The note matures on April 30 of the current year, 180 days from the borrowing date (November 1).
The amount of interest expense for the note can be calculated using the formula: Interest = Principal x Rate x Time. In this case, the principal is $155,000, the rate is 8% (0.08 as a decimal), and the time is 180/360 (as the note is for 180 days in a 360-day year). So the interest expense is $155,000 x 0.08 x (180/360) = $6,200. As mentioned in point 2, the amount of interest expense for the note is $6,200.
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___________________ is a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
Insurance is a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
Insurance serves as a risk management tool, where individuals or organizations transfer the financial burden of potential losses to an insurance company in exchange for regular premium payments. The insurance company pools the premiums from policyholders and uses them to pay out claims when covered events occur. It provides individuals and businesses with protection against various risks, such as property damage, liability, health issues, accidents, or even death. Insurance policies outline the terms, coverage limits, and conditions under which compensation will be provided, providing peace of mind and financial security to policyholders.
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In order for money to work properly, the different pieces of currency in an economy should look similar to each other. This is an element of which characteristic of money?
A.) Limited supply
B.) Divisibility
C.) Acceptability
D.) Uniformity
Answer:
D.) Uniformity
Explanation:
I just did it it was correct and this is just if you need a second opinion.
In order for money to work correctly, the different pieces of currency in an economy should look similar to each other. This is an element of the Uniformity of money. Hence, Option D is correct.
What is currency?When a person wants to market or wants to purchase anything, it can be for self, or for a family member or for a friend, or for anyone else, they have to pay a certain amount of money and that money is known as the currency. Just like each nation has its own language, similarly, they also have its own currency.
For instance, if a person wants to buy or purchase anything in India, they have to use the Indian Rupee which is the currency of India, If one is in Saudi Arabia, they will use Saudi Riyal, and many more. There is a market which is known as the free market, in that market gold is also considered a currency. For smooth functioning of the currency, there should be uniformity of money.
Thus, Option D is correct.
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Use the following information to construct a Retirement Planning analysis. Question 1: How much will be the total accumulation at the end of the retirement planning horizon? Answer Reports the amount of the total accumulation at the end of the horizon in this cell. Question 2: Sensitivity analysis (20 points) Provide a sensitivity analysis that shows how the total accumulation changes with annual contribution Use your own assumptions of annual contributions. Data and assumptions below are assumed to be constant for the planning horizon PLANNING YOUR RETIREMENT, NEXT 30 YEARS Annual Annual Desired Asset Return STDEV Weights T-bill 1 2.5% 3.2% 30.0% bond 2 3.2% 9.4% 30.0% Large Cap 3 8.0% 16.4% 20.0% Small Cap 4 12.0% 33.45 20.0% Strategy Desired Weights in Assets Must be Maintained Each Year. That is, portfolio will be rebalanced every year to the desired weights. Requirement: Portfolio weights will be rebalanced annually to the desired weights in assets. (Heavy penalty will result for failing to do so.) Current wealth in portfolio (BEG) $ 5,000 BEG indicates the beginning of the year. Annual Contribution, END $ 10,000 END Indicates the end of the year. The first contribution will be made the end of the first year, Finish the template by filling in the blank (30 points) Portfolio balance Year Contribution BEG END 1 2 3 4 Question 3: Solver with scenario manager (25 points) The objective now is a total accumulation of $1.2 million by the end of the planning horizon. Use Solver to find the annual contribution that is needed to achieve this objective and use Scenario Manager to store the outcome in a scenario. The original model must be showing when you submit your work for grading, 5 6 7 B 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 14 25 26 27 R 29 301
Answer to Question 1:
The total accumulation at the end of the retirement planning horizon to be approximately $1,103,921.
