Answer:
The effective annual rate is 10%
Explanation:
Future value = Present value * (1+r)^n
(1+r)^n = Future value / Present value
r = (Future value / Present value)^n - 1
Here r is the rate
Substitute the values as below
r = (Future value / Present value)^n - 1
r= ($100,000 / $97,654)^4 - 1
r = 1.10000 - 1
r = 0.10000
r = 10%
Answer: some of microsofts competitors
Explanation:
The antitrust laws is a law that is intent is to prevent companies from playing dirty to make and boost their profits. In recent years, the most famous restrictive practices case of the last several decades involved a series of lawsuits by some of microsofts competitors.
The antitrust laws ensures that a compan is not the only one that control the market, and also does not inflate prices. In 1998, Microsoft was accused that the company wanted dot create a monopoly by giving its browser software for free and was sued.
Also recently, few days before the introduction of Windows Vista by Microsoft to European consumers, there was a group of competitors that said that the European antitrust law was violated by the Windows Vista because it will lead to the decrease in demand for their own applications that are less popular. Some of the competitors involvee in this were International Business Machines Corp., Adobe Inc., RealNetworks Inc., Nokia Corp., and Sun Microsystems, Inc.
Disinflation is <span>a condition in which the price increases are slowing.
When the price increase is slow it means inflation rate (rise in the price of goods and services) is declining. Disinflation could lead to deflation, if the condition is this that the inflation rate is already low. May be decrease in the money supply and growth rate is the reason disinflation happens.
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Answer:
Explanation:
The journal entry is shown below:
1st July Debit Prepaid insurance $13620
Credit Cash $13620
31st December Debit Insurance expenses $2270
Credit Prepaid insurance $2270
Insurance expense was calculated as:
= $13620/3 years × 6months/12months
= $4540 × 1/2
= $2270