The relationship between stockholders and management can best be described as a(n) Agency relationship.
What is an agency relationship?An agency relationship is a type of business relationship where someone is hired to act in the best interest of the other. The person who is hired is the agent and the other person is the principal.
In a stockholder and management relationship, the stockholder is the principal who has hired management as an agent to safe guard their interests.
Find out more on Agency relationships at https://brainly.com/question/26253714
#SPJ1
who of the following provides approval for a project? key decision makers individuals with sign-off authority the project manager all stakeholders
The project manager Individual with sign-off authority. The project sponsor has ultimate support authority.
Who provides approval for a project?Who the Project Sponsor is: Usually an aged member from the business area in which the project is asked, with a deep understanding of that area's operations and strategic aims. The Project Sponsor has the administration approve budgets and resource requests within their business area.
What stakeholder is liable and accountable for the project scope?Who the project executive is: Provides project administration, confirms the demand within their area of responsibility, validates goals, goals, and resources, and is accountable for the overall delivery of the project.
To know more about the stakeholder visit the link
https://brainly.com/question/14514176
#SPJ4
ralph is buying terry's house. the buyer's loan amount is $105,580. if the buyer has agreed to pay 3 points at closing, how much will he pay for the points?
$3,167 is the amount he will pay.
The lender may charge a fee called a discount point or point in order to reduce the interest rate. the loan amount of $105,580 x 3 = $3,167 because 1 point COSTS 1% of the loan amount and the buyer is purchasing 3 points.
What is a loan?The term "loan" describes a category of credit instrument in which a sum of money is lent to another party in return for the value or principal amount to be repaid in the future. Most of the time, the lender will also add interest or finance charges to the principal amount, which the borrower will also be required to pay back along with the principal sum.
Loans can be made for a predetermined, one-time sum of money or they can be used as an open-ended line of credit up to a predetermined limit. There are many different types of loans, including secured, unsecured, business, and personal loans.
Lenders either accept or reject loan applications based on the applicant's creditworthiness. Should the loan application be rejected, the lender must explain why. Following approval of the application, a contract outlining the terms of the arrangement is signed by both parties. The proceeds of the loan are advanced by the lender, and the borrower is then responsible for repaying the full amount, along with any additional fees like interest.
Thus, the amount of loans depends on the creditworthiness of the lender.
For more information on Loans, refer to the given link:
https://brainly.com/question/11794123
#SPJ4
If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if the price of cappuccinos rises?.
If consumers view cappuccinos and lattés as substitutes, the equilibrium price and quantity would decrease if the price of cappuccinos rises.
In economics, the concept of equilibrium can be used to determine market stability. At this point, neither the buyer nor the seller wishes to deviate from their respective consumption and production points.
In economics, substitute goods are those types of goods that may be used place of one another. As a result, as the cost of a substitute good rises, so does demand for the original good, causing both the equilibrium price and quantity to rise.
To learn more about equilibrium: brainly.com/question/517289
#SPJ4
Charmaine, a district manager for a global retailer, is traveling to different stores in her district to discuss with store managers how to increase profitability for the rest of the fiscal year. What is charmaine doing?.
Charmaine is doing controlling the direction of the planning/control cycle.
The managerial functions of planning and control, also referred to as production planning and control, are concerned with ascertaining two things: first, what the market's wants are; and, second, how a firm may best plan for and fulfill those demands.
Daily operations including scheduling, dispatch inspection, quality evaluation, inventory control, supply management, and equipment management all require planning. Control makes ensuring that the actions are carried out as efficiently and cost-effectively as possible.
While controls are put in place so that businesses can deal with changes when they inevitably happen, planning lays out the goals, mission, and methods for organizations to satisfy market expectations.
Learn more about management functions https://brainly.com/question/15351742
#SPJ4
in an erp system, what is it called when material is issued to a job in the beginning of the production process
Software for manufacturing ERP integrates tasks assigned to a job at the start of the production process.
How does manufacturing work?
Manufacturing is the process of converting raw materials into final goods. These goods can be made by hand or by machine, and after they are finished, they are sold to customers or other enterprises for a variety of uses. The produced commodities could also be components of a bigger item. Organizations utilize Manufacturing ERP software to assist manage, plan, and support these activities. They also help businesses scale, save costs, and increase productions in a timely and effective manner.
