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
21,761,492 questions answered
Popular Conversations
5. What is the correct order of the four steps of the writing ...
Weegy: A. revise. User: 6. The past tense of the verb drive is A. drove. B. droved. C. drived. D. driven.
7/31/2015 6:30:58 AM| 3 Answers
Mammals first appeared during the ______. a. Cenozoic ...
Weegy: Mammals first appeared during the TRIASSIC PERIOD.
7/30/2015 8:10:19 AM| 2 Answers
What is an example of adding energy to a substance and causing a ...
Weegy: A. heating a rock to make it hot User: A color change happens during an experiment mixing two liquids. Is ...
7/30/2015 12:32:38 PM| 2 Answers
Constantine was the first Christian ruler of Rome.
Weegy: CONSTANTINE was the first Christian ruler of Rome. User: A stele is an upright stone slab that is ...
7/30/2015 2:55:13 PM| 2 Answers
Write -2x 2(-5x 2 +4x 3) in standard form.
7/30/2015 3:10:48 PM| 2 Answers
Which of the following statements is true? Both photosynthesis ...
Weegy: Photosynthesis and cellular respiration are the two main processes performed by most living organisms to obtain ...
7/30/2015 4:56:50 PM| 2 Answers
4. Which one of the following word or words is an example of a ...
Weegy: A. Because User: 5. What is the simple subject of the following sentence? During the night, the frightened ...
7/30/2015 8:42:51 PM| 2 Answers
Weegy Stuff
S
1
L
Points 872 [Total 1383]| Ratings 1| Comments 862| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
L
Points 784 [Total 10318]| Ratings 3| Comments 734| Invitations 2|Offline
S
L
L
Points 364 [Total 8564]| Ratings 5| Comments 314| Invitations 0|Offline
S
Points 296 [Total 296]| Ratings 1| Comments 286| Invitations 0|Offline
S
Points 214 [Total 214]| Ratings 1| Comments 204| Invitations 0|Online
S
1
L
L
Points 83 [Total 8463]| Ratings 0| Comments 83| Invitations 0|Offline
S
Points 77 [Total 77]| Ratings 0| Comments 77| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 3| Comments 20| Invitations 0|Offline
S
Points 41 [Total 41]| Ratings 2| Comments 21| Invitations 0|Offline
S
Points 19 [Total 319]| Ratings 0| Comments 19| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.