Question and answer
Explain to the client the main differences between simple interest versus compound interest.
Simple vs compound interest is not hard to understand Basically, simple interest is interest paid on the original principal only For example,4000 dollars is deposited into a bank account and the annual interest rate is 8%. [ However, coumpound interest is the interest earned not only on the original principal, but also on all interests earned previously In other words, at the end of each
year, the interest earned is added to the original amount and the money is reinvested ]
Expert answered|AwesomeGuy200|Points 1062|
Question|Rated good
Asked 6/26/2012 3:25:52 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
which methods you would use to transport Caster guitars from Mexico?
Weegy: For safety purposes you must store them in their safety case and wrap them with LDPE to prevent anyone from opening or looking at the case. (More)
Question
Expert Answered
Asked 6/22/2012 6:51:26 PM
0 Answers/Comments
which method of transportation is cheaper water or train and why
Weegy: Buses remain the cheaper mode of transport (More)
Question
Expert Answered
Asked 6/22/2012 7:07:58 PM
0 Answers/Comments
What methods you would use to transport Caster guitars from Asia?
Weegy: You must store them in their own case, and wrap them with LDPE to prevent anyone from opening the case. Surely at the airport you can ask for indications. (More)
Question
Expert Answered
Asked 6/22/2012 7:39:09 PM
0 Answers/Comments
define and discuss the differences between accounting and financial management.
Weegy: Accounting is a system that provides quantitative information about finances. [ [ The management of the finances of a business / organisation in order to achieve financial objectives Taking a commercial business as the most common organisational structure, the key objectives of financial management would be to: ? Create wealth for the business ? Generate cash, and ? Provide an adequate return on investment bearing in mind the risks that the business is taking and the resources investe ] (More)
Question
Expert Answered
Asked 6/22/2012 9:18:59 PM
0 Answers/Comments
accounting and financial management is one more important than the other
Weegy: Financial accounts describe the performance of a business over a specific period and the state of affairs at the end of that period. The specific period is often referred to as the "Trading Period" and is usually one year long. [ The period-end date as the "Balance Sheet Date" Management accounts are used to help management record, plan and control the activities of a business and to assist in the decision-making process. They can be prepared for any period (for example, many retailers prepare daily management information on sales, margins and stock levels). For more @ ] (More)
Question
Expert Answered
Asked 6/22/2012 9:55:42 PM
0 Answers/Comments
19,760,389 questions answered
Popular Conversations
Simplify 8(x + 6) - 10 User: Simplify 8(R + 6) - 2R. User: Simplify ...
Weegy: The answer is x^2 User: Simplify 12 + 3(2x - 3) + 4. Weegy: 12 + 3(2x - 3) + 4. = 12 + 6x - 9 + 4; = 6x + ...
3/3/2015 12:14:01 PM| 14 Answers
t Object]User: Write 5,000,039 in scientific notation. User: Find ...
Weegy: Here are some characteristics of grace and forgiveness: patience, kindness, mercy, unconditional love, empathy, ...
3/3/2015 11:59:55 AM| 8 Answers
The sum of the interior angles of a quadrilateral equals 360°.
Weegy: The sum of the interior angles of a quadrilateral equals 360 . This is TRUE. User: An exterior angle of a ...
3/3/2015 7:02:05 AM| 5 Answers
Simplify (-7/8)(-3/4).
Weegy: (-7/8) * (-3/4) = 21/32; User: Simplify (3/10)(-5/9). Weegy: (3/10) * (-5/9) = -15/90; = -1/6 User: ...
3/3/2015 9:37:06 AM| 5 Answers
What is the midpoint of a segment whose endpoints are (14, 7) ...
Weegy: The midpoint of the line segment whose endpoints are (3, 10) and (7, 8) is: (-2, 5). M = [(x2 + x1)/2] , [(y2 + ...
3/3/2015 10:30:58 AM| 5 Answers
Evaluate 5x3 + 2 for x = -1.
Weegy: 5(-1)^3 + 2 = -5 + 2 = -3 . which is B User: Simplify 9 - {x - (7 + x)}. User: Simplify 6r · s · 4rt. ...
3/3/2015 12:50:12 PM| 4 Answers
Which of the following equations is the translation 2 units up of the ...
Weegy: The following equation that is the translation 2 units down of the graph of y = |x| is y = |x| - 2. User: If ...
3/3/2015 9:03:04 AM| 3 Answers
Simplify 7(A - 6). User: Simplify 0.05x + 1.02x. User: Simplify ...
Weegy: b(a + b) - a(a - b) = ab + b^2 - (a^2 - ab) = ab + b^2 - a^2 + ab = 2ab + b^2 - a^2 User: Simplify 10x - 3x ...
3/3/2015 10:41:26 AM| 3 Answers
Simplify 6(x + 4). User: Simplify 12A + 2 + A - 1. User: Simplify ...
Weegy: If you Factor 2n+4, the answer would be 2(n+2).
3/3/2015 10:45:11 AM| 3 Answers
Which of the following values is farthest to the left on the number ...
Weegy: The value farthest to the left on the number line is 2. User: Find the value of 21 + 4(32 - 5). Weegy: 3-3 ...
3/3/2015 12:37:15 PM| 3 Answers
What is the equation of the line that passes through (4, -1) and (-2, ...
Weegy: y = (-2/5)x - 2 User: What is the equation of the line that passes through (-3, -1) and has a slope of ? ...
3/3/2015 3:06:50 PM| 3 Answers
Having a realistic pride in one’s abilities, accomplishments and ...
Weegy: Having a realistic pride in one s abilities, accomplishments and goals is known as Self-efficacy User: 'A ...
3/3/2015 12:28:10 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 193 [Total 8079]| Ratings 0| Comments 193| Invitations 0|Offline
S
1
L
L
Points 52 [Total 7553]| Ratings 0| Comments 52| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 31 [Total 7338]| Ratings 0| Comments 31| Invitations 0|Offline
S
1
Points 23 [Total 934]| Ratings 0| Comments 23| Invitations 0|Offline
S
Points 22 [Total 390]| Ratings 0| Comments 22| Invitations 0|Offline
S
Points 16 [Total 107]| Ratings 0| Comments 16| Invitations 0|Offline
S
Points 11 [Total 127]| Ratings 1| Comments 1| Invitations 0|Offline
S
Points 10 [Total 10]| Ratings 1| Comments 0| Invitations 0|Online
S
Points 10 [Total 240]| Ratings 1| Comments 0| Invitations 0|Offline
S
1
L
Points 2 [Total 3160]| Ratings 0| Comments 2| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.