Answer: The Role of Accounting. A system for measuring and summarizing business activities, interpreting financial information, and communicating the results to management and other stakeholders to help them make better business decisions.
Accounting is fundamental in business, serving as a unit of account, measuring profits, and guiding growth strategies. It communicates financial health by differentiating between economic and accounting profit. Accounting also informs business growth through growth accounting studies.
Explanation:Accounting plays a crucial role in business by serving as a reliable means of measuring and communicating economic information about an organization. It acts as a unit of account which standardizes the monetary value of goods and services, simplifying trade-offs. Accounting records reveal the financial health and profitability of a business by keeping track of revenues and costs, demonstrating the difference between economic profit and accounting profit. Economic profit considers both implicit and explicit costs, while accounting profit only considers explicit costs.
Moreover, it informs decisions for business growth. This is evident in growth accounting studies, commonly used in the U.S. economy, where factors contributing to economic expansion are analyzed over specific time horizons.
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Buying a treasury bill (T-Bill) is best for investors who are looking for what?
Treasury bill is good for a long term investment that is stable.
Explanation:
Treasury bill is best for the investors who are looking for a long term investment and do not want to take out the money anytime between the period that the bill is offered for.
This also allows for a pre decided rate that will give them the same rate of return no matter what the market is like at that time.
This is the kind of bond thus, that one must take if they are looking to keep their money secure for some amount of time without hope for a lot of profit.
How do newspaper conglomerates have an effect on how much local news coverage is reported in a newspaper?
Newspaper conglomerates can influence local news coverage by prioritizing national or international news and by centralizing resources, leading to reduced coverage of local events and issues.
Explanation:Newspaper conglomerates have an effect on how much local news coverage is reported in a newspaper through their ownership and control of multiple newspapers in different localities. When a conglomerate owns multiple newspapers, they often prioritize national or international news over local news, which can result in reduced coverage of local events, issues, and government activities. Additionally, conglomerates may centralize news production and resources, leading to fewer journalists dedicated to local coverage. As a result, local communities may receive less comprehensive and in-depth local news coverage.
What function is money serving when you buy a ticket to a movie?
a. a store of value b. a medium of exchange c. a unit of account d. a flow of funds
Answer:
maybe b
Explanation:
im not so sure but u do exchange ur money for ticket and thats an exchange right?
The function that money is serving when you buy a ticket to a movie is a medium of exchange. (Option B).
How is that so?Money is some item or provable record that is widely recognized as payment for merchandise and services and compensation of debts, such as taxes, in the country or socio-economic circumstances. The main functions of money are as a currency, a unit of report, and a store of value.
Money is a currency when it is used to buy and sell merchandise and services. In this case, you are utilizing money to buy a motion picture ticket. You are not utilizing money to store worth (a store of value), to equate the prices of different merchandise and services (a whole of account), or to transfer services from one customer to another (a flow of funds).
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what was the goal of the reconquista?
The purpose of the Reconquista was that the Christians wanted to expel the Spanish Muslims in the 11th century
Imagine that you are the CEO of Wal-Mart. Pick three ways discussed in this section to explain how you would improve customer service at Wal-Mart.
Answer
I would improve customer service at Wal-Mart in the following ways:
Seek regular feedback from customers: I would arrange for a feedback card for all customers to complete while at the checkout counter. They could mention their complaints as well as improvement suggestions in the feedback cards and drop them in a drop-box explicitly placed at the exit.
Keep in touch with customers: I would go through the feedback cards once a week. I would then devise an action plan with a team of managers to resolve the issues identified and assess the scope for implementing suggestions. I would then arrange to send a “thank you” card to these customers for providing their feedback along with an update on the actions we took to address their complaints and implement suggestions.
Express more care for employees: I would ensure that training sessions are arranged for employees periodically to educate them about customer issues and better equip them to handle customers and prioritize tasks. I would arrange for regular discussion sessions for employees with managers to understand their problems and resolve them. I would also introduce some fun activities to motivate employees and revive their enthusiasm. These activities would include celebrating employee birthdays and festivals.
Explanation:
its from plato
The ways to improve customer service at Wal-Mart,
Seek regular feedback from customersKeep in touch with customersExpress more care for employeesHow you would improve customer service at Wal-Mart?Seek regular feedback from customers: I would set up a feedback card for all customers to satisfy while at the checkout counter. They could say their objections as well as modification requests in the feedback cards and slip them in a drop-box explicitly set at the entrance.
