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Two years after Sean deposited $5000 in a savings account that earned interest at 6% compounded monthly, the rate of interest was changed to 6.4% compounded semi-annually. How much was in the account fifteen years after the deposit was made?
Profit Models
Profit models describe the ways in which a business generates revenue and profits, including the identification of revenue sources, cost structures, and profit margins.
Risks
Potential events or conditions that could have a negative impact on objectives, operations, or outcomes, requiring management and mitigation strategies.
Budgets
Detailed forecasts of income and expenditure for a set period of time, outlining financial plans and goals.
Weaknesses
Internal limitations or flaws that adversely affect an organization's performance and ability to achieve its objectives.
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