John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If john pays back exactly $120, then the interest was.

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Answer 1

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of time

Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

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Related Questions

48. Although SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded
SellSmart would be classified as an agent or broker.

True or False


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Since SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded, it's an agent or broker. Therefore, it's true.

It should be noted that an agent is an individual that's licensed to sell property while a broker is an individual that's licensed to own their own real estate firm.

An agent or broker brings the buyer and the seller together and helps in negotiating a sale but doesn't take title to goods. Since SellSmart performs this function, it's an agent or broker.

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Distinguish between Economic and Non-economic activities on the
basis of
(i) Purpose
(ii) Outcome

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The difference between economic and non-economic activities can be drawn clearly on the following grounds:

An activity related to production and consumption of goods and services for economic gain is known as economic activities. An activity performed gladly, with the aim of providing services without any regard to monetary gain is known as the non-economic activity.Economic activities are performed for economic motive, i.e. earning profit. On the other hand, non-economic activities are performed due to social or psychological reasons, i.e. out of love, affection etc.The measurement of economic activities is in monetary terms, whereas non-economic activities lack money measurement.Economic activities have a pragmatic approach, in essence, it deals with things in a practical way. As against this, non-economic activities have an idealistic approach wherein more importance is given to human values instead of money.Economic activities result in creation and accumulation of wealth as they are done to earn profit. Unlike non-economic activities which result in mental satisfaction and happiness.Economic activities are very important for the economy as they add value to the country’s gross domestic product (GDP). As opposed to non-economic activities, which have no influence over country’s national income.

an assessment of costs and benefits inevitably involves

Answers

Value judgments and factual uncertainties

Earnings per share (EPS) equals ______ divided by the average shares of common stock outstanding. (Assume no preferred stock has been issued.) Multiple choice question. Revenue Operating Income Retained Earnings Net Income

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With the issuance of preferred stock, Earnings per share (EPS) equal D. Net Income divided by the average shares of common stock outstanding.

If the company issues preferred stock, the preferred dividend is deducted from the net income before the computation of the EPS. In such a situation, the Earnings per share becomes the Net Income after the deduction of preferred dividend divided by the average common shares outstanding.

Thus, the Earnings per share without preferred dividend equals D.

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Fe2O3 + 3 CO → Fe + 3 CO2

Answers

Answer:

product 2FeO3+3CO2

Explanation:

Identify what is needed to calculate the P/E ratio. (Check all that apply.) Multiple select question. Return on equity Average stockholders' equity Earnings per share Common stock dividends declared Stock price

Answers

The computation of the P/E (Price/Earnings) ratio requires C. Earnings per share and E. Stock price.

The Stock price is the current market price per share of the company's stock. The Earnings per share (EPS) is the net income (less preferred dividend) divided by the number of outstanding common stock shares.

Thus, the P/E ratio computation requires C and E.

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jana has agreed to borrow $4,000 through a Subsidized Direct Loan to pay her freshman tuition. When she receives the loan, how much will she get

Answers

Answer: $3,957.64

Explanation:

All Direct Loans have a 1.059 percent fee which is deducted from the amount of the loan, up front. This means that Jana's fee is $42.36 ($4,000 x .01059). Therefore, she will only receive $3,957.64.

Need help with now/ASAP!

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Answer:

You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

Which statement is true about the circular flow diagram of an economy?.

Answers

The statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.

The circular flow diagram is an economic model that entails the flows of money and goods exchanged in the closed circuit which run in the opposite direction.

Hence, the statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.

Therefore, the Option A is correct.

Missing word includes "A The market for goods and services connects household spending to government spending.  B The market for factors of production connects household spending to goods produced by firms. C The market for factors of production connects spending by firms to household income. D The market for goods and services connects labor income to firms as employers. E The market for goods and services connects labor income to household spending."

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how many words can the average listener process per minute

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Answer:

800 words per minute

Explanation:

he average rate of speech for an American is about 125 words per minute; the human brain can process about 800 words per minute.

Which media outlet is a good choice for grocery and fast food advertisements because many consumers decide what to buy while enroute to the store

Answers

Answer: Radio

Explanation:

software is used to play, create, and modify audio and video files.