Keep in touch with customers: I would reach through the feedback cards once a week. I would then create an action plan with a group of managers to determine the problems recognized and set the size for executing requests. I would then set to transmit a “thank you” card to these clients for supplying their feedback along with an update on the measures we brought to handle their objections and execute suggestions.
Express more care for employees: I would provide that exercise sessions exist arranged for employees periodically to educate them about customer issues and adequately prepare them to endure clients and prioritize duties. I would set up regular conference sessions for workers with managers to learn about their issues and resolve them. I would also give some fun activities to enable workers and restore their confidence. These activities would have to celebrate worker's birthdays and festivals.
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WILL GIVE BRAINLY What is interest? A type of credit that does not require a deposit A type of loan for purchasing a home The rate paid for the use of credit The rate paid for a good or service
Answer:
The rate paid for the use of credit
Explanation:
When making a credit card payment, you must pay the bank the amount that you spent during the month, plus an interest rate, which will vary depending on how much you spend with the credit card, and the interest rate could vary based on your credit score, or dependability on paying your loans.
Hope this helps!
The interest rate on a credit card represents the cost of borrowing money. The interest rates on credit cards are often given as an annual percentage. The yearly percentage rate is what we use for this (APR).
What are credit cards?A credit card is a payment card that is given to customers so they can pay a merchant for products and services based on the debt they have accumulated.
The card issuer establishes a revolving account and gives the cardholder a line of credit from which they can borrow money to pay for purchases or to get a cash advance.
Consumer credit cards and business credit cards are the two types of credit cards. The majority of cards are made of plastic, however others are made of metal or are made of metal and gemstones.
A charge card, which demands that the balance be paid in full each month or at the conclusion of each statement cycle, is distinct from a typical credit card.
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What is the BEST definition of profit?
A. Profit is the possible income from producing and additional item.
B. Profit is the price of producing one additional unit of a good.
C. Profit is the additional income gained from selling an additional good.
D. Profit is the financial gain for business activity minus expenses.
The best definition is:
D. Profit is the financial gain for business activity minus expenses.
Explanation:
Profit is basically met by the two factors which are
-The expense met by the firm in producing the product
-The price it actually sold for in the market.
If the second factor is indeed bigger than the first, then there is profit.
Indeed, there must also be a consideration that the expenses would also include marketing, transportation and the cost for intermediaries.
It would not production cost but it would be the cost of getting the product to the consumer.
Answer:
D. Profit is the financial gain from business activity minus expenses.
Explanation:
A ___________ loan is one that is backed up by something of value.
Answer:
secure
Explanation:
A secure loan is backed by collateral or assets of value
according to the presentation which sector of agribusiness involves Packers and advertisements
Using the information given here, what is the price-earings ratio for DEF Company? (Hint: This is a two-step calculation) (Round your answer to 2 decimal places.)
Income = $270,000
Number of shares outstanding = 45,000
Price per share = $50.40
Book value per share = $5
Answer:
Earning per share= 270,000/ 45,000= $6
Price earning ratio= 50.40 / 6
8.4 times
Explanation:
Price earning ratio= Market price per share/ earnings per share
Can you. Write all the lyrics to my oh my
Answer:
My oh my
Explanation:
They say he likes a good time
(My, oh my)
He comes alive at midnight
(Every night)
My mama doesn't trust him
(My, oh my)
He's only here for one thing
But (so am I)
Yeah
A little bit older
A black leather jacket
A bad reputation
Insatiable habits
He was onto me, one look and I couldn't breathe
Yeah, I said, "If you kiss me
I might let it happen"
I swear on my life that I've been a good girl
Tonight, I don't wanna be her
They say he likes a good time
(My, oh my)
