The rate used in the table for calculating compound interest is found by?

The annual rate is used in the table for calculating compound interest.

Expert answered|AngelInDisguise|Points 3196|

Expert answered|AngelInDisguise|Points 3196|

Expert answered|AngelInDisguise|Points 3196|

Expert answered|AngelInDisguise|Points 3196|

Expert answered|AngelInDisguise|Points 3196|

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Asked 1/4/2012 1:27:26 AM

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How does these managements work together to reach their goals?

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Asked 12/29/2011 5:31:38 AM

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How do accounting and financial mangement work together to help a business reach its goals?
**Weegy:** Financial accounting reports are prepared for the use of external parties such as shareholders and creditors, [ [ whereas managerial accounting reports are prepared for managers inside the organization.
This contrast in basic orientation results in a number of major differences between financial and managerial accounting, even though both financial and managerial accounting often rely on the same underlying financial data. In addition to the to the differences in who the reports are prepared for, financial and managerial accounting also differ in their emphasis between the past and the future, in the type of data provided to users, and in several other ways. These differences are discussed in the following paragraphs. ] ] (More)

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Asked 12/29/2011 5:35:20 AM

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How do accounting and financial mangement work together to help a business reach its goals?
**Weegy:** accounting and financial management help us to compare the profit and loss for several years and by this management can help us to maximise the profits and minimize the losses (More)

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Asked 12/29/2011 6:11:49 AM

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You have been asked by your friend to describe this topic. Your friend knows very little about math, but learns well with pictures and analogies. Come up with a creative way to explain the concept of "compound interest" to your friend. **Weegy:** Tell your friend to imagine being in school. Then imagine you have been disciplined by the principal for behaving unruly in school. Then tell him to that school is difficult enough so being suspended adds to the equation. Hope this helps. **User:** Come up with your own example of compound interest different than the one in question two. **Weegy:** Interest Rate: 6% daily
Starting Balance: $188
Time Passed: 8 days
How much interest has accrued if calculated as compound interest?
What is the new total balance?
Interest: $112
Total balance: $300 ***Solution
Compound Interest: Total Balance = [ P(1 + R)T
P = principle = starting balance = $188
R = interest rate = 6%
T = time = 8 years
Total balance = principle × (1 + interest rate)time = 188 × (1 + (6 / 100))8 = $300
Interest accrued = total balance - starting balance = $300 - $188 = $112 ] (More)

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Asked 12/29/2011 7:46:51 PM

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Come up with your own example of compound interest. **Weegy:** Interest Rate: 2% weekly
Starting Balance: $128
Time Passed: 7 weeks
How much interest has accrued if calculated as compound interest?
What is the new total balance? Interest: $19
Total balance: 147 *****Solution
Compound Interest: Total Balance [ = P(1 + R)T
P = principle = starting balance = $128
R = interest rate = 2%
T = time = 7 years
Total balance = principle × (1 + interest rate)time = 128 × (1 + (2 / 100))7 = $147
Interest accrued = total balance - starting balance = $147 - $128 = $19 ] (More)

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Asked 12/29/2011 7:52:18 PM

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