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1 year ago

find the accumulated amount at the end of 9 months on an $800 deposit in a bank paying simple interest at a rate of 6% per year.

1 answer:

7 0

As per the given figure, after calculating the accumulated amount, the figure that has been arrived is $1,232.

<h3>What is the accumulated amount?</h3>

Accumulated value or accumulated amount, both are synonyms. It is used to refer to the cash value. Basically, this means there is an easy way of calculating the accumulated value.

All one has to do is to find the total or the sum of the initial investment and, in that addition, the interest which has been earned till date will be added. Formula for calculating the simple interest is

Accumulated amount =Principal amount (1+rate * time)

Here Principal amount = $800, rate= 0.06, time=9 months

Accumulated amount = 800 (1+(0.06*9) = 800 (1+ 0.54 ) = $1,232.

Thus, the accumulated amount for the given data is $1,232.

Learn more about accumulated amount from here:

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3 years ago

What is capitol gain?

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Explanation:

It is the amount of profit gained by the organization by selling the stock, bond or other real estates.

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4 years ago

Prepare a statement of cash flows

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Answer:

Required 1

1. operating activities (OA) and investing activities (IA)

2. financing activities (FA)

3. financing activities (FA), operating activities (OA) and investing activities (IA)

4. financing activities (FA)

5. operating activities (OA)

6. financing activities (FA)

Required 2

<u>All-Star Automotive Company</u>

<u>Statement of cash flows for the year ended 2013</u>

Cash Flow from Operating Activities

Service Revenue $25,000

Salary Expense Paid - $14,000

Utilities Expenses - $2,800

Net Cash from Operating Activities $8,200

Cash Flow from Investing Activities

Land Purchase - $6,000

Proceeds from Sale of Land $9,000

Net Cash from Investing Activities $3,000

Cash Flow from Financing Activities

Issue of Common Stock $50,000

Loan Payable Acquired $5,000

Repayment of Loan - $2,000

Dividends Paid - $5,000

Net Cash from Financing Activities $48,000

Movement during the year $59,200

Cash and Cash Equivalents at the Beginning $9,000

Cash and Cash Equivalents at the End $68,200

Explanation:

Cash Flow from Operating Activities

This section shows the cash derived from daily operating activities of the business .

Cash Flow from Investing Activities

This section shows the cash derived from acquisition or sale of tangible and intangible assets of a long term.

Cash Flow from Financing Activities

This section shows the cash derived from the sources of finance and the repayments thereoff.

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3 years ago

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Answer:

The speed of the car is 67.77 m/s and it is moving away from the observer.

Explanation:

The apparent frequency is given as

$f' = f\dfrac{ [v - vo]}{ [v - vs]}$

Here

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s is the source which is car

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f = true frequency emitted by the car (when stationary)

f ' = 0.835 f

$f' = f\dfrac{ [v - vo]}{ [v - vs]}\\0.835 f= f\dfrac{ [v - vo]}{ [v - vs]}\\0.835 = \dfrac{ [343 - 0]}{ [343 - vs]}\\0.835=\frac{343}{343-x}\\x=-67.77 m/s$

The speed of the car is 67.77 m/s and it is moving away from the observer.

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