All categories

2 years ago

Interest earned on both the initial principal and the interest reinvested from prior periods is called _______.

Business

1 answer:

scZoUnD [109]2 years ago

7 0

Answer:

interest earned on both the initial principal and the interest reinvested from prior periods is called compound interest.

________________________________

Compound interest. The interest which is added on to the initial investment, so that this will itself gain interest in subsequent periods.

You might be interested in

Which of the following accounts will give u the least access to your money

FrozenT [24]

What are the options?

6 0

3 years ago

Read 2 more answers

Compass Inc. purchased 1250 bags of insulation, on account, from Glassco Inc. The bags of insulation cost $5.50 each. Compass pa

Alina [70]

Solution and Explanation:

Journal entry to record the purchase the bags of insultaion.

Date Particulars Debit Credit

Inventory $6875

accounts payable $6875

(Purchased insulated bags from Glassco Inc., 1250bags at the rate $5.5 each)

entry to record the payment for shipping

Inventory $320

cash $320

( paid shipping charges for bags to warehouse)

entry for return of the defective bags

accounts payable $275

Inventory $275

( returned defective bags to glassco Inc)

To record the payment for the bags kept by compass.

Accounts payable $6600

cash $6600

( payment for remaining bags to Glassco Inc., )

4 0

3 years ago

In markets where customers are sensitive to price and where internal efficiencies lead to cost advantages allowing for acceptabl

Nadusha1986 [10]

Answer:

The correct answer is letter "A": Penetration.

Explanation:

Penetration Pricing means that an initially low price for a new product or service attracts customers away from the competitors. The new company hopes that even if prices rise to normal levels, customers will continue to use their products. Penetration Pricing will yield higher returns on sales and push rivals out of the market if implemented long enough.

3 0

3 years ago

An agency that offers accreditation for health-oriented websites is ____.

Eddi Din [679]

An agency that offers accreditation for health-oriented websites is URAC.
UARC promotes a continuous development in the quality and efficiency of healthcare management through the process of accreditation, education, and measurement. It is a non-profit organization that under the name of Utilization
Review Accreditation Commision in 1990.

6 0

2 years ago

A fry cook at a fast food

scZoUnD [109]

Answer: a) call his manager

Explanation: he should call his manager and take a day off to go see his doctor.

4 0

11 months ago