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
17,494,657 questions answered
Popular Conversations
He was arrested for A. misogyny. B. bigamy. C. philanthropy. D. ...
Weegy: He was arrested for: BIGAMY. User: A neurotic is suffering from A. neurasthenics. B. neurosis. C. ...
9/22/2014 5:30:20 PM| 4 Answers
El Niño occurs every 2 to 12 years.
Weegy: El Niño occurs every 2 to 12 years. This is true.
9/22/2014 4:30:12 PM| 3 Answers
What is the value of p – (–3.5) when p = 8.2? User: What value of x ...
Weegy: –7.12 = –4.8 + x -7.12 = -4.8 + (-2.4) x = -2.4
9/22/2014 6:03:27 AM| 2 Answers
A system of two linear equations has no solution. How is this ...
Weegy: A system of two linear equations has an infinite number of solutions if B. The two equations are the same line. ...
9/22/2014 8:57:21 AM| 2 Answers
Find the equation of the line through the point (–2, –2) that is ...
Weegy: The slope of the line that is perpendicular to the line whose equation is 2x + y = 4 is 1/2. User: Two ...
9/22/2014 10:16:53 AM| 2 Answers
Which sentence below has the subordinate clause underlined? A. In ...
Weegy: Please indicate the underlined part in the sentence. So we can answer your question. User: Which of the ...
9/22/2014 10:24:45 AM| 2 Answers
Select the correct pronoun. The people _____ arrived late had ...
Weegy: A demonstrative pronoun represents a thing or things: 1. near in distance or time (this, these) 2. far in ...
9/22/2014 10:34:55 AM| 2 Answers
In order to save fabric for the war, most men wore a
Weegy: In order to save fabric for the war, most men wore a "victory suit" User: Taken together, the growth of ...
9/22/2014 11:41:15 AM| 2 Answers
Which of the following is a nonrenewable ...
Weegy: COAL is a nonrenewable resource. User: Which of the following is true about glass recycling? a. Recycling ...
9/22/2014 11:55:18 AM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
P
C
L
Points 2555 [Total 26953]| Ratings 5| Comments 2505| Invitations 0|Offline
S
L
1
L
P
C
1
Points 2283 [Total 8814]| Ratings 10| Comments 2183| Invitations 0|Offline
S
L
C
P
C
1
L
L
P
C
1
Points 1982 [Total 17921]| Ratings 14| Comments 1842| Invitations 0|Online
S
L
1
1
1
1
L
1
L
Points 1958 [Total 11738]| Ratings 0| Comments 1958| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 1751 [Total 18923]| Ratings 6| Comments 1691| Invitations 0|Online
S
1
L
1
L
P
P
L
Points 703 [Total 11949]| Ratings 0| Comments 703| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 583 [Total 19114]| Ratings 1| Comments 573| Invitations 0|Offline
S
L
Points 559 [Total 1229]| Ratings 0| Comments 559| Invitations 0|Offline
S
1
L
L
Points 465 [Total 5588]| Ratings 4| Comments 425| Invitations 0|Offline
S
Points 64 [Total 64]| Ratings 2| Comments 34| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.