He comes alive at midnight
(Every night)
My mama doesn't trust him
(My, oh my)
He's only here for one thing (let's go)
But (so am I)
Look, I'm the type to make her turn on her daddy
DaBaby make her forget what she learned from her daddy
I don't be trippin on lil' shawty, I let her do whatever she please
I don't be kissin' on lil' shawty, she don't be kissin' on me either
She came with you and then left with me, I went up a point, let's call it even (yeah)
Don't like the car she in, gonna end up buying her a new Beamer (let's go)
That girl know what she want, she make me take it off when she see me (let's go)
She say I make her wet whenever my face pop up on TV
I had to say, "No disrespect, gotta do it safe or you can keep it"
Pop star, I'm fresh up out the trap and I'm goin' Bieber
She know I'm a call away, she can drop a pin and I come meet her
Stand next to me, you gon' end up catchin' a fever (yeah, yeah, yeah)
I'm hot (yeah)
I swear on my life that I've been a good girl (good girl, good girl)
Tonight, I don't want to be her
They say he likes a good time
(My, oh my)
He comes alive at midnight (he comes alive, oh every night)
(Every night)
My mama doesn't trust him
(My, oh my)
He's only here for one thing
But (so am I)
My, my, my, my, my, oh my
My mama doesn't trust you, baby
My, my, my, my, my, oh my
And my daddy doesn't know you, no
My, my, my, my, my, oh my
Oh, my, my, my, my, my, oh my
My, my, my, my, my, oh my
They say he likes a good time
(My, oh my)
He comes alive at midnight
(Every night)
My mam doesn't trust him
(My, oh my)
He's only here for one thing
But (so am I)
there you know you could've Googled it
Answer:
They say he likes a good time
(My, oh my)
He comes alive at midnight
(Every night)
My mama doesn't trust him
(My, oh my)
He's only here for one thing
But (so am I)
Yeah
A little bit older
A black leather jacket
A bad reputation
Insatiable habits
He was onto me, one look and I couldn't breathe
Yeah, I said, "If you kiss me
I might let it happen"
I swear on my life that I've been a good girl
Tonight, I don't wanna be her
They say he likes a good time
(My, oh my)
He comes alive at midnight
(Every night)
My mama doesn't trust him
(My, oh my)
He's only here for one thing (let's go)
But (so am I)
Look, I'm the type to make her turn on her daddy
DaBaby make her forget what she learned from her daddy
I don't be trippin on lil' shawty, I let her do whatever she please
I don't be kissin' on lil' shawty, she don't be kissin' on me either
She came with you and then left with me, I went up a point, let's call it even (yeah)
Don't like the car she in, gonna end up buying her a new Beamer (let's go)
That girl know what she want, she make me take it off when she see me (let's go)
She say I make her wet whenever my face pop up on TV
I had to say, "No disrespect, gotta do it safe or you can keep it"
Pop star, I'm fresh up out the trap and I'm goin' Bieber
She know I'm a call away, she can drop a pin and I come meet her
Stand next to me, you gon' end up catchin' a fever (yeah, yeah, yeah)
I'm hot (yeah)
I swear on my life that I've been a good girl (good girl, good girl)
Tonight, I don't want to be her
They say he likes a good time
(My, oh my)
He comes alive at midnight (he comes alive, oh every night)
(Every night)
My mama doesn't trust him
(My, oh my)
He's only here for one thing
But (so am I)
My, my, my, my, my, oh my
My mama doesn't trust you, baby
My, my, my, my, my, oh my
And my daddy doesn't know you, no
My, my, my, my, my, oh my
Oh, my, my, my, my, my, oh my
My, my, my, my, my, oh my
They say he likes a good time
(My, oh my)
He comes alive at midnight
(Every night)
My mam doesn't trust him
(My, oh my)
He's only here for one thing
But (so am I)
Explanation:
Search Google! :)
A realistic budget shows each of the following EXCEPT:
A.
investment risks
B.
progress towards goals
C.
how funds are being used
D.
how much money is available
Answer:
B progess toward goals
Explanation:
srry im late
Approximately how much of the initial investment’s value would be lost after 15 years at 3% inflation? 15% 20% 40% 50%
Answer:
40%
Explanation:
Answer:
I think the answer is C - 40%
Explanation:
May the Lord bless youuuuuuuu <3
_____________ is something of value that can be claimed by a lender if a loan is not repaid.
Answer:
Collateral
Explanation:
Due to improved layout and a fresh coat of paint on the walls, your restaurants weekly profit rose from $26,230 to $33,456. What is your percentage growth rate?
a) 26.2%
b) 27.5%
c) 33.4%
d) 35.1%
Answer:
The correct answer is option b) 27.5%.
Explanation:
To begin, we must analyze the information we have.
We know that new restaurant earnings are now $ 33456 and old earnings were $ 26230.