The production of your bill of materials to the automatic reordering of materials when stock is low are all managed by, for instance, the Odoo ERP software. Your items can be tracked all the way back to the component parts' lot number thanks to traceability. ERP software guarantees that your financials are precisely automatically recorded to measure cost and profitability because of its connection to sales and accounting. ERP software manages and automates crucial production tasks thanks to these and a number of other features.
to know more about manufacturing ERP
https://brainly.com/question/14635097
#SPJ4
a person owns one unit in a multi-unit structure together with a specified undivided interest in the common elements. the ownership interest best describes a
A condominium is an ownership interest where a person owns one unit in a multi-unit building along with a specific undivided interest in the common areas.
Definition Of An Ownership Interest In A Property
The rights that one or more owners have over their investment are referred to as ownership interests in real estate. When there are many owners, the ownership interest is typically divided according to how much money was put into the property.
If you have an ownership stake in a piece of property, you are entitled to reasonable use of it. For instance, you would be entitled to a fair portion of the earnings if you jointly own an investment property with other investors.
to know more about ownership interest
https://brainly.com/question/1748280
#SPJ4
Defining the problem and research objectives is the __________ step in the marketing research process.
Defining the problem and research objectives is the first step in the marketing research process.
What is marketing research process?The marketing research process can be described as the six-step process which entails how the problem of the research is been defined as well as how it is being studied.
After this , the best upon, approach to take, formulation of research design, will now followed, in this case we can conclude that Defining the problem and research objectives is the first step in the marketing research process.
Learn more about marketing research at:
https://brainly.com/question/24906199
#SPJ1
If the equilibrium price of solar panels is $200 per panel, but a price ceiling of $150 per panel is imposed, what happens to the market for solar panels?.
In the market for Solar Panels the quantity demanded exceeds quantity supplied and a shortage occurs.
A situation of excess demand is said to arise in the market when, at the current price level, there is a greater demand than supply. At a price lower than the equilibrium price, there is excess demand. As a result of the falling prices, consumers would be lured into the markets, which would fuel competition among them. Price increases would result from this competition. The law of supply and demand will work to reduce demand as prices rise, and customers will begin to disappear. As a result of the higher prices, suppliers may raise their output in an effort to boost earnings.
To learn more about Solar Panels here
https://brainly.com/question/14809330
#SPJ1
bermeo, sarah blodgett. "aid allocation and targeted development in an increasingly connected world." international organization, vol. 71, no. 4, 2017, pp. 735–66
Answer:djewew
Explanation:
adam’s plumbing is a louisiana corporation having its registered office in winn parish. owner lives in adjacent lasalle parish and owns a camp in adjacent grant parish.
The venue would be proper in Winn Parish, the parish where AP, a domestic corporation, has its registered office. The adam’s plumbing venue would also be proper in Grant Parish where the damages occurred and where the alleged negligent repair took place, and it is also the parish where the services rendered under the contract were performed.
Caldwell Parish may be right if it's far from Bob's homestead the facts say resident, and if this is his recurring residence, it works. The nation of Louisiana calls for a journeyman or master's license to do plumbing work in Louisiana. A journeyman has to also be under the supervision of a master plumber when repairing present plumbing.
Apprentices can do plumbing paintings, however most effective with a journeyman on the web page at all times directing the work. A grasp Plumber differs from a regular plumber in large part because of their degree of understanding and the truth that they may be accepted and authorized as grasp plumbers by way of the authorities. those plumbers are greater skilled than everyday plumbers. you may find out if your contractor is certified and ensure they preserve the best license for the paintings being carried out.
Learn more about plumbing here:-https://brainly.com/question/17201345
#SPJ4
sanchez company's output for the current period was assigned a $200,000 standard direct materials cost. the direct materials variances included a $5,000 favorable price variance and a $3,000 unfavorable quantity variance. what is the actual total direct materials cost for the current period?
The actual total direct materials cost for the current period is $198,000. Hence, Option B is correct.
What do you mean by direct materials?Components that go into a manufactured good are known as direct materials. For instance, the direct materials used in the production of a smartphone include the screen, integrated circuits, camera modules, and buttons.
As per the given information,
Actual total direct materials cost = Standard direct materials cost + unfavorable quantity variance - favorable price variance
Actual total direct materials cost = $200,000 + $3,000 - $5,000
Actual total direct materials cost = $198,000.
Hence, The actual total direct materials cost for the current period is $198,000. Option B is correct.
