Which statement best compares simple and compound interest

(A) Simple interest increases each year by the same amount while compound interest remains the same each year
(B) Both simple and compound interest rates are guaranteed to stay the same each year
(C) Both simple and compound interest are calculated based on principal and earned interest but simple interest is lower
(D) Simple interest is gained only on the principal amount of an account while compound interest is based on previous interest earned

Answers

Answer 1

Answer:

D. Simple interest is gained only on the principal amount of an account while compound interest is based on previous interest earned

Explanation:

:)

Answer 2

The best comparison of simple and compound interest is simple interest is gained only on the principal amount of an account while compound interest is based on previous interest earned.

What is Interest?

Interest is the cost of borrowing money or the cost of lending money. It is most commonly expressed as an annual percentage of the loan amount.

The interest rate is calculated on the investment or loan. There are two methods for calculating interest. Simple interest (SI) and compound interest (CI) are the two methods (CI). Simple interest is the interest paid on a loan or investment. It's based on the principal amount. Simultaneously, Compound Interest is interest calculated on interest. It is based on the principal amount as well as the interest from the previous period.

Therefore, Option (d) is correct.

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Related Questions

for brainliest and 100 points !!!!the unemployment rate is 5%. there are 139179 people working in the country. calculate the labor force

Answers

Answer:

I think the answer is 2783580

Answer: 132,220

Since there’s aprox 6,959 unemployed ppl

139179-6969=132,220

Vertical Integration is when a company _____________.

Answers

Answer:

Vertical integration is when a company owns or controls its suppliers, distributors or retail locations to control its value or supply chain


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Explain about E = mc² !!??​

Answers

Answer:

E = mc2. It's the world's most famous equation, but what does it really mean? "Energy equals mass times the speed of light squared." On the most basic level, the equation says that energy and mass (matter) are interchangeable; they are different forms of the same thing.

Explanation:

:(

PLEASE HELP! IN A TEST! A salesperson may sell from a distance except when it involves _____.
A. contacting people through email messages
B. contacting people who have opted
out of receiving sales messages
C. letting customers place orders on a company's website
D. contacting people through telemarketing

Answers

Answer:

b

Explanation:

A salesperson may sell from a distance except when it involves contacting people who have opted out of receiving sales messages. Thus option (b) is correct.

Who is a salesperson?

A salesperson is a person who is employed by a company or organization to sell products or services to customers. The primary role of a salesperson is to identify potential customers, establish relationships with them, and persuade them to purchase the company's products or services.

They may use a range of techniques to sell, including advertising, direct marketing, and personal selling. Successful salespeople typically have strong communication, interpersonal, and negotiation skills, and are able to build trust and rapport with customers.

If a person has opted out of receiving sales messages, the salesperson is not allowed to contact them for marketing purposes. Therefore, option (b) is correct.

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The price of crude oil increases 50%. This will cause a change in ( supply/ quality supplied )
✓ for crude oil. Why?

Answers

Answer:

See below

Explanation:

A price increase motivates suppliers to avail more products for sale in the markets. High prices tend to have a high margin hence more profits. Like other businesses, oil producers are profit-motivated; they will supply more quantities if there is a high probability of making more profits.

The law of supply explains the correlation between supply and price. As prices increase, supply also tends to increase.

The global stock market is often volatile. if your entire investment portfolio loss 10% of it's value in a month during a market decline, what would you do?
A. Sell all of your investment
B. Sell some
C. Keep all / Buy more​

Answers

Answer:

B sell some

Explanation:

in a scenario where it is dropping, it doesn't mean it won't come back up. So you would sell some but keep a few so if it went up you still make profit

Based on the provided information, what i would do in this case is that i will sell some of the investment.

According to the question, we are to discuss about selling if investment in a case global stock market is often volatile and my entire investment portfolio loss 10% of it's value in a month.

As a result of this i will sell some of the investment, then keep some because the global market can still rise.

Therefore, option B is correct because, global market can still rise.

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How are wealth and savings related?

Answers

Answer:

Wealth is an abundance of money and if you are good with your savings are a way you can get wealth

Which of the following terms describes doing things in a way that dies not deplete natural resources or damage the environment

Answers

Answer:

B. sustainability

Explanation:

Here are the options to this question

A. efficiency

B. sustainability

C. reliability

D. renewable

Sustainability involves the proper use of resources found in the environment to ensure that they last or are available for future generations.

Methods of ensuring environmental sustainability :

1. recycling

2. reducing the use of non renewable resources and using more renewable resources

3. reducing the amount of pollution

Answer:

sustainability

Explanation:

edge 22

What will you need to find for your life when you begin working?

Money

Balance

Time

Energy

Answers

Balance - need to understand when enough is enough.