In order to know what the percentage of earnings is, what we must do is divide the new earnings by the old ones:
33456 : 26230 = 1.27548 ...
As we can see, the result is 27.5%.
If you still have any doubts, we can get that percentage to check it:
(26230 . 27.5): 100 =
(721325): 100 = 7213.5
That would be the amount of earnings, added to the initial amount:
7213.25 + 26230 = 33443.25 (Since the 27.5 percentage was not exact, we will have an approximate number).
Given this information we can say that the correct answer is option B.
Answer:
b)27.5%
Explanation:
i looked it up
which of the following will occur with an increase in the supply curve?
A. the price will remain frozen without any sustainable output to match it
B. the price level will decrease without any sustainable output to match it
C. the price level will increase without any sustainable output to math it
Answer:
The answer should be C! :)
Explanation:
Christie couldn’t afford to buy the expensive software needed to create a slide presentation. What is the best advice you can give her on the situation?
A. Do some research and find the best rated free online software.
B. Save and/or borrow the money to obtain the software.
C. Try and seek out a public computer and see if they can purchase the software.
D. Since that is the only way to access the program there is nothing to be done.
Answer:
a
Explanation:
apex approved
The best advice for Christie's situation is A. Do some research and find the best rated free online software.
Given Christie's financial constraints, the most practical and cost-effective solution would be to look for free alternatives that can fulfill her needs for creating a slide presentation. There are numerous free online software options available that offer similar functionalities to expensive software. These free tools are often user-friendly and can be accessed from any computer with an internet connection, eliminating the need for Christie to save or borrow money to purchase the expensive software.
Let's evaluate the other options:
B. Save and/or borrow the money to obtain the software.
This option may not be immediately feasible for Christie if she is currently unable to afford the software. Additionally, borrowing money could lead to future financial strain.
C. Try and seek out a public computer and see if they can purchase the software.
While public computers may have presentation software installed, it is unlikely that the staff would agree to purchase specific software for an individual's use. Moreover, this option does not provide a long-term solution for Christie's future presentation needs.
D. Since that is the only way to access the program there is nothing to be done.
This is not a helpful or proactive approach. There are always alternatives to expensive software, and suggesting that there is nothing to be done is not true.
Therefore, option A is the most viable and empowering advice for Christie, as it allows her to immediately begin working on her slide presentation without incurring additional costs.
You can see that you have hundreds of visitors to your website each month. You are using web analytics software to find why this engagement is not resulting in sales. Witch to of the following may be the problem?
A. Poor marketing campaigns
B. Not enough sales promotions
C. Users are not able to find what they are looking for
D. Web page content is not engaging enough
In the agriculture industry, what is the significance of Problem Solving—how is it used and why is it so important?
Answer:
in simplest of the ways, agriculture means the mechanism of humans manipulating and changing the environment to suit the consumption needs (of the humans).
so naturally, when we alter the environment, there are problems that arise and the consequences that we will have to face, both positive and negative.
Problem solving in this sense is extremely vital in the agricultural industry.
as we alter the natural balance, many problems can arise such as crop damage from pests, spread of viral effects and bacterium that harm the crop and the harvest, environmental catastrophes such as cyclones, floods, droughts and fertilizer shortages etc..
in modern world, scientific methods, analysis and forecasts are used to identify, assess and solve these problems. Technology and advanced techniques of chemistry, biology and natural sciences are deployed to apply suitable answers as well!
Explanation:
online ad that displays in a new window that opens in front of the current window is
led a(n)
a. interstitial ad
b. pop-under ad
c. pop-up ad
d. banner ad
Answer:
The answer is c.pop-up ad
An online ad that displays in a new window in front of the current window is known as a pop-up ad. They are designed to capture immediate attention and differ from pop-under ads, which show up behind the current browser window, and banner ads, which are part of the web page itself. Interstitial ads are slightly different and show during transitions in user experience.So,option c is correct.
An online ad that displays in a new window that opens in front of the current browser window is called a(n) pop-up ad. These types of ads are designed to capture the user's attention by interrupting their current activity, often with the intent of promoting products or services. Unlike pop-under ads, which appear behind the browsing window, or banner ads, which are embedded within a web page, pop-up ads are more intrusive and can be seen immediately without the user needing to navigate away from the original content.
Interstitial ads are a bit different; they typically display as full-page ads that show up during the natural transition points in the user's experience, such as in between articles or during game levels. They cover the interface of their host application and are shown before the user can proceed with their activity.
