SmolBeanPotato
05.08.2021 •
Business
Interest-on-Interest Consider a $1,600 deposit earning 5 percent interest per year for 8 years. How much total interest is earned on the original deposit (excluding interest earned on interest)
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Ответ:
This is an example of "Strategic Planning".
Explanation:
Strategic planning refers to a process in which a company look at their vision and what they want to do and what are their goals in the future that are best for their company. A company should have their strategic planning committee, which consist of representatives that are best in their field to achieve the goals of the company or organization.