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dlinn [17]
2 years ago
10

You want to be able to withdraw $35,000 each year for 15 years. Your account earns 9% interest. a) How much do you need in your

account at the beginning
Business
1 answer:
Lina20 [59]2 years ago
4 0

Your interests are activities that you enjoy doing and subjects that you enjoy spending time learning. Are interest. When something interesting, it draws your attention and makes you want to learn more about it: less interesting was discussed.

Interest is the money paid to spend someone else's money. An interesting example is $ 20 in this year's savings account. An example of interest is the $ 2,000 paid on a mortgage this year.

Interest is paid for a lifetime but disappears upon death (especially from the property).

Learn more about interest at

brainly.com/question/16134508

#SPJ4

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Can someone please help me
Ksenya-84 [330]

Answer:

you don't need to ask answer here just look up the definition and it will tell you the answer by the way the answer is letter B

Explanation:

6 0
4 years ago
Read 2 more answers
A seasoned loan is a: (a)loan with a payment record. (b)long-term loan. (c)first encumbrance. (d)None of the above
den301095 [7]

Answer:

The correct answer is A

Explanation:

Seasoned loan is the loan which is defined as the loan that has been made out for at least a year, in which the borrower of the loan has a good history in relation to the payment of the loan. It is considered a sign that the loan will be unlikely to default. And it may command the higher prices on the secondary market.

In short, it is defined as the loan which has been paid on time and the adequate amount of time to give the lender, the belief that it will be continue in this way.

So, it is a loan with the payment record of the payments made by the borrower.

7 0
3 years ago
A supermarket expects to sell 1000 boxes of sugar in a year. Each box costs $2, and there is a fixed delivery charge of $20 per
Strike441 [17]

Answer:

Order size = 200 units

Number of order  = 5 times

Explanation:

<em>The number of order per year  will be equal to the Annual demand divided by the EOQ.</em>

<em>No of orders = Annual Demand / EOQ</em>

Economic order quantity (EOQ)

The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.

It is computed using he formulae below

EOQ = √(2× Co× D)/Ch

Ch- Carrying cost per unit per annum-  $1

Co- Ordering cost per order -20

EOQ =√(2× 20× 1000)/1

        = 200 units

Order size = 200 units

Number of order = 1000/200 = 5 times

4 0
4 years ago
The study done by the Committee of Sponsoring Organizations (COSO) on financial statement frauds that occurred during the period
Nadya [2.5K]

Answer:

Most of these firms had audit committees that met at least four times a year.

Explanation:

COSO stands for Committee of Sponsoring Organization, which is an organization that is dedicated to offering the thought of guidance as well as leadership on the fraud deterrence, internal control and management of  enterprise risk.

From the findings which is not found as fraud is that the most of the firms or businesses had committees of audit which met at least 4 times a year.

3 0
3 years ago
A plan that lists the types and amounts of selling expenses expected during the budget period is called a(n):________
skad [1K]

A plan that lists the types and amounts of selling expenses expected during the budget period is called a selling expense budget.

The making of selling expense budget is the responsibility of the sales department. This budget includes selling expenses such as sales salaries,  commission of sales , advertising and  sales office rent, shipping expenses or sale supplies.

Selling expenses can be both fixed as well as variable.

Selling expenses are mostly comprised of Operating Expenses, like rent, payroll, utilities, and advertising . Direct costs are another type of spending which shows what is spent on the goods and services which are sold.

To know more about selling expense budget here:

brainly.com/question/18242060

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3 0
2 years ago
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