Which projects are Brent A. Smith most proud of? (Site 1)
Answer:
Salmon restoration, Unmanned Air Vehicles, Underwater systems.
Explanation:
Do you think the road the speaker took was really the less traveled one? What line supports your answer?
Question 3 (10 points)
Which of the following is a method of ventilation?
Computerized
Powered
Lubricated
None of the above
What elements would be required in a Canadian national or provincial strategy?
Answer:
Explanation:
Canadian provincial strategy are the guiding principles adopted by the Federal agency to regulate the oil/gas activities and distribution systems within the state. The jurisdiction of the provinces handles the natural resources as stated in the constitution of Canada.The Federal regulatory agency adopts strategies to ensure that it carries out its primary responsibilities effectively. These primary responsibilities include:
-Export and import of natural gas.
-Oil exports under regulatory terms.
-Oil and gas pipelines and power lines.
There are key factors/elements required in a Canadian national or provincial strategy. They include:
-Privatization of the electricity sector.
-Imposing taxes on natural gas production.
- Revision of the energy policies.
Which two factors are important to consider when choosing a production method?
Answer:
-The technology that is available for the market.
- The nature of the products
Explanation:
Latest technology often able to produce larger amount of products with significantly lower time. This will help reduce the overall cost of production in the long run. Business owner need to consider this and calculate whether the initial investment that needed to be made to install the technology will worth the value in the long run.
Nature of the products consisted of all the characteristics that our products process. For example food products tend to not have a long shelf life unlike fashion product. This difference in characteristics influence the type of production method that business owners could implement.
For example, It is impossible for business owners to mass produce produce food products with the expectation that it can maintain their quality in the warehouse, but producer of fashion products could make that expectation.
When choosing a production method, two important factors to consider are the costs of labor and machinery. Firms would choose a production method that minimizes total cost, shifting from labor to machinery use as labor costs rise. Moreover, the resulting efficiency and profitability can determine the company's long-term sustenance.
Explanation:When choosing a production method, importantly two factors to consider would be the cost of labor and cost of machines. For instance, the firm would choose a production technology with the lowest total cost. This can depend on varying cost rates of labor and machinery. If the cost of machines has increased, as indicated in your question, the firm would shift towards using less capital and more labor.
Take for example, Production technology 1 and 3. Production technology 1 maximizes labor use but minimizes machinery use, while Production technology 3 does the opposite. When the cost of labor rises, firms will choose to substitute labor for machinery.
Considering these costs is paramount to the efficiency and profitability of the company, as observed in the United States in the 1970's where there was enough demand to sustain only 2.5 companies at the bottom of the average cost curve. This leads to implications for the company's long run, suggesting that at least one firm might struggle in the long run.
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What function is money serving when you take it on a trip and keep it in your wallet or purse in case
you need it?
a. a flow of funds b. a unit of account c. a store of value d. a medium of exchange
Answer:
a or c
Explanatin:
it could be a flow of funds bc u take it places but it could also be a store of value bc u store it in ur wallet
EX1 ABC Bakery went public by issuing 1,000,000 shares of common stock at $12 per share. The shares are currently trading at $20 per share. Current risk free rate is 6%, market risk premium is 8%, and the company has a beta coefficient of 1.2. During last year, ABC bakery issued 50,000 bonds, the face value of bonds is $1,000 and the bonds are currently trading at $820.
a/ Calculate the cost of equity?
b/ If the tax rate is 34%, the cost of debt is 10%, calculate the weighted average cost of capital?