Answers

If you are asking if this is true it is

The accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to Depreciation Expense and a credit to Accumulated Depreciation. As a result of this entry, assets and stockholders' equity will be ______. Multiple choice question. unaffected by the entry understated decreased overstated

Answers

As a result of the entry that was made by the accountant, assets and stockholders' equity will be decreased.

From the information given, it should be noted that an accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to depreciation expense and a credit to accumulated depreciation.

Since there's a credit to the accumulated depreciation, it should be noted that there will be a reduction in the assets and the stockholders equity.

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which policy tools are considered automatic stabilizers?

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In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;

A progressive income tax structure Government unemployment benefits

At times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.

They help to increase the flow of money in the economy when it is passing through difficulties like recessions.

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Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss

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Based on current tax laws, the character of this loss is $50,000 ordinary loss and $202,000 capital loss.

Tax laws stipulate that when it comes to losses from section 1244 stock, $50,000 is the maximum that can be stipulated for losses to a single person with the rest being treated as capital loss.

This means that $50,000 will be stipulated as ordinary losses here and the capital loss will be:

= 252,000 - 50,000

= $202,000

In conclusion, $50,000 is ordinary loss and $202,000 is capital loss.

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Daffy Duct, Inc. issued 10,000 shares of $1 par value common stock at $5 per share. The effect of this transaction on the accounting equation includes a ______. (Check all that apply.) Multiple select question. $50,000 increase in total assets. $50,000 decrease in total stockholders' equity. $10,000 increase in total assets. $50,000 increase in total liabilities. $10,000 increase in total stockholders' equity. $50,000 increase in total stockholders' equity.

Answers

The effect of this transaction on the accounting equation includes a:

$50,000 increase in total stockholder's equity, $50,000 increase in total assets.

The above means that Daffy Duct received $50,000 cash in exchange for ownership in common stock (10,000 shares at $5 each).  

Asset is what the company owns, while Equity (the difference between assets and liabilities or what it owes to the owners)

In the light of the above ,there is an increase in assets and increase the stockholder's equity.

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In general, how do federal laws protect employee benefits?

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Answer: They make sure employees get fair pay.

Explanation: Brainliest please

________ is the only element in the marketing mix that produces revenue.

Answers

Pricing is the one and only element of the marketing that helps in revenue generation.

What is pricing?

Pricing is a process, which helps in determining the true and fair value of a product or a service that is being offered for sale in the market. At such determined price, the consumers buy such goods or services.

No other element in marketing mix involves revenue generation, as only pricing can bring the inflow of cash in an organization from the buyers in the market as such.

Hence, pricing element of the marketing mix produces revenue for the firm.

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culture and tradition can have the greatest impact on marketing strategy, and changes might need to be made at the product level based on cultural ______.

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The major influence which impacts the changes in marketing strategy based on culture and tradition is as a result of cultural:

Differences

According to the given question, we are asked to state the major influence which impacts the changes in marketing strategy based on culture and tradition.

As a result of this, we can see that cultural differences exist between different cultures and as a result of this, a marketing manager would be able to make a variation in the marketing strategy based on these cultural differences.

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a country opens to trade. if the world price of a good exceeds the domestic price, the result will be:

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Based on macroeconomic theory, a country opens to trade. If the world price exceeds the domestic price, the result will be export.

This is because it is beneficial or advantageous for a country to export its goods when the world price exceeds the domestic price.

This implies that the country's export goods will be cheaper than the world price of such goods.

In turn, other countries would demand their goods because of lower prices, thereby promoting more exportation of such goods.

Hence, in this case, it is concluded that the correct answer is export.

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supportive, value-based, and work facilitation are examples of the ________ element in house’s revised path-goal leadership model.

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Based on the components of the path-goal leadership model, supportive, value-based, and work facilitation are examples of Leadership behaviors elements in the House’s revised path-goal leadership model.

The other significant elements in House's revised path-goal leadership model include the following:

Follower's characteristics;Task Characteristics.

House R.J was 1971 started these elements in his work titled "A Path-Goal Theory of Leader Effectiveness."

These elements define a different aspect of effective leadership.

Hence, in this case, it is concluded that the correct answer is "Leadership behaviors."

