Answer:
$300 debit to Advertising Expense
Step-by-step explanation:
Answer:
The answer is C, D, and E
Step-by-step explanation:
Answer: 0.7
Locate the tenths place which is just to the right of the decimal point. We see a 6 in this spot. Just to the right of this 6 is the value 8. Since 8 is larger than 5, we bump the 6 up to 7 and erase everything else to the right. You can think of it like this
0.687 ---> 0.6 which bumps up to 0.7
This is like saying 687 is closer to 700 than it is to 600
Answer:
$359.42
Step-by-step explanation:
The difference in the investment values can be computed by making use of the formulas for the account balance in each case.
compound interest: A = P(1 +r)^t . . . . interest at rate r compounded annually
simple interst: A = P(1 +rt) . . . . simple interest at rate r
__
The account earning simple interest will have a balance of ...
A = $8000(1 +0.12×3) = $10,880
The account earning compound interest will have a balance of ...
A = $8000(1 +0.12)^3 ≈ $11,239.42
The difference between the two investments is ...
$11,239.42 -10,880 = $359.42