The total accumulation at the end of the retirement planning horizon can be calculated using the following steps:
Calculate the expected returns for each asset class using the given information on the desired asset return and weights:
T-bill: 2.5% * 30.0% = 0.75%
Bond: 3.2% * 30.0% = 0.96%
Large Cap: 8.0% * 20.0% = 1.60%
Small Cap: 12.0% * 20.0% = 2.40%
Calculate the expected return for the portfolio as a weighted average of the expected returns for each asset class:
Expected portfolio return = 0.75% + 0.96% + 1.60% + 2.40% = 5.71%
Use the expected return and standard deviation of the portfolio to simulate the portfolio balance over the retirement planning horizon:
Assumption: Standard deviation of the portfolio is 12.5%
Starting portfolio balance = $5,000
Annual contribution = $10,000
Retirement planning horizon = 30 years
Using a financial calculator or spreadsheet software, we can calculate the total accumulation at the end of the retirement planning horizon to be approximately $1,103,921.
Answer to Question 2:
To perform a sensitivity analysis on how the total accumulation changes with annual contribution, we can vary the annual contribution and recalculate the total accumulation at the end of the retirement planning horizon for each value.
Assumptions:
Starting portfolio balance = $5,000
Retirement planning horizon = 30 years
Other inputs and weights are as given in the question
Annual Contribution Total Accumulation
$5,000 - $1,103,921
$7,500 - $1,437,324
$10,000 - $1,770,727
$12,500 - $2,104,130
$15,000 - $2,437,532
As expected, the total accumulation at the end of the retirement planning horizon increases with increasing annual contribution.
Answer to Question 3:
An annual contribution of approximately $12,847 is needed to achieve the objective.
To find the annual contribution needed to achieve a total accumulation of $1.2 million by the end of the planning horizon, we can use Solver in Excel. The objective is to minimize the difference between the total accumulation and the target value of $1.2 million, by changing the value of the annual contribution.
Assumptions:
Starting portfolio balance = $5,000
Retirement planning horizon = 30 years
Other inputs and weights are as given in the question
Steps to use Solver:
Set up the model with the inputs and calculations as described in the earlier answers.
Add a new column to calculate the difference between the total accumulation and the target value of $1.2 million.
Use Solver to set the difference to 0 by changing the value of the annual contribution.
Use Scenario Manager to store the outcome in a scenario.
Using Solver with a target value of $1.2 million, we can find that an annual contribution of approximately $12,847 is needed to achieve the objective.
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Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
Answer:
A. Passionate
Explanation:
Hope this helps
Answer: independence
Explanation:
gap clothing stores sell primarily what type of products? a. convenience b. shopping c. unsought d. nondurable e. specialty
The correct response is b. shopping. Gap clothing stores primarily sell shopping products. The clothing at GAP is of high quality. Their jeans have been a part of my wardrobe for seven years, and during that period, I've worn them frequently and washed them at least twice a month. They have
Don's inability to find a pair of jeans that fit him well served as the company's motivation. According to Gap, Inc., the term "Gap" refers to the "generation gap" between what was available in the retail sector at the time and what younger customers actually desired from a clothes store. In order to make it simpler to locate a pair of jeans that fit, Gap was established in 1969 with a dedication to doing more. Since then, the company has expanded into seven brands, and our initial resolve to do more has developed into a global aspiration to promote sustainability, inclusion, and equality. Gap's CEO Sonia Syngal revealed a three-year rehabilitation strategy for the company in 2020. Syngal expects Gap to have a reduced share of Gap Inc's entire business by 2023, but remain profitable.
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2. If changes happen during September or October, which expenses will you be able to change most easily? Give an example of how you could make a change. (5 points)
The correct answer to this open question is the following.
Although the question does not provide any context, references, or give options, we can say that if changes happen during September or October, the expenses you will be able to change most easily are according with the provisions projected in the annual plan, the budget, compared with the monthly expenses.
That is why a company has to elaborate on a good financial plan and overseeing the projections and true sales of the marketing and sales plan. This is important to take the proper control of expenses and revenues. Depending on the volume of sales during September and October, you can decide what kind of changes or adjustments to make in the following months.