Learn more about Direct materials costs:
https://brainly.com/question/26245657
#SPJ4
"Your question is incomplete, probably the complete question/missing part is:"
A)$208,000.
B)$198,000.
C)$202,000.
D)$192,000.
E)$205,000.
what information regarding an entity's future cash flows are investors and lenders interested in? (select all that apply.)
what information regarding an entity's future cash flows are investors and lenders interested in amount, timing, uncertainty.
What is cash flows?
The net balance of money coming into and going out of a business at a particular period is referred to as cash flow. A firm constantly receives and expends cash. For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
Therefore,
Information regarding an entity's future cash flows are investors and lenders interested in amount, timing, uncertainty.
To learn more about cash flow from the given link:
https://brainly.com/question/10922478
#SPJ4
independently owned and managed stores sign an agreement to use the same name, participate in chain promotions, and cooperate as a unified system.
Independently owned and operated stores that are a member of a wholesaler-sponsored chain have agreed to use the same name, take part in chain promotions, and work together as a single system.
Unlike corporate chains, these are associations of individual retailers. In many nations, voluntary networks of retailers that participate in collective merchandising and bulk purchasing are common. Any retail establishment with two or more locations that is part of a chain and sells the same products under the same ownership. A significant portion of retail activities are carried out by chains in the Americas, western Europe, and Japan. Chain stores constitute the first successful application of large-scale integrated procedures to a form of retailing, together with the department store and the mail-order business.
To learn more about Contractual Basis here
https://brainly.com/question/28098935
#SPJ4
a network of manufacturers and service providers that work together to convert and move goods from the raw materials stage through to the end user is the definition of.
A network of manufacturers and service providers that work together to convert and move goods from the raw materials stage through to the end user is the definition of a supply chain.
A provider is an " act or use for which a purchaser, company, or government is willing to pay." Examples include paintings completed with the aid of barbers, docs, lawyers, mechanics, banks, coverage companies, and so forth. Public offerings are people who society as a whole can pay for.
A service type is a class of related services that proportion schemas. It defines the schema attributes which can be common across a hard and fast of comparable managed resources. service sorts are profiles, or templates, that create offerings for unique times of managed sources.
carrier number approach an identifying number associated with a service such as a smartphone wide variety or a cell variety.
Learn more about service here:https://brainly.com/question/26521390
#SPJ4
list every factor you should consider when evaluating a job offer. be thorough in your answer. you may want to discuss this with a member of your support system network, a placement counselor, or both. include the factors that are specific to your personal job search, as well as general factors.
Factor that one should consider when evaluating a job offer.
1. Investigate Your Potential Employer
Your potential employer has put a lot of effort into determining your fitness for the position. But have you considered whether it's appropriate for you?
2. Income
When considering whether to accept a job offer, many people look to the salary as the most important consideration.
3. Perks and Benefits
Benefits can account for a sizable portion of your pay package, therefore it's important to carefully consider this clause of your contract as their value is frequently less clear than the salary's value.
4. Expenses and Savings
Your commute is one of the major costs to take into account when assessing a job offer. Will your travel expenses go up or down?
5. Time
The time commitment required by your new employment can be difficult to judge.
To learn more about factors affecting job offer from given link
https://brainly.com/question/12510257
#sPJ4
ivan, a russian fisherman, needs a permit to fish and sell a certain type of fish, the yellow perch. select the term that best fits the scenario. quota price ceiling black market license price floor
Ivan, a Russian fisherman, needs a permit to fish and sell a certain type of fish, the yellow perch is a market license.
License approach permission to do something, mainly formal permission from a central authority or other authority. The phrase frequently refers back to the proof of that permission, including a card or certificate.
A license is reputable permission or permits to do, use, or personal something. A license is granted by using a celebration to some other birthday party as a detail of a settlement among the one's parties. within the case of a license issued by a government, the license is acquired through applying for it.
In American English, the noun is spelled the same as the verb—license. however, in British English, the noun is spelled license. all the while, that means stays the same—permission, a allow a document that states you are certified or allowed to do something.
Learn more about the license here https://brainly.com/question/18611420
#SPJ4
john is employed in an american manufacturer of health care products and is currently working with some japanese cients
John is employed by an American manufacturer of health care products and is currently working with some Japanese clients as a cross-cultural risk.
Definition a manufacturer is a commercial enterprise or person that produces goods. The agency that makes a specific emblem of sneakers is an example of a manufacturer of footwear.