Answer:

Balance is key

Explanation:

You work at an insurance agency. Your boss has asked you to purchase eight computer screens for the office. You are considering two online stores. The first store charges $629.99 total for the screens and offers free shipping. The second store charges $579.49 total for the same screens, and charges $39.99 for shipping all eight screens. Additionally, you have an online code for a $20 discount at the first store. What is the final cost for the store that offers the better deal?

Answers

Answer:

after you compute the total costs per store, you should purchase the computer screens from the first store

Explanation:

the total cost for the first store = $629.99 (including freight) - $20 (discount coupon) = $609.99

the total cost for the second store = $579.49 (computer screens) + $39.99 (freight) = $619.48

after you compute the total costs per store, you should purchase the computer screens from the first store

How is the wage rate determined through the forces of demand and supply of labor?

Answers

Answer: Just as in any market, the price of labor, the wage rate, is determined by the intersection of supply and demand. When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises.

Explanation:

7. Ethics are.........
a. Inherited.
b. Lawless.
C. Deliberate.
d. Abstract.

Answers

Answer: Either a or c for me Not 100 percent sure on this one sorry

Explanation:

Which two national sports league attract the most female fans?

A. Major League Soccer and Major League Baseball

B. Major League Baseball and the National Football League

C. NASCAR and the National Football League

D. The National Hockey League and Major League Baseball

Answers

Answer:

B

Explanation:

Major League Baseball and the National Football League


Question :Which statement best describes displacement? Check all that apply


Answer:2 , 3 5

Answers

Answer:

2

Explanation:

thats my guess

you should try to get the lowest interest rate possible in which situation

(A) you are lending money to a bank
(B) you are borrowing money from another person
(C) you are lending money to another person
(D) you are putting money in a savings account

Answers

Answer:

B. you are borrowing money from another person

Explanation:

rest is you giving money to others which if you could youd want higher interest rates for

Answer:

You are borrowing money from another person.

Explanation:

In order to start a successful company, it is important to rely on other people to do all the work for you. True False​

Answers

Answer:

False!

It's best to have people to rely on, but also do the work yourself!

Answer:

Mama... False

Explanation:

False Joe mama

How many months will it take Damián to save up the money for first and last month's rent? Damián's monthly paycheck = $1,300 First and last month's rent = $750 + $750 = $1,500 First month's groceries, cable and internet = $200 + $ 100 = $300 ​

Answers

Answer:

2 months

Explanation:

Damian requires the first and last months rent = $1500

His monthly income is $1,300

The first month's expenses are $300 ( groceries, cable, and internet)

Possible savings from month one = $1000 ($1300 - $300)

To get $1500, Damian will need to save for two months.

What are the primary reasons why businesses should establish health and safety policies? Check all that apply.

to help maintain productivity
to protect the welfare of workers
to prevent the need for labor unions
to help maintain morale in the workplace
to improve the goods and services produced
to reduce costs for workers' compensation insurance​

please respond quickly. EDGE2021

Answers

Answer: To help maintain productivity, to protect the welfare of workers, to help maintain the morale of the workplace, to reduce the cost for workers’ compensation insurance

Explanation: I just completed the assignment

The primary reason, Businesses should establish health and safety policies were to help maintain productivity.

What is Business?

An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.

The health and safety policies help businesses: Prevent workplace injuries and illnesses. Improve compliance with laws and regulations. Reduce costs, including significant reductions in workers' compensation premiums.

The Research shows that workers are more productive in workplaces that are committed to health and safety. Reducing downtime caused by illness and accidents means less disruption.

Therefore, Thus option (A) is correct.

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3. Who was the first customer of mcdonald's and what was ordered?

Answers

Answer:

The main McDonald's eatery was begun in 1948 by siblings Maurice ("Mac") and Richard McDonald in San Bernardino, California. They purchased machines for their little cheeseburger eatery from sales rep Ray Kroc, who was fascinated by their requirement for eight malt and shake blenders.

Explanation:

Through a comparable company analysis for Alibaba, you determined a P/E ratio of 6.0x is appropriate to value the company. Based on this metric, what is the implied Enterprise Value of Alibaba? Review Later $740,366 $1,391,693 $1,055,792 $898,073

Answers

Answer:

$740,366

Explanation:

The computation of the enterprise value is given below:

P/E ratio = Market Capitalization ÷ Earnings

6 = Market Capitalization ÷ $149,680

Market Capitalization is

= 6 × $149,680

= $898,080

Now,

Enterprise Value = Market Capitalization + Market Value of Debt - Cash & Cash Equivalents.

= $898,080 - $157,714

= $740,366

Long Text (essay)
Journal: Please respond to the following:

Why do you think entrepreneurship is important to the economy?

Answers

Entrepreneurship is important for a number of reasons, from promoting social change to driving innovation. Entrepreneurs are frequently thought of as national assets to be cultivated, motivated, and remunerated to the greatest possible extent. In fact, some of the most developed nations such as the United States are world leaders due to their forward-thinking innovation, research, and entrepreneurial individuals.