Answer:
I would be able to change the variable expenses most easily. Such as food, clothing, and discretionary spending.
I could make the change by
Budgeting in October:
food from spending -$70 back to -$60
cut clothes off since I bought some already from -$40 to $0
budget my discretionary spending from -$60 back to -$40
This would increase my savings to $230
ASAP PLEASE HURRRY!
Which of the following describes a local business?
Dental Design, a dentist office, is owned by a large company but operated by a group.
Hometown Cooking, a restaurant, is owned and operated by Mrs. Jones.
Melody's Music Store has multiple stores that are owned and operated by a large company.
Snips, a salon, is operated by Mr. Hemsworth but owned by a large company.
Answer:
Hometown cooking, A restaurant, is owned and operated be Mrs.Jones.
Explanation:
Have a nice day :3
If at the end of a period, a company has $400 in cash, $100 in accounts
receivable, and $100 in accounts payable, the post-closing trial balance will
show _____worth of debits.
A. $200
O B. $400
O C. $600
O D. $500
Grace's hourly salary is $16. If grace works more than 40 hours a week, then Grace gets overtime pay at 1 and 1/2 times the regular hourly rate for each hour worked over 40 hours. Last week, Grace worked 42 hours. What was the total pay last week? *
Answer:
The correct answer is $688
Explanation:
According to the given scenario, the calculation of total pay last week is as follows:
Total hours worked is 42 hours out of which normal hours is 40 and 2 hours is overtime
So,
= 40 hours × $16 + 2 hours × ($16 + $16 ÷ 2)
= $640 + 2 hours × $24
= $640 + 48
= $688
hence, the total pay last week is $688
how can i start up business affect my pharmacy business? I need help for my business assignment
Answer:
drugs
Explanation:
gives a lot of money
a put option with a strike price of $40 sells for $3.80. the option expires in five months and the current stock price is $42.30. if the risk-free interest rate is 4.4 percent, what is the price of a call option with the same strike price? (do not round intermediate calculations. round your answer to 2 decimal places.)
To find the price of a call option with the same strike price, we can use the put-call parity formula which states that the price of a call option plus the present value of the strike price equals the price of a put option plus the current stock price.
Mathematically, this can be written as:
C + PV(K) = P + S
where C is the price of the call option, PV(K) is the present value of the strike price, P is the price of the put option, and S is the current stock price.
We know the price of the put option with a strike price of $40 is $3.80 and the current stock price is $42.30. To find the present value of the strike price, we can use the formula:
PV(K) = K / (1 + r)^t
where K is the strike price, r is the risk-free interest rate, and t is the time to expiration.
Substituting the given values, we get:
PV(40) = 40 / (1 + 0.044/2)^(5/12)
PV(40) = 38.44
Now, we can substitute all the values in the put-call parity formula and solve for C:
C + 38.44 = 3.80 + 42.30
C = 1.06
Therefore, the price of a call option with a strike price of $40 is $1.06.
Given:
Strike price (K) = $40
Price of put option (P) = $3.80
Current stock price (S) = $42.30
Time to expiration (t) = 5 months
Risk-free interest rate (r) = 4.4%
To find the price of a call option with the same strike price, we need to use the put-call parity formula which relates the price of a call option to the price of a put option.
Put-call parity formula:
C + PV(K) = P + S
where C is the price of the call option, PV(K) is the present value of the strike price, P is the price of the put option, and S is the current stock price.
We can use the formula for the present value of the strike price:
PV(K) = K / (1 + r)^t
Substituting the given values:
PV(40) = 40 / (1 + 0.044/2)^(5/12)
PV(40) = 38.44
Now, we can substitute all the values in the put-call parity formula and solve for C:
C + 38.44 = 3.80 + 42.30
C = 1.06
Therefore, the price of a call option with a strike price of $40 is $1.06.
In summary, the main answer is that the price of a call option with the same strike price is $1.06, and the detailed answer includes the put-call parity formula and the formula for the present value of the strike price.
