calculating and adding interest to funding or mortgage as soon as a year, in preference to for any other period: if you borrow $100,000 at five% hobby compounded annually, after the first yr you'll owe $five,250 on a principal of $a hundred and five,000.
It's far to be mentioned that the above-given system is the general components while the major is compounded n quantity of instances in a yr. If the given most important is compounded annually, the quantity after the term at percentage fee of interest, r, is given as A = P(1 + r/a hundred)t, and C.I. could be P(1 + r/100)t - P.
That stated, annual hobby is commonly at a higher rate because of compounding. in place of paying out monthly, the sum invested has twelve months of increase. But if you are able to get the equal price of interest for month-to-month payments, as you can for annual bills, then take it.
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True because the Clayton Act prohibits anticompetitive mergers, predatory and discriminatory pricing, and other forms of unethical corporate behavior
Answer:
Cobe Company
Analysis statement
sell as pocess further
<u>Sales:</u>
product B (5,600*$105) $588,000
product C ( 11,200*$70) <u> 784,000</u>
1,372,000
<u>Relevant Cost :</u>
manufacturing cost (28,000*28) 784,000
Additional cost <u>420,000 1,204,000</u>
Income <u>168,000</u>
<em>The incremental net income is $168,000.</em>
<em>Therefore, the company should process further before selling the product</em>
Explanation:
Love this random question. but sadly i do not.
Answer:
c) Foreign companies tend to reduce the overall number of jobs available in developing countries
Explanation:
The foreign companies that invest in developing countries have their primary goal to make more profit. They achieve this because they manage to produce the same products, with same quality and quantity, but much cheaper. The reason why it is much cheaper is because these companies pay the workers in the developing countries much less than they would pay in their own countries. In general, the wages tend to be around the the amount of what what be the average in the developing country. In order to get workers, these companies tend to provide slightly better working conditions, and they pay on time as well. Also, they increase the amount of jobs in the economy, which is a positive for the people and for those countries.