As such, synthetic goods are the alternative to number one items but encompass intermediate goods in addition to very last goods. They include steel, chemical substances, paper, textiles, equipment, garb, cars, and so on.
The USA's other top manufacturered products are prescribed drugs, airplanes, and motors. Rounding out the pinnacle 10 are iron and metallic, animal slaughtering, plastics, natural chemical compounds, and petrochemicals.
Learn more about manufacturer here https://brainly.com/question/28082023
#SPJ4
select all of the following contemporary work situations that show scientific management at work. more than one answer may be correct.
Contemporary work situations that show scientific management at work are
Warehouse packers are having a difficult time managing the piles of items that the robots are picking off the shelves. Managers adjust the robots’ speed to coordinate with the humans’ speed. Warehouse packers are having a difficult time managing the piles of items that the robots are picking off the shelves. Managers adjust the robots’ speed to coordinate with the humans’ speed.Junior high school teachers work in teams of two: one newer teacher and one seasoned teacher. The principal and assistant principal assign the teams and hold staff training throughout the year. Junior high school teachers work in teams of two: one newer teacher and one seasoned teacher. The principal and assistant principal assign the teams and hold staff training throughout the year.Print shop owners Wendy and LaShawn had high employee turnover last year. They know how to set a consistent set of standards for all employees and model that standard themselves.This is further explained below.
What is scientific management?Generally, Federick W. Taylor was the first to promote scientific management, sometimes referred to as Taylorism.
In conclusion, Therefore Options A B D are scientific management at work.
Read more about scientific management
https://brainly.com/question/20435550
#SPJ1
Complete Question
Select all of the following contemporary work situations that show scientific management at work. More than one answer may be correct.
Check All That Apply
A. Warehouse packers are having a difficult time managing the piles of items that the robots are picking off the shelves. Managers adjust the robots’ speed to coordinate with the humans’ speed. Warehouse packers are having a difficult time managing the piles of items that the robots are picking off the shelves. Managers adjust the robots’ speed to coordinate with the humans’ speed.
B. Junior high school teachers work in teams of two: one newer teacher and one seasoned teacher. The principal and assistant principal assign the teams and hold staff trainings throughout the year.Junior high school teachers work in teams of two: one newer teacher and one seasoned teacher. The principal and assistant principal assign the teams and hold staff trainings throughout the year.
C. Instead of relying on “old hands,” a political campaign director recruits from groups who are very enthusiastic about the candidate’s ideas. The director sees training as a way to shape energy into action.Instead of relying on “old hands,” a political campaign director recruits from groups who are very enthusiastic about the candidate’s ideas. The director sees training as a way to shape energy into action.
D. Print shop owners Wendy and LaShawn had high employee turnover last year. They know now to set a consistent set of standards for all employees and model that standard themselves.
a city enacts an ordinance that prohibits all advertising on the sides of trucks. a court would likely review this ordinance under the principles of
The River City passes a law banning any truck side advertising. A judge would probably examine this ordinance in accordance with due process rules.
What are the principles of due process?Due process is defined in this context as the right to be handled fairly, quickly, and successfully by the administration of justice. Due process rights set restrictions on laws and court cases in order to ensure fundamental justice and fairness. The rules applied by courts of justice in line with recognized and sanctioned legal concepts and processes, as well as protections for the protection of individual rights, are understood to be subject to due process in this context. A fair trial, the presumption of innocence, and the independence and impartiality of the judiciary are only a few of the many criteria that apply to the administration of justice. The numerous rules are divided up among several articles in the majority of Conventions.
Four aspects of due process are covered because this handbook focuses on a range of Conventions:
a) Excellence in the administration of justice;
b) Excellence in the defense of the parties' rights;
c) effectiveness;
d) efficiency.
The first three components are discussed under the heading of "fair trial," while effectiveness is covered under the "right to an effective remedy" heading because due process rights are traditionally known among human rights experts to center on the right to a fair trial and the right to an effective remedy.
To learn more about the, principles of due process visit:
https://brainly.com/question/14488455
#SPJ4
a lien that applies to all of one's real and personal property is a: select one: a. voluntary lien b. mechanic's lien c. general lien d. specific lien
A lien that applies to all of one's real and personal property is a Specific lien.
A lien placed against real or personal property to pay off a debt or duty that typically arises out of the law Our house had a lien from the bank. the security interest or lien that a mortgage creates.