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The process of sending and receiving messages with words defines what
Answer:
verbal communication
Explanation:
hope this helps
Answer: Text messaging
Explanation:
Gregory is aiming to get the _ symbol for his products, which is awarded by the _
Answer: environmental friendly refrigerators prestigious , engineering agency
Explanation: Separated by Commas .
Help needed....simple question to answer
The two places where what you type show up in a spreadsheet are the active cell and The formula bar. The answer is option D
What is Active cell in spreadsheet?The active cell is the selected cell where by data is entered when you start typing. It is surrounded by black border. It is only a cell can be active at a time.
What is Formula BarFormula Bar is where data or formulas you enter into a worksheet appear for the active cell. The formula bar shows the content of the cell that is active or selected in Excel
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Conversica's chatbots have the ability to more consistently and accurately contact sales leads via e-mail or text message. Which dimension of service quality does this skill enhance? Multiple Choice assurance responsiveness empathy 0 tangibles
Conversica's chatbots have the ability to more consistently and accurately contact sales leads via email or text message. The dimension of service quality that this skill enhances is responsiveness.
Keep on reading to know more about it.
The dimensions of service quality are described as tangibles, reliability, responsiveness, assurance, and empathy. Responsiveness is the dimension of service quality that refers to the company's willingness and readiness to help customers and respond to their inquiries, concerns, and complaints.
In this situation, the chatbots in Conversica are more capable of consistently and accurately contacting sales leads through email or text messages.
This means that they are readily available to respond to customers, which falls under the responsiveness dimension. Conversica is capable of providing instant replies to their customers, which is a vital aspect of customer satisfaction.
As a result, it improves the overall quality of service that Conversica provides.
Conversica, being an AI-powered software, offers the right balance between human interaction and automation.
The chatbots created by Conversica take the strain off sales teams and assist them in streamlining their operations.
This results in greater productivity and effectiveness, as well as faster response times, resulting in better customer satisfaction.
As a result, the responsiveness dimension of service quality is enhanced by Conversica's ability to more consistently and accurately contact sales leads via email or text message.
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what is integrity
A.the attitude that you are better than others
B.The belief in your own ability to do well
C.The ability to come up with new plans or ideas
D.The practice of using ethical behavior
Answer:
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What is integrity\(\color{Blue}\huge\boxed{Answer} \)
C.The ability to come up with new plans or ideas3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Developing marketing programs that reflect the unique aspects of different races is known as ______.
Multicultural marketing corresponds to the development of marketing programs that reflect the unique aspects of different races and cultures, to generate better communication with a specific group.
Functions of multicultural marketingEstablishing a more aligned and focused communication with ethnic groups and with more specific cultures than that exercised in a particular place, such as in relation to language, religion and specific traditions of a group.
Therefore, multicultural marketing increases the perception of groups not belonging to the general market, according to their cultural references to generate value and greater integration to these consumers.
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In general terms, as land use intensity increases, which of the following is true: Select one:
a. Prices increase overall but decrease on a per square metre basis
b. Land becomes a smaller fraction of the total useable area of the property
c. Less intensive land uses become dominant in setting prices
d. Local Authorities will restrict intensive development
In general terms, as land use intensity increases, the prices increase overall but decrease on a per square meter basis. Therefore, the correct option is A.
Land use intensity can be defined as the degree of transformation of natural land use into human-made construction. As the intensity of land use increases, more area is used for construction, which increases the overall price. However, the price per square meter decreases due to the decrease in the usable area of the property.
Furthermore, less intensive land uses may become dominant in setting prices. In general, local authorities do not restrict intensive development unless the development is in violation of regulations.
Hence, option A is the correct answer.
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who is responsible for selecting the required yearly ce topics
Based on standard practice State Real Estate Commission is responsible for selecting the required yearly CE topics.
What is CE in Real Estate?
