Compounding interest means interest accrues _____.A. more quickly than simple interest


B. at the same rate as simple interest


C. more slowly than simple interest


D. at variable rates throughout the term

Answers

Answer 1
Answer: Simple interest = Principal amount x Interest rate x Term of deposit ( in years )
Compound interest is calculated on the principal and accumulated interest.
In real life compound interest is a factor in business.
Answer:
Compound interest means interest accrues A ) more quickly than the simple interest.
Answer 2
Answer:

Final answer:

Compounding interest accrues more quickly than simple interest. This is due to the fact that interest is calculated on the initial principal plus accumulated interest from prior periods. Thus, interest grows more rapidly compared to simple interest.

Explanation:

Compounding interest means interest accrues more quickly than simple interest. This is due to the fact that with compounding interest, the initial principal and the accumulated interest of prior periods are used to calculate the interest of the current period. For example, if you invest $1,000 at an annual interest rate of 5% compounded annually, after the first year, you will have $1,050. In the second year, interest will be calculated on $1,050, not the original $1,000. Consequently, the interest compounds or grows more quickly than it would under simple interest, which only calculates interest on the original principal.

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What best describes the difference between the great leap forward in china and industrialization in europe? workers in the great leap made steel, while european workers were given steel during industrialization. the great leap featured communes without machines, while european industrialization included factories. workers in the great leap forward were given steel, while european workers made steel during industrialization. the great leap forward featured factories, while european industrialization included communes without machines?

Answers

The difference between the great leap forward in China and industrialization in Europe is described as the great leap featured communes without machines, while European industrialization included factories. Thus the correct answer is B.

What is industrialization?

When an economy transforms from being agricultural to being based on the production of goods, this process is known as industrialization. A lot of times, assembly lines take theplace of artists and mechanical mass production replaces individual manual labor.

While European industrialization contained factories, the big leap included communes without machines. A quick shift from an agrarian to an industrial society was the goal of China's economic and social campaign known as the Great Leap Forward.

Therefore, option B is appropriate.

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The correct answer is:

B. The Great Leap featured communes without machines, while European industrialization included factories.

The sentence best describes the difference between the Great Leap Forward in China and industrialization in Europe.

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The Magnet Recognition Program for health care organizations is based on fourteen forces of magnetism related to five magnet model components. Which force of magnetism is assessed to review the structural empowerment of the organization?A. quality of care
B. quality improvement
C. interdisciplinary relationships
D. personnel policies and programs

Answers

Answer: Personnel policies and programs

Explanation:

 The personnel policies and the program is refers to the force of magnetism which is used to assess for reviewing the structural empowerment in an organization.

 The personnel policies and the programs basically provide an innovation environment where the staff in an organization are empowerment and develop their empirical qualities which include the improvement, knowledge and the innovation.

 According to the given question, the personnel policies and the programs are the structural empowerment of an organization that demonstrating the innovations in the health care organization.

 Therefore, Personnel policies and programs  is the correct answer.

One advantage of the lifo method is thatA.) an equal cost is assigned to each unit so net income doesn't fluctuate as much as with other methods
B.) flow of goods and flow of costs are the same
C.) it matches current selling prices and current costs
D.) ending inventory is valued at very old costs

Answers

the answer to the question is c 

The answer to your question is letter C. It matches current selling prices and current costs.

Jamal tried to apply for a mortgage. However, he was turned down for the loan because the loan officer noticed that he had made late payments to his credit card and he had not made payments on a loan. What questions should he have asked himself before deciding to buy a home

Answers

Answer:

The two questions that he must ask from himself are:

  • Do you have credit report?
  • Do you have good credit score?

Explanation:

The reason is that the banks are giving you money and are worried about whether or not you are going to pay them back or not. So they require some evidences whether the person has any credit report and good credit score which shows that the person will be worried to pay the bank and if he is not able to pay he find alternative as he is a responsible person. So these two questions assesses whether the person is capable to pay the mortgage.

Answer:

answer is Do you have a steady income and stable job?

hope it helps!

Explanation:

When Martie engages a person in conversation to find out for himself if the potential exists for a rewarding relationship, he is engaging a(n): Passive strategy Active strategy Interactive strategy Conversational principles?

Answers

When Martie engages a person in conversation to find out for himself if the potential exists for a rewarding relationship, he is engaging a CONVERSATIONAL PRINCIPLES.

Conversational principle or Cooperative principle describes how people interact towards one another while having a conversation.

Paul would like to spend $700 on a vacation. He will sell some of his stock to pay for the vacation. If the stock is worth $32 per share, how many shares will Paul need to sell?

Answers

At least 22 shares should be sold