Bank, real estate, and tax liens are the three basic categories of liens. Property contracts must be honoured when it comes to property. The lender has the legal authority to sell the property as well as confiscate it if the contract is not honoured.
Learn more about liens here:
https://brainly.com/question/15014907
#SPJ4
arrange the steps that follow the first step in the organizational buying process in the correct order of occurrence
The Required steps are as follows
Problem identificationinformation search, assessment of options, purchase choice, post-buy evaluation makes up the five phases.This is further explained below.
What is Problem identification?Generally, The process of clearly identifying the underlying source of an issue is what is meant by "problem identification."
the process of developing a thorough issue statement that includes the impact that the problem has on the health of a population.
After a variety of possibilities have been uncovered, a methodical procedure needs to be implemented in order to evaluate those options, at which point one should go from a larger list of options to a reduced list of options, and, lastly, to an option that is favored.
The process through which a company or other organization acquires the products or services it needs to meet its objectives is known as purchasing.
Even though there are various organizations that make an effort to provide standards for the buying process, individual firms' procedures might be quite different from one another.
In conclusion,
Problem identificationinformation search, assessment of options, purchase choice, post-buy evaluation makes up the five phases.Read more about Problem identification
https://brainly.com/question/15167706
#SPJ1
chloe receives her first paycheck for working as a pretzel vendor. to which of the arrows does this transaction directly contribute?
The arrows show how Chloe's first earnings from her job as a pretzel vendor will directly benefit C and D.
The correct option is B.
What exactly is a business transaction?An executed contract between a seller and a buyer to exchange goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting.
What does an accounting transaction mean?Any financial business event that has an impact on a company's financial statements is referred to as a transaction in accounting. Numerous items arrear numerous items that are transactions because transactions include occurrence that has a monetary impact on one's financial records.
What sort of transaction is that?These four types of financial transactions are:
A. sales
B. purchases,
C . receipts,
D. payments.
To know more about financial transactions visit:
https://brainly.com/question/27501867
#SPJ4
Chloe receives her first paycheck for working as a pretzel vendor. To which of the arrows does this transaction directly contribute?
A. A only
B. C and D
C. C only
D. A and B
Suppose a decrease in the supply of bottled water results in a decrease in revenue. This indicates that.
A decrease in the supply of bottled water results in a decrease in revenues. This indicates that the demand for bottled water is price elastic in the price range considered.
The quantity supplied is the amount of a product that a company intends to sell at a specific price.
The relationship between the percentage change in a product's quantity demanded and the percentage change in price is known as price elasticity of demand. It helps economists comprehend how supply and demand shift in response to changes in a product's price.
Basic economic theory states that when a good's price grows, so will it's supply. In contrast, when a good's price drops, so do its supply and revenue.
To learn more about supply
https://brainly.com/question/13296654
#SPJ4
classify each cost and its amount as either product or period. the first cost is completed as an example.
The classification of each cost and its amount as either product or period costs is as follows:
Classification of Costs by Function:Product Costs Period Costs
1. Plastic for the casing— $20,000
2. Wages of assembly workers— $88,000
3. Property taxes on factory— $7,000
4. Accounting staff salaries— $36,000
5. Drum stands (1,000 stands purchased)— $38,000
6. Rent cost of equipment for sales staff— $12,000
7. Upper management salaries— $175,000
8. Annual flat fee for factory
maintenance service— $13,000
9. Sales commissions— $24 per unit
10. Machinery depreciation, straight-line— $48,000
What is the difference between product costs and period costs?Product costs are directly related to production, including direct materials, direct labor, and allocated factory overhead.
Period costs are not directly related to production, for example, general and administrative expenses, such as rent, office depreciation, office supplies, and utilities.
Thus, we can determine product costs as those that involve production, while period costs are not involved in the production but marketing, selling, and administration.
Learn more about product and period costs at https://brainly.com/question/28294479
#SPJ1
Question Completion:Listed here are the total costs associated with the 2017 production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $493 each.
Costs
1. Plastic for the casing—$20,000
2. Wages of assembly workers—$88,000
3. Property taxes on factory—$7,000
4. Accounting staff salaries—$36,000
5. Drum stands (1,000 stands purchased)—$38,000
6. Rent cost of equipment for sales staff—$12,000
7. Upper management salaries—$175,000
8. Annual flat fee for factory maintenance service—$13,000
9. Sales commissions—$24 per unit
10. Machinery depreciation, straight-line—$48,000
what should you do if you do not have or do not believe that you have the proper materials to safely perform your job?