EX2 :Net Sales ???? Cost of Goods Sold $8,800 Depreciation $500 Tax 20% Selling and Administrative Expense $2,500 Interest Payment $347 Dividend Paid $1,400 (30% of net income)
a) cost of equity is 8.4%
b) weighted average cost of capital is 7.19%
c) Net sales is $16,814 or $16,800 (rounded off )
Explanation:
a) Calculation of cost of equity
Under Capital Asset Pricing Model
It takes into account the riskiness of an investment relative to the market. The model is less exact due to the estimates made in the calculation
Ke = Rf + βi × [E(Rm) – Rf]
Where:
Ke = cost of capital
Rf = Risk-free rate of return
βi = Beta of asset i
E(Rm) = Expected market return
Ke = 6% + 1.2 (8% - 6% )
Ke = 0.06 + 1.2 (0.08 -0.06) = 0.06 + 0.024 =0.084 or 8.4%
[tex]Ke = 0.06 + 1.2 (0.08 -0.06) = 0.06 + 0.024 =0.084 or 8.4%[/tex]
b) calculation of weighted average cost of capital
weighted average cost of capital = (VE×Re)+(VD×Rd×(1−Tc))
where:
E=Market value of the firm’s equity
= $20,000,000 (1,000,000 shares ×$20)
D=Market value of the firm’s debt
= $41,000,000 (50,000 bonds × $820)
V=E+D = $61,000,000
Re=Cost of equity = 8.4% (Refer to calculation of ke)
Rd=Cost of debt = 10%
Tc=Corporate tax rate = 34%
V=E+D= $61,000,000
The equity-linked cost of capital
(E/V)×Re= $20,000,000 ÷$61,000,000 × 0.084 = 0.028
[tex](E/V)×Re= $20,000,000 ÷$61,000,000 × 0.084 = 0.028[/tex]
The debt component
D/V)×Rd×(1−Tc) =
$41,000,000 ÷$61,000,000 × 0.10 ×(1-0.34) =0.044
weighted average cost of capital
= 0.028 + 0.044 = 0.719 or 7.19%
c) calculation of net sales
Net profit = Dividend = (30% of net income) $1,400 ÷30×100 = $4667
Gross profit = Net profit + Depreciation + selling and administrative expenses + interest
Gross profit = 4667+500+2500+ 347 = $8014
[tex]Gross profit = 4667+500+2500+ 347 = $8014[/tex]
Net sales = Gross profit + cost of good sold
Net sales = $8014 + $8,800 = $16,814
[tex]Net sales = $8014 + $8,800 = $16,814[/tex]
Note :
Tax and dividend has been paid after computing Net income ., so these item does not included for net profit calculation
Final answer:
The cost of equity for ABC Bakery is calculated using the CAPM formula and is determined to be 15.6%. The WACC is calculated by taking into account the proportions of equity and debt in the company's financing structure, the costs of equity and debt, and the corporate tax rate, and it is found to be 9.551%.
Explanation:
EX1: Calculating the Cost of Equity and WACC
To calculate the cost of equity for ABC Bakery, we can use the Capital Asset Pricing Model (CAPM), which is given by the formula:
Cost of Equity = Risk-Free Rate + Beta ×Market Risk Premium
Plugging in the given values:
Cost of Equity = 6% + 1.2 × 8%
= 6% + 9.6%
= 15.6%
Now, to calculate the weighted average cost of capital (WACC), we use the formula:
WACC = (E/V) ×Cost of Equity + (D/V) ×Cost of Debt ×(1 - Tax Rate)
Where:
E is the market value of the equity, which is 1,000,000 shares × $20 per share.
D is the market value of the debt, which is 50,000 bonds ×$820 per bond.
V is the sum of the market value of equity and debt.
Tax Rate is given as 34%.
Cost of Debt is given as 10%.
First, we calculate E, D, and V:
E = 1,000,000 ×$20 = $20,000,000
D = 50,000 ×$820 = $41,000,000
V = E + D = $20,000,000 + $41,000,000 = $61,000,000
Then we calculate the WACC:
WACC = ($20,000,000/$61,000,000) ×15.6% + ($41,000,000/$61,000,000) ×10% ×(1 - 0.34)
= (0.3279× 15.6%) + (0.6721 × 10% ×0.66)
= 5.113% + 4.438%
= 9.551%
So, the weighted average cost of capital for ABC Bakery is 9.551%.
Some entrepreneurs Invent Innovative
that consumers buy to make their lives easier. Other entrepreneurs come up
with Innovative
that make existing products more convenient or less expensive. Often innovations are a
Reset
Next
Answer:
products, methods, combination
Explanation:
Answer:
1- products
2- methods
3- combination
Explanation:
Right on plato
Gertrude makes a one time deposit of $1200 into an account that pays 7% annual interest
compounded continuously. Assuming Gertrude makes no additional deposits or
withdraws, how much money would be in the account after 7 years? Round to the nearest
penny.
Answer:
$1788
Explanation:
1200 x 0.07 = 84
84 × 7 = 588
588 + 1200 = 1788
Difinition of effective communication