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Where in life do WE use negative numbers?
When people are in debt! You can owe people so much money that you actually have a negative amount of money.
How do you calculate the interest earned in one year?
To calculate the interest earned in one year, you can use the formula: Interest = Principal × Rate × Time. Here, the Principal is the initial amount of money invested or borrowed, the Rate is the annual interest rate (expressed as a decimal), and Time is the duration in years (which is 1 for one year). For example, if you have a principal of $1,000 and an annual interest rate of 5%, the interest earned in one year would be $1,000 × 0.05 × 1 = $50.
Rachael spent 36.32 in the grocery store she paid the exact amount and used exactly 4 bills and 4 coins what bills and coins did rachel use?
800
What is the answer to the question Sam bought two Cd's for A dollars Eachelle's tax for both was 3 dollars . write an expression to show how much Sam paid in all?
To find the total amount Sam paid for the two CDs, you can use the expression (2A + 3), where (A) represents the price of each CD in dollars. The term (2A) accounts for the cost of the two CDs, and the (3) represents the tax on both CDs. Therefore, the total amount Sam paid is the sum of the cost of the CDs and the tax.
Is a negative integer less than o?
That's right, negative numbers are less than zero. If you have trouble with this concept, think about money. If you have no money and you are also in debt, that is the equivalent of having a negative amount of money. Even when you get some money, if you use it to pay off your debt you could still be left with no money. So with a negative quantity, you need to add to that quantity just to get to zero.
Is the amount of money paid or earned for the use of money?
Interest is earned or paid for the use of money
The amount paid or earned for the use of money?
simple intrest
Which concept does Adam Smith use to describe the amount of money commonly paid for any commodity?
Market price
What concepts does Adam smith use to describe the amount of money commonly paid for any commodity?
Market price
Why does paid in capital and earned capital need to be kept separate?
Paid in Capital is the amount of investment a shareholder has contributed to the business for use and earned capital is the amount of profit that has been generated by the business itself. It must be separate for investor and shareholder information so that the difference between the two can be clearly stated.
Is money paid for the use of money?
Interest.
What is another name for the rent paid to use someone else's money?
rent paid for the use of money is called what?
Which concept does Adam smith use to describe the amount of money commonly paid for any comodity?
Market price
What is money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
What is the money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
What does a bank charge you when you borrow money from it?
When you borrow money from a bank, you are charged interest. interest is a fee for the use of someone else's mony and is usually a percentage of the amount of money borrowed. It is charged and paid each month, week, or day on the amount of borrowed money that has not yet been repaid.
The price paid for the use of money is?
Interest.
