0
What else can I help you with?
Is it true of false that profit is the difference between earned income and costs?
True. Profit is defined as the difference between earned income (revenue) and costs (expenses). If income exceeds costs, a profit is generated; if costs exceed income, a loss occurs.
What factor of production is represented as interest earned on investments?
capital
What is the difference between gnp and nni?
Gross National Income is the total income earned by citizens of a nation wherever they are, Net National Income is a measure of the income earned by households, whether they receive it or not. NNI = GNP - depreciation - indirect taxes
Where does the bank get its money from?
Banks get their money from deposits made by customers, as well as from interest earned on loans and investments.
How can one determine the nominal interest rate for a loan or investment?
To determine the nominal interest rate for a loan or investment, you can calculate it by dividing the total interest paid or earned by the principal amount, and then multiplying by the number of periods per year. This will give you the annual nominal interest rate.
Difference between earned and unearned income?
earned income: your paycheck, and salary unearned income: interest on ur savings, interest ;)
What is the difference between CD interest at maturity and monthly interest payments?
CD interest at maturity is the total interest earned on a certificate of deposit when it reaches its maturity date, while monthly interest payments are the interest earned and paid out on a monthly basis.
What is the percent charged or earned on an amount of money?
Rate of interest.
What is the difference between APY and interest rate?
The difference between APY and interest rate is that APY (Annual Percentage Yield) takes into account compound interest, while the interest rate does not. APY reflects the total amount of interest earned on an investment or savings account over a year, including the effect of compounding.
What is the difference between annual rate and annual yield?
The annual rate is the interest rate charged on a loan or investment, while the annual yield is the actual return earned on an investment, taking into account factors like compounding and reinvestment of earnings.
What is the difference between taxable and tax-exempt bonds?
Taxable bonds are subject to federal income tax on the interest earned, while tax-exempt bonds are not subject to federal income tax on the interest earned.
What is the difference between interest rates and interest costs?
Interest rates refer to the percentage charged on borrowed money or earned on savings, typically expressed annually. In contrast, interest costs are the actual monetary amount paid in interest over a specific period, which can be influenced by the interest rate, the principal amount borrowed, and the duration of the loan. Essentially, the interest rate is a rate, while interest costs reflect the total expense incurred due to that rate.
What is the difference between APY and interest rate when it comes to a CD?
The APY (Annual Percentage Yield) includes compound interest, while the interest rate does not. This means that the APY reflects the total amount of interest earned over a year, taking into account compounding, while the interest rate only shows the flat rate of interest earned without compounding.
What is the difference between earned income and ordinary income?
Earned income refers to money earned through active work, such as wages or salaries. Ordinary income includes all types of income, including earned income, interest, dividends, and capital gains.
Can you explain the difference between APR and APY in terms of calculating interest rates?
APR (Annual Percentage Rate) is the annual rate charged for borrowing or earned through an investment, while APY (Annual Percentage Yield) takes compounding into account. APR does not consider compounding, while APY reflects the effect of compounding on the interest rate.
What is the difference between simple interest earned and simple interest paid?
Simple interest earned refers to the income generated from investments or savings based on a principal amount, time period, and interest rate, benefiting the investor. In contrast, simple interest paid refers to the cost incurred on borrowed funds, calculated similarly based on the principal amount, time, and interest rate, which the borrower must repay. Essentially, interest earned adds to one's wealth, while interest paid represents an expense. The key difference lies in the perspective of the party involved—investor versus borrower.
What the difference between actual value and earned value?
The difference between the Actual Value & Earned Value is the Project Cost Variance