Request the necessary equipment/materials from your VA supervising practitioner or the unit supervisor in your area when do not believe that you have the proper materials to safely perform your job.
What is Safely Perform?
There are risks in your working environment that you should be aware of whether you work outside, at a desk, or with powerful gear. To prevent workplace injuries, it's critical to be aware of any potential hazards in your surroundings. This article will define workplace safety, identify the people responsible for maintaining a safe work environment, and provide advice on how to stay safe at all times both on the job and off.
to learn more about Safely Perform
https://brainly.in/question/15246710
#SPJ4
1. which is listed first on a financial statement? a. revenues b. owner's equity c. liabilities d. assets
Assets is listed first on a financial statement.
What are assets?An economic resource with economic worth that is owned or under the control of a person, a company, or a government with the intention that it would someday be useful is referred to as an asset.
An organization's balance sheet lists its assets. They can be divided into four categories: current, fixed, financial, and intangible. They are obtained or developed in order to raise a company's worth or enhance its operations.
Whether it's manufacturing machinery or a patent, an asset is anything that, in the future, has the potential to increase sales, lower costs, or produce cash flow.
Learn more about assets
https://brainly.com/question/27972503
#SPJ4
(a) if profit is revenue minus cost, find an expression for the profit from the production and sale of x units.
Gross earnings represent the income or income remaining after the product prices were subtracted from sales. revenue is the quantity of income generated from the sale of a company's goods and services.
Solution:
Revenue ( R) = 335x
Cost ( C) = 80x + 18,000
a) Profit = Revenue(R) - Cost(C)
= 335x - ( 80x + 18,000)
= 335x - 80x - 18,000
= 255x - 18,000.
If 4,000 units are sold then,
Profit(P) = 255(4,000) - 18,000
= 10,20,000 - 18,000
= $10,02,000.
profit is revenue minus fees. For gross profit, you subtract a few fees. For net earnings, you subtract all fees. Gross income and working income are steps on the street to net earnings. internet income Margin additionally referred to as income Margin or net earnings Margin Ratio is an economic ratio used to calculate the proportion of earnings a company produces from its overall sales. It measures the number of internet earnings an organization obtains consistent with a dollar of revenue won.
Learn more about Profit here:-https://brainly.com/question/1078746
#SPJ4
retirement plans play a key role in making a company competitive in the marketplace because they help the employer to attract and retain employees.
True
Offering a tax-advantaged retirement plan to employees has two primary advantages: attraction and retention.
What do you mean by Retirement planning?
It refers to the distribution of savings or revenue towards retirement in a financial setting. Retirement planning is to achieve financial independence.
As a result, financial consultants frequently advise retirees to have a source of income that provides approximately 70% of their salary while working in order to live comfortably after retirement.
To learn more about Retirement planning
https://brainly.com/question/28128413
#SPJ4
how much would be in your savings account in 9 years after depositing $160 today if the bank pays 9 percent per year
In 9 years after depositing $160, in my savings account would be $289.6
The formula for simple interest and procedure we will use to solve this exercise is:
S.I.= (P*R*T)/100
Where:
P = principalR = rate of interest in % per annumT = timeInformation about the problem:
P = $160R = 9%T = 9 yearsTotal amount = ?Applying the simple interest formula, we get:
S.I.= (P*R*T)/100
S.I.= (160* 9*9)/100
S.I.= $129.6
Calculating the total amount that would be in my savings account, we get:
Total amount = P + S.I.
Total amount = $160 + $129.6
Total amount = $289.6
What is simple interest?It is the operation in which we calculate the profit produced by a capital loaned at a given percentage.
Learn more about simple interest at: brainly.com/question/20690803
#SPJ4
Which best describes a scholarship?
Hey!
A scholarship is an aid given to a student by an institution. A scholarship is the financial help provided by the institution to a student. These are a means of help to the students to encourage in further studies and researches. Financial aids and awards are given to the students who qualify the criteria. Some disabled individuals, disabled parents with children, or people who can't afford any other extra activities or advancements. Scholarship is an encouraging effort taken by the institution or government to help the students engage more on academic fields. Monetary awards and waving off the fees are the two ways by which scholarships are provided. Some people may recieve scholoships for dance or any sport, career wise, military, and many more. This is a very helpful tool for many people.
Hope this helps! Have a great day! :)
Answer: A financial award that does not need to be paid back.
Explanation: