Answer:
Value of investment after 10 years will be $738244
Explanation:
We have given that Jason Allen is planning to invest $26000 today in mutual fund
So present value P = $26000
Rate of interest r = 11 %
Time period n = 10 years
We have to find the amount after 10 years
We know that amount is given by
, here A is future value , P is present value r is rate of interest and n is time period
So amount after 10 year will be 
=
So value of investment after 10 years will be $738244
Answer:
deposit money
Explanation:
this is because it can not be online but checks are a way of transferring currency and so can not be currency so A deposit money is cancelled out answer
Jenny will move forward and Tom will move backwards.
Explanation:
The Journal entry is given below:-
1. Purchase Dr, $1,280
To cash $1,280
(being merchandise is purchased)
2. Cash Dr, $115
To Purchase return $115
(Being merchandise is returned)
3. Purchase Dr, $668
Freight In Dr, $43
To Account payable $771
(being Purchase on credit)
4. Account payable $50
To Purchase return $50
(Being purchase return is recorded)
5. Account payable $661
To cash $661
(Being cash is paid)
