Answer:
You may reach your long-term goals quicker by putting your cash into a savings account or certificate of deposit with a high interest rate, or by investing, especially if you don’t plan to use this money for at least five years — say you’re starting a college fund for your newborn. That way you’ll allow time to build up a positive return.
Explanation:
If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.
<h3>Present value of the land</h3>
Using this formula
Present value=Income/Rate per annum
Let plug in the formula
Present value=$10,000/0.05
Present value=$200,000
Therefore If a piece of land produces an income that grows by 5% per annum. The value of the land is $200,000.
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Plants employ photosynthesis to convert water, sunshine, and CO2 into oxygen and simple sugars that the plant may use as fuel. It is it important to add fertilizer to some soils because fundamental producers serve as the foundation of an ecosystem, fueling the subsequent trophic levels.
<h3>What is the photosynthesis process?</h3>
In the photosynthesis process, plants absorb carbon dioxide (CO2) and water (H2O) from the air and soil during photosynthesis. Water is oxidative within the plant cell, which means it loses electrons, but carbon dioxide is reductive, which means it receives electrons.
This converts water to oxygen and nitrogen to glucose. Photosynthesis is often used by plants to transform water, sunlight, and CO2 into oxygen and simple carbohydrates that the plant may utilize as fuel.
Therefore, Some soils require nutrients because basic producers contribute as the base of an ecosystem, feeding succeeding trophic levels.
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Answer:
The correct answer is option C.
Explanation:
When we save we deposit it in the bank and do not loan it out directly. But the bank keeps a certain portion of it and lends out the rest to those who need credit. So, the savings that we deposit in the bank become the basis of credit creation.
That is why the statement about saving and lending given in the question is incorrect.
Answer:
An expense account normally has a debit balance.
