Answer:
1,800
Explanation:because
$30000*0.06=$1,800
The amount of interest paid is $1,800. Thus, option second is correct.
What is Simple Interest?Simple interest is defined as the amount of interest paid on a specific principal amount at a given rate of interest. Compound interest, on the other hand, is the interest computed on the principal and interest accrued during the preceding month.
Borrowers may get a rough estimate of borrowing costs by using simple interest. Auto loans and short-term personal loans are often interest-only loans. Simple interest does not need the calculation of compound interest.
Given that,
Amount = $30000
Years = 5
Interest = 6 %
Amount to be paid every year can be computed with the help of the following formula:-
Total amount = Amount * Years * Interest / 100
Substituting the values in the above formula,
Total amount = 30000 * 5 * 6 / 100
= 90000/100
= $9000
Hence, the interest paid for one can be calculated as follows:-
Interest amount for each year = 9000 / 5
= $1800
Therefore, $1800 is the interest amount paid for each year. Hence, option second is correct.
Learn more about Simple Interest here;
https://brainly.com/question/25845758
#SPJ2
Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."
Answer:
Closing entry for closing net profit / net loss for the year ended
Explanation:
In case of net profit, for the year ended closed -Profit & Loss a/c .. dr
to Capital ac
{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}
In case of net loss, for the year ended closed -Capital a/c .. dr
to Profit & Loss ac
{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}
please help me
Part 1: Educational Costs
1. What is your top career choice?
2. Using the Occupational Outlook Handbook, what are the educational requirements for
that career? Include information about the type of degree or certification needed (if
applicable)
3. After reading the lesson, conducting your own research, and talking with family, how do
you plan to finance your future education?
4. What is the estimated cost of training or future education to achieve your career goal?
To determine this cost, research institutions you could attend and their associated costs
by visiting the College Navigator link.
5. Why is it important to think about these financial costs now?
Answer:
This is supposed to be based on your own opinion
Explanation:
If you get into a car accident, your___________ may increase because you will be considered riskier for insurance companies to cover
A. Car loan payment
B. Insurance premium
C. Taxes
D. Claims adjustment
Answer:
B. Insurance premium
Explanation:
If you get into a car accident, your Insurance premium may increase because you will be considered riskier for insurance companies to cover. Thus, option B is correct.
What are companies?A corporation is a legal body formed by a number of people to conduct and manage a business entity, whether it be commercial or industrial. An organizational model that will work as an individual representative and not in a collective manner.
As you already must be paying some amount of insurance premium, that premium will help you pay for the damage that has occurred this time. but still, when you next time may have a plan, they will increase the insurance premium.
After the accident, you have shifted from a lower-risk person to a higher-risk person. Therefore, option B is the correct option.
Learn more about insurance companies, here:
https://brainly.com/question/28138446
#SPJ6
last week where you work you sold 356 apples and lost 24 because they expired. the store paid $0.79. what profit did the store make on apples last week ?
Answer:
$1.50 is the correct answer to the question
Explanation:
Your older sister, Anna is trying to figure out how she's going to pay for college in the Fall. Anna is going over her options with you one night and she narrows it down to either putting her college education on your parents’ credit card or taking out a student loan. Which one would you suggest and why?
Answer:
They should take a student loan it less risky cause you will need to pay way more money if you do a credit card but a student loan they make a price and keep it that way till you pay them
They should take out a student loan since it is less dangerous than using a credit card, which requires more higher payments. With a student loan, the price is set up front and remains that way until you pay the lender.
What is the cheapest way to get a student loan?Among undergraduate and graduate student loan options, federal direct subsidized loans are the cheapest and most flexible. Only undergraduate borrowers with financial need as determined by the information in the Free Application for Federal Student Aid, or FAFSA can get subsidized loans.How much can I get in a student loan?If you are an undergraduate student, the maximum amount you can borrow each year in Direct Subsidized Loans and Direct Unsubsidized Loans ranges from $5,500 to $12,500 per year, depending on what year you are in school and your dependency status.What type of student loan should I get?If you're unsure what type of loan to choose, a good rule of thumb is to pick one that offers a low interest rate, multiple repayment options and borrower protections. A federal direct loan checks all of those boxes and is a good place to start.Learn more about student loan here:
https://brainly.com/question/16724065
#SPJ2
components of marketing environment?
Answer:
It consists of six components: the demographic, economic, physical, technological, political-legal, and social-cultural environments.
Explanation:
Hope this helps!
Please mark me as Brainlineast.
A Purchasing Specialist is sometimes referred to as what? Select all that apply *
Purchasing Agent
Purchasing Manager
Procurement Manager
Buyer
[tex]\text{Hello there!}[/tex]
A Purchasing Specialist is sometimes referred as a [tex]\bold{Procurement Manager.}[/tex]
This is because they're responsible for purchasing/procuring supplies.
They relatively have the same roles, however, occasionally referred to by different names.
[tex]\text{The job of the}[/tex] [tex]\bold{Purchasing\;Manager}[/tex] [tex]\text{\;is to purchase supplies for the company.}[/tex]
[tex]\text{For example, purchasing lettuce for a}[/tex] [tex]\bold{fast\;food\;restaurant.}[/tex]
[tex]\text{The job of the\;}[/tex] [tex]\bold{Purchasing\;Agent}[/tex] [tex]\text{is to buy supplies that the company needs.}[/tex]
[tex]\text{The job of the}[/tex] [tex]\bold{Procurement\;Manager}[/tex] [tex]\text{has the same responsibilities as the}[/tex][tex]\bold{Purchasing\;Manager.}[/tex]
Therefore, all of the possible referred answers are going to be correct.
The only differences are going to be the names.
[tex]\rule{300}{1.0}[/tex]
Principles that help define appropriate behavior in a business setting are?
A business ethics
B business regulations
C corporate culture
D morals
Answer:
A business ethics
Explanation:
Business ethics provide the moral principles that guide the way a business and its people conduct themselves while transacting. They are the rules that a business should follow while conducting business transactions. Through business ethics, a company is able to formulate standards that regulate employee conduct. Standards make it possible to distinguish what is acceptable or wrong when engaging with customers.
Which of the following regulates the International Monetary Fund?
a. un
b. international bankers association
c. u.s
d. international finance committee
Answer:
A. UN
Explanation:
The International Monetary Fund (IMF) is an international organization that aims to promote monetary cooperation, secure financial stability, make international trade easier, increase employment, and reduce poverty. It consists of 190 countries, and its headquarters are located in Washington, D.C. Along with the World Bank, the IMF is a part of the United Nations system. This means that it's regulated by the UN.
What is the difference between division of labour and specialisation?
Answer:
Specialization refers to an individual while division of labor is social or refers to society (the aggregation of individuals). Division of labour is the separation of the production process into different operations, from intellectual to manual, from each process in a production line, from country to country, etc.
Homeowners typically pay property taxes to
reduce the amount of their mortgages.
avoid having to make a down payment.
help finance state and local governments.
help finance the campaigns of politicians.
Answer:
C. help finance state and local governments.
Explanation:
Property tax payments from homeowners normally go toward funding state and municipal governments. Option (C) is hence the appropriate response.
What is meant by a Property tax?The term "property tax" refers to an ad valorem tax on the value of a property, and its rate is typically represented as a percentage or per mille.
The governing body of the area where the property is located is in charge of imposing the tax. Depending on the context, this might refer to a municipality, a county, a federated state, or the federal government. One property may be subject to taxation by many countries.
Real estate commonly faces a property tax. Annually or during a real estate transaction, such as with real estate transfer tax, it may be levied.
Learn more about property taxes, from :
brainly.com/question/30757120
#SPJ5
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry? A. monopolistic competition B. perfect competition C. monopoly D. oligopoly
Answer: the answer to your question is D) oligopoly
Explanation:
Answer:
it's D. oligopoly
Explanation:
Oligopoly is a market structure where only a few large firms control a major share of the market.
What types of insurance is David likely to get through his employer?