Great entrepreneurs have the ability to change the way we live and work, on local and national bases. If successful, their innovations may improve standards of living, and in addition to creating wealth with entrepreneurial ventures, they also create jobs and contribute to a growing economy. The importance of entrepreneurship is not to be underappreciated

Entrepreneurship is important to the economy as they act as a support system in the growth of the economy.

What is entrepreneurship?

A person who has a strong interest in conducting business based on creativity and technology and who is willing to take risks in order to improve the lives of others is referred to as an entrepreneur. This is the process that is known as entrepreneurship.

The ratio of annual production to annual consumption, as well as the analysis of an individual's purchasing power, serve as the primary indicators of a nation's economic health.

By developing new goods and services, businesses encourage the creation of new jobs, which lowers the nation's unemployment rate and raises people's spending power, both of which has the net effect of speeding up economic growth.

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Saving for College. You want to create a college fund for a child who is now 3 years old. The fund should grow to $60,000 in 15 years. If an investment available to you will yield 6% per year, how much must you invest in a lump sum now to realize the $60,000 when needed? (Hint: Use Appendix A.2.)

Answers

Answer:

present value  = $25035.90

Explanation:

given data

future value = $60,000

rate = 6% = 0.06

time period = 15 year

solution

we get here present value that is express as

present value = [tex]\frac{future \ value}{(1+rate)^{time}}[/tex]     ........................1

put here value

present value = [tex]\frac{60000}{(1+0.06)^{15}}[/tex]  

solve it and we get

present value  = $25035.90

True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location.

Answers

true, it’s a good idea because it helps protect your home and other assets

A lot of people do buy special insurance for their homes.  Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location is a true statement.

Special insurance policy expressly are often made so as to offer a sure or verified form of protection in the event of some particular circumstances.

The business or property that one has would need own set of special insurance coverages for the unforeseen risks and it is better to take a special policy that is based on one's geographical location.

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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,

Answers

The answer would be D

The particular market segment your company is trying to sell your products or services to is your?

Answers

Answer:

Target market

Explanation:

Target market refers to the potential or existing customers that a business intends to sell its products or services. The target group is the group of people that a firm focuses on when creating its advertising messages.

A business identifies its target group through market research. The firm surveys the market to identify groups of people who are highly likely to buy its products and services.

Answer:

D

Explanation:

got it right on Edge

The process of locating, identifying, and attracting capable applicants is called?
a. selection
b. recruitment
c. hiring
d. employment

Answers

Answer:

B. Recruitment.

Explanation:

I already learned this.

List 2 ways in which constellations are used.

Answers

In Ancient times, constellations were used to create and track the calendar so they knew when to plant crops and harvest them. Constellations were also used for navigation and to help sailors travel across oceans.

Answer:

1) To find Stars

2) To tell the date.

Explanation:

1) Constiltions can be used to find stars. For example if you are looking for a speific star, constilations could help you find them. Some of the most  recognized constilatitons are Orion, Ursa Major/minor , and Scorpius.

2) Of course now days, we have calenders to keep track of the days. But in the past, people would use the stars to help the figure out the day, especially in ancient times. Now we have so much technology, that using the stars to treack the days, arent necesary, but in ancient times, it helped people figure out when they could plat their crops.

Which document describes a worker's employment experience, strengths, skills, education, and other qualifications?
A.

Resume
B.

Cover letter
C.

Referral
D.

Reference

Answers

Answer:

A. Resume

Explanation:

A resume is a document prepared by a job seeker to itemize their education qualification and work experiences. It is a formal document sent to a potential employer by a job applicant. The resume shows an applicant's qualifications for the position advertised.

A resume is usually sent together with a cover letter.

Answer:

It's A

Explanation: hope it helps ^w^

5. What laws exist between parents and children?

Answers

Parents have a legal right to custody their own child. Parents are legally required to support their minor children basically providing food, clothing, shelter, and basic care.

Who will the landlord decide to be more creditworthy and why?
Tomas because the ratio of his debt to income is less.
Jaina because she has had her job longer, which makes her look more stable.
Jaina because she has more credit cards available to her.
Tomas because he makes more money per month.

Answers

Answer:

(A)

Explanation:

Edg 2020

The landlord decide to be more creditworthy to Tomas because the ratio of his debt to income is less. Thus, option (a) is correct.

What is landlords?

The landlords own the land. The landlords' property is included in the rent. A landlord is anybody who rents out a property they own for a period of less than seven years through a lease or a license. The landlords security fees are advanced are called the moral hazard.

According to the landlord decide to be more creditworthy are the main reason was the ratio of his debt to income is less. The moral hazard of landlord  thinking the security risk, a person will not act in the right method towards that because it is a protected deposit. The creditworthy is high chances ratio of his debt to income is less.

As a result, landlord decide to be more creditworthy to Tomas because the ratio of his debt to income is less. Therefore, option (a) is correct.

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