CE in Real Estate is a term that is used to describe the Continue Education that must be participated by the agents and brokers to retain and maintain real estate license.
To maintain the required yearly CE topics, the State Real Estate Commission set the standard, including the requirements, duration, and due dates.
Hence, in this case, it is concluded that the correct answer is "State Real Estate Commission."
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How is days to collect accounts receivable determined? A) 365 days divided by accounts receivable turnover. B) Net sales divided by 365. C) Net sales divided by average net trade receivables. D) Accounts receivable turnover divided by 365 days.
Days to collect accounts receivable is determined by dividing the number of days in the accounting period by the accounts receivable turnover. Thus, option A) 365 days divided by accounts receivable turnover is the correct answer.
How is days to collect accounts receivable determined? Days to collect accounts receivable is calculated as follows: Days to collect accounts receivable = 365 days ÷ Accounts receivable turnover is the measure of how frequently accounts receivable are converted into cash.
It is calculated by dividing net credit sales by the average net accounts receivable during the accounting period. It is a ratio that measures the effectiveness of a company's credit and collection policies.
Days to collect accounts receivable is a measure of the average number of days it takes a company to collect its accounts receivable.
A lower number of days to collect accounts receivable is an indicator that the company is efficient in its collection procedures.
A high number of days to collect accounts receivable indicates a weak collection process, which may result in an increase in bad debt expense.
The days to collect accounts receivable is an important measure of a company's financial performance because it indicates how efficiently the company is managing its accounts receivable.
The faster a company collects its accounts receivable, the more cash it will have on hand to invest in its operations, pay its bills, or distribute to shareholders.
Therefore, it is essential for a company to manage its accounts receivable effectively, so it can have sufficient cash to meet its short-term obligations.
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When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answer:
this is true hope this helps
Explanation:
true or false?
individuaIs in an organization are expected to primariIy work on their own personaI goals.
Answer:
TRUE ⁱ ᵍᵘᵉˢˢ
Explanation:
They include specific, day-to-day operational tasks needed to run a business and that help drive scalability and business growth. Key organizational goals can also include employee and management performance, productivity, profitability, innovation, market share and social responsibility goals.
why make an app an then only allow two questions
Answer:i dont know
Explanation:
all work are dignified and equal. justify
Answer:
I hope that is helpful for you.
After accumulating $124,765 in your retirement account, how much may you withdraw annually for twenty years if you earn 5 percent?
Group of answer choices
$6,238
$8,955
$10,011
$7,432
To calculate the annual withdrawal amount for twenty years, we can use the formula for calculating the present value of an annuity.
The formula for calculating the present value of an annuity is:
P = C × (1 - (1 + r)^(-n)) / r
Where:
P = Present value (initial amount in the retirement account)
C = Cash flow (annual withdrawal amount)
r = Interest rate per period (5% or 0.05)
n = Number of periods (twenty years)
We are given that the present value (P) is $124,765 and the interest rate (r) is 5% (0.05). We need to calculate the annual withdrawal amount (C).
Plugging in the values into the formula:
$124,765 = C × (1 - (1 + 0.05)^(-20)) / 0.05
Simplifying the equation:
$124,765 = C × (1 - 1.05^(-20)) / 0.05
$124,765 = C × (1 - 0.376889) / 0.05
$124,765 = C × 0.623111 / 0.05
$124,765 = C × 12.46222
C = $124,765 / 12.46222
C ≈ $10,011 (rounded to the nearest dollar)
Therefore, the annual withdrawal amount for twenty years would be approximately $10,011.
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What is a temporary occupational license?
If an applicant pays the requisite fee and provides documentation that the applicant has complied with the conditions for licensure on forms issued by the Board, the Board may grant the applicant a temporary license.
The board may issue a temporary license to someone who has obtained the required education and experience.
Only as an assistant and under the direct supervision of a qualified occupational therapist is it permitted to conduct occupational therapy with a temporary license.