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All of the brands that Miguel can easily call to mind for laundry detergents, whether he would consider buying them or not, comprise his ______ set. Multiple choice question. retrieval predetermined universal evoked

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The ability of Miguel to recall those brands of detergent is known as Retrieval set in marketing.

In marketing, the term "Retrieval set refers to series of brands that a consumer can recall from their memory whether they are making purchase or not".

Here, Miguel can easily call to his mind different brand of laundry detergents whether he is considering buying them or not.

The ability to recall those brands is known as Retrieval set in marketing.

Therefore, the Option A is correct.

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Why is it important to explain the objectives and procedures of a research project both to current and future decision makers in a company

Answers

It is important to explain the objectives and procedure of an investigation because this directly impacts the decisions that the company can make.

Companies generally research to improve their products or market research to target their products to a target audience.

When these investigations are carried out, they are always done to improve productivity, sales, and the quality of the company. Therefore, if an investigation focused on the quality of a product is carried out, the process and objectives must be shared so that the investigation impacts the improvement of the company.

For example:

When a bicycle company researches to make the design of the bicycle lighter and more aerodynamic, it can be inferred that the objective of this research is to improve the product and the procedure is through the study and experimentation of the bicycle in different controlled environments.

This will cause the company's decision-makers to promote its new model and invest more in advertising and technology development to improve the product.

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How long does a lender have to fix their net worth if they notify the FL-OFR before the shortage occurs?

Answers

According to the established standards and practices, a lender would have to use 120 days to fix their net worth if they notify the FL-OFR before the shortage occurs?

FL-OFR is an acronym for the Florida Office of Financial Regulation.

FL-OFR has three divisions which is headed by the commissioner.

FL-OFR regulates financial activities like consumer finance, financial institutions, securities, etc.

Hence, in this case, it is concluded that the correct answer is "120 days."

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Nicole is the Executive Director of a local food bank and is assessing the financial situation of her not-for-profit organization. Nicole uses a(n) ________ to determine whether revenues from contributions and other sources will cover operating costs.

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Nicole, who is assessing the financial situation of her not-for-profit organization an income statement to determine whether revenues from contributions and other sources will cover operating costs.

An income statement is a financial document that shows the income and expenditure of an organization over a period of time.

It helps the organization to know whether they are making a profit or incurring losses.

So, for Nicole to determine whether the revenue of the organization will cover operating costs, she needs to use the income statement.

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identify the early developments in europe as having either contributed or not contributed to the rise of industrial wage labor.

Answers

Some developments that contributed to the increase in salaried work in Europe were:

Factory growthDevaluation of agricultural and manual workDisplacement from rural to urban areas

Industrialization in Europe was a process that began in the 18th century with the industrial revolution. This event was promoted by some social, economic and cultural aspects that allowed the overcrowding of the industry such as:

Factory growth: Factory owners increased the supply of products and people increased the demand for which it was necessary to found new factories and hire more salaried labor.

Devaluation of agricultural and manual work: With the development of machines, products produced manually were devalued because it was more profitable to manufacture large quantities of a single product with the help of machines than in the traditional way. This caused many artisans to be employed in the factories.

Displacement: When agricultural work stopped being profitable for many families, they had to emigrate to the big cities and work in industrial factories to survive.

Note: This question is incomplete because the options are missing. However, I can answer it based on my prior knowledge and general knowledge.

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If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internationalization strategy

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If Amazon enters the Japanese online market by translating its U.S. website into Japanese, the strategy used is the meganational strategy.

A meganational strategy is an international strategy that focuses on reaping cost reductions through the economies of scale. It's a strategy that's used in seeing the world as one big national market.

Since Amazon enters the Japanese online market by translating its U.S. website into Japanese, then the strategy that is used is the meganational strategy.

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Why is it important to have leadership skills in a business?:​

Answers

Answer:

It is important to have leadership skills in a business because you know what you are suppose to be doing and how you suppose to be doing by others in a business. Moreover, because it take leadership to keep everything in order like it should be in a business.

Explanation:

Leaders are invaluable when it comes to leading peers in a new direction . Especially when motivating peers and communicate

Do you think it is fair for dealers to charge you more for a car they pay the manufacturer

Answers

Answer:

I dont think they should charge more

Explanation:

Answer:

In my opinion, No,

But this occurs only when demand is so high that dealers aren't struggling to make a sale, and it generally indicates that an MSRP is too low. In the rare case that dealers can't restock a particular vehicle fast enough, it's perfectly legal (and a savvy business decision) to charge more than the MSRP.

I hope this helps.

A major goal of the Social Security Act of 1935 was to provide WHICH of the following guaranteed?
A. Medicare
B. Education
C. Income
D. Automobile Care

Answers

the answer is b i think
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What is a compound sentence? (1 point) O a sentence with two independent clauses and no dependent clauses O a sentence with two dependent clauses and no independent clauses a sentence with one independent clause and one dependent clause O a sentence with no dependent clauses product of the polynomial 5x3 + 9x2 + 6x + 1 and the monomial x ? Which equation can be solved to find x, the measure of BD in the diagrambelow?C53ABDE2330O A. *- 53 = 233B. }(233 + x) = 53C. (233 - x) = 53D. x+ 53 = 233= PLSSS HELP ME FASTTT !! Briefly describe the experience of a typical immigrant coming to the United States between 1880 and 1920. What consumer protection agency is known by the acronym SEC? a. Safe Expansion Commission b. Society of Economical Consumers c. Stock Exchange Control d. Securities and Exchange Commission. Fill in the blank with the correct answer.Question 1 options:1) options2) view3) selection4) history5) navigate1. The ______ panel records user operations and can be used to reverse changes made to an image.2. The ______ panel is used to pan an image and zoom in and out3. The ______ bar displays options available for selected tool.4. The Actual Size and Fit Screen options are available in the ______ menu.5. The Lasso, Marquee, and Wand tools are examples of ______ selection tools. How is real life fingerprinting different from the techniques used on CSI? Genes from genetically modified corn frequently move to non-genetically modified corn plants because of outcrossing. This is a major concern to ______. Multiple choice question. transgenic crop manufacturers because outcrossing can lead to loss of introduced genes from transgenic plants herbicide manufacturers because of the potential for the evolution of super weeds organic farmers, whose fields are close to transgenic corn, because transgenic crops cannot be certified as organic 2. Alex pulls on the handle of a claw hammer with a force of 15 N. Ifthe hammer has a mechanical advantage of 5.2, how much forceis exerted on the nail in the claw? The amount of carbon dioxide absorbed by plants has doubled over the last 50 years. While this increase could have been caused by a growth in the number of Earths plants, what other explanation does the article offer? what three unlikely foods were probably eaten at the first thanksgiving? The product of 6 and the sum of a number and 3 is 60 Read the passage from chapter 7 of Animal Farm.As Clover looked down the hillside her eyes filled with tears. If she could have spoken her thoughts, it would have been to say that this was not what they had aimed at when they had set themselves years ago to work for the overthrow of the human race. These scenes of terror and slaughter were not what they had looked forward to on that night when old Major first stirred them to rebellion. If she herself had had any picture of the future, it had been of a society of animals set free from hunger and the whip, all equal, each working according to his capacity, the strong protecting the weak, as she had protected the lost brood of ducklings with her foreleg on the night of Major's speech. Insteadshe did not know whythey had come to a time when no one dared speak his mind, when fierce, growling dogs roamed everywhere, and when you had to watch your comrades torn to pieces after confessing to shocking crimes.Which details best support the idea that the farm is a symbol for Russia under the rule of the Communist Party? Select two options.as Clover looked down the hillsidethese scenes of terror and slaughterif she herself had had any picture of the futurehad protected the lost brood of ducklingscome to a time when no one dared speak his mind what were some important places in the oregon territory? Choose the right family member:Le frre de ma sur Mon neveu Mon frre Mon cousin Mon oncle What are the chances you doing this geomtry plz help 15 points you have a goal to sell 100 tickets to a school pizza party if you only completed 50 percent of your goal , did you sell more or fewer than 100 tickets ? 1 is the additive identity of any real number True or False Managers, across industries, spend about _____% of their time in verbal interaction. Group of answer choices 25 33 50 95 75