David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s (Blank)
insurance covers prescription drugs and immunizations. David will also be receiving (blank) insurance at no cost from his employer.
1. casualty, health, life
2. automobile, disability, renters
Answer:
1. health 2. disability
Explanation:
Answer:
health & disability
Explanation:
Your mom gets paid on the 15th of every month, but she’s running low on cash. Your brother’s birthday is coming up on the 10th and she needs to buy him a few more gifts. Should your mom use her debit card or credit card in this situation? explain
Answer:
The mom should use the debit card and get for him what she can cause If she doesn't have enough she is going too need to pay the government the money she took out
The mother should use the debit card and get for him what she can cause if she doesn't have enough she is going to need to pay the government the money she took out.
What is a debit card?A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term plastic card includes the above and as an identity document. These are similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.
Some debit cards carry a stored value with which a payment is made, but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on the Internet and there is no physical card.
This is referred to as a virtual card.
Learn more about debit, here:
https://brainly.com/question/12269231
#SPJ3
How can you take effective notes during a classroom lecture? Check all that apply.
Write down everything I hear.
Use the Cornell method.
Listen for keywords.
Pause to take notes when needed.
Write down notes without pausing.
Sit where I can see the speaker.
Answer:
bcdf
Explanation:
Create your own buy and sell stock problem
Answer:
The cost of a stock on each day is given in an array, find the max profit that you can make by buying and selling in those days. For example, if the given array is {100, 180, 260, 310, 40, 535, 695}, the maximum profit can earned by buying on day 0, selling on day 3. Again buy on day 4 and sell on day 6. If the given array of prices is sorted in decreasing order, then profit cannot be earned at all.
Explanation:
think about a piece of fruit that you recently purchased. list the natural, labor, and capital resources needed to get it to you
Answer: Typically shipping fresh fruit or shipping fresh produce involves a few different steps which can slow down productivity. For example, fruits are loaded into a corrugated box then added to a pallet, then shrink wrap is added or banding is used to keep the boxes on the pallet.
Explanation:
Which beat defines a service?
Answer:
A service is basically a action of helping or doing work for someone.
Explanation:
What is the typical education level needed for an Advertising, promotions or marketing manager position?
Question 5 options:
High school diploma only
Bachelor’s degree
Doctorate degree
No degree necessary
Answer:
Kristina look at my new question thats the new chat
Explanation:
Answer:
bachelor’s degree
Explanation:
fatima41777 why are you rude
Answer:
?
Explanation:
What type of financial institution is the primary source of loans for businesses?
Answer:
The answer to your question is a bank
Work and/or assignments performed in a career are _____.
A.) tasks
B.) values
C.) interests
D.) employees
(please help :D)
Answer:
b. task
Explanation:
The assignments which are actually performed in a given career is known as Tasks option(a) is correct.
What is a career?A career in simple words we can say that it is known to be an occupation or a profession which actually undertakes for a longer period of the time which gives monetary benefits over a period of the time.
Career is usually one person choose to do because it is known to be his/her purpose of choosing a right path over a period of the time.
Therefore Option(a) is correct.
Learn more about Career here:
https://brainly.com/question/2160579
#SPJ2
this is due at 12. please help me
who do u guys think is going to win the election
Answer:
biden!
Explanation:
Answer:
Me!!!!!!!
Explanation:
jk biden won
Is profit the same as cash flow?
Answer:
No
Explanation:
Cash flow refers to the money that flows in and out of your business. It's income and expenses.
Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.
Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.
The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months. The correct option is D.
What is the importance of sales forecasting?A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.
Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.
Thus, the ideal selection is option D.
Learn more about sales forecasting here:
https://brainly.com/question/28478878
#SPJ2
Answer:
option d
Explanation:
it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months
What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application
Answer:
A
Explanation:
because they are good
When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.
constructive criticism
verbal warning
destructive criticism
discipline
Answer:
conatructive critcism
Explanation:
they are critisming you so you can do better
everyone here is a pleb
Answer:
no no no no no no no no no no no
Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.