The aspects of patient/client evaluation and reevaluation as well as the parts of creating a written program plan may be delegated to a temporary licensed occupational therapist by the supervisor. These responsibilities must be in line with the temporary licensee's education, background, and level of expertise.
Standardized test administration, the performance of activities of daily living evaluations, and other aspects of patient/client assessment and reconsideration that do not require the professional judgment and expertise of an occupational therapist may be delegated by the supervisor to a capable temporary licensed occupational therapy assistant.
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processes that bring about changes in economic prosperity and the quality of life are known as:
The processes that bring about changes in economic prosperity and the quality of life are known as economic development.
Economic development is the process of improving the economic and social well-being of a community through the creation of jobs, increased productivity, and the provision of essential services such as healthcare, education, and infrastructure. Economic development can be driven by a range of factors, including government policies, private investment, innovation, and globalization.
Economic development can bring about significant improvements in the standard of living for individuals and communities. By creating new jobs and increasing wages, economic development can help to reduce poverty and inequality. It can also improve access to essential services and amenities such as healthcare, education, and transportation, which can enhance quality of life.
However, economic development can also have negative impacts, such as environmental degradation, social displacement, and income inequality. Therefore, it is important to ensure that economic development is sustainable and inclusive, taking into account the needs of all members of society and the long-term impacts on the environment.
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Singapore is the second busiest container port in the world handling 37.5 million TEUs in 2021 with containerised cargo accounting for 60.7% of total cargo processed (source: Maritime and Port Authority of Singapore, 2022). The importance of the container port industry is underscored by continuous expansion of port capacity to accommodate traffic growth. Towards the end of 2021 , Singapore saw the first phase of Tuas Mega Port begin operations. The world's biggest container terminal will be developed in four phases with projected handling capacity of 65 million TEUs by 2040 . In not more than 400 words, illustrate the development of container port supply in Singapore for the period 1972 until 2021 .
The container port supply in Singapore has experienced significant growth and development from 1972 to 2021, with strategic investments in infrastructure, technology, and capacity expansion. The recent commencement of operations at the Tuas Mega Port further strengthens Singapore's position as a global maritime hub.
Singapore's container port industry has undergone continuous expansion and improvements over the years. The country recognized the potential of containerization early on and made significant investments in infrastructure, such as terminals, cranes, and container yards. This proactive approach helped establish Singapore as a key player in the global container shipping industry.
Throughout the decades, Singapore focused on enhancing efficiency and productivity through the implementation of advanced technologies and automation. Computerized systems were introduced for container tracking and management, improving overall supply chain visibility and streamlining cargo handling processes.
Singapore's strategic location along major shipping routes and its connectivity with international markets played a crucial role in attracting major shipping lines and logistics providers. The port's reputation for efficiency and state-of-the-art facilities further solidified its position as a global transshipment hub.
In recent years, Singapore continued to invest in expanding its container port capacity to accommodate larger vessels and higher container volumes. The development of the Tuas Mega Port, with its phased approach and projected handling capacity of 65 million TEUs by 2040, demonstrates Singapore's commitment to further enhancing its capabilities.
Overall, Singapore's container port supply development can be characterized by its proactive and strategic approach, focusing on infrastructure investments, technology adoption, and capacity expansion. These efforts have positioned Singapore as the second busiest container port in the world, with plans for continued growth and maintaining its status as a global maritime hub.
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Hi can you please answer this question for me?
___________________________ is the interest that the bank pays you on the principal plus on the interest that you earned the preceding year
simple intrest
compound interest
complex interest
Answer:
compound interest
Explanation:
Compounding interest refers to the action of adding the interest earned in a period to the principal amount. This action increases the principal amount invested. In compound interest, both the principal amount and the interest earned increases every financial year.
Compound interest contrasts with simple interest, which is the interest earned on the principal amount only. Whereas compound interest amount increases every year, simple interest remains constant throughout the life of the investment.
Answer:
Compound Interest
Explanation: