Answer:
$1,779.90
Explanation:
Formula for finding the amount he has to save, this formula would be used :
Amount = FV / annuity factor
Annuity factor = [(1 + r)^n - 1 / r]
FV = Future value = $5920
n = number of years = 3
i = interest rate = 10.5
Annuity factor = (1.105^3 - 1 ) / 0.105 = 3.326025
$5920 / 3.326025 = $1,779.90
Answer:
a. Dr Depreciation expense $5,000
Cr Accumulated depreciation $5,000
b. Dr Interest receivable 750
Cr Interest revenue 750
c. Dr Unearned revenue 2,000
Cr Service revenue 2,000
Explanation:
Preparation to record the necessary adjusting entry for Huskies Insurance at its year-end of December 31.
a. Dr Depreciation expense $5,000
Cr Accumulated depreciation $5,000
(Being to adjust for Depreciation of Equipment)
b. Dr Interest receivable 750
Cr Interest revenue 750
(30,000*5%*6/12)
(Being to adjust for accrued interest)
c. Dr Unearned revenue 2,000
Cr Service revenue 2,000
(8,000*3/12)
(Being to adjust for accrued rent revenue)
Answer:
The economy of the Gilded Age was characterized by:
(i) economic growth and high unemployment among unskilled workers.
(ii) a deep recession in which high unemployment fueled massive and rebellious social change.
(iii) slow economic growth and high unemployment among the middle class.
(iv) rapid economic growth and social change.
Economy:
Economy simply indicates an arrangement in which the people are indulged in consumption, and other economic activities. No arrangement can ever be said as an economy without the prevalence of economic activities.
Answer and Explanation: 1
The correct answer is (iii) slow economic growth and high unemployment among the middle class
In the US, glided age resembles the scenario prevailing in the last phase of 19th century. The primary feature of this age is the slower pace of economic growth. This indicates when the economy is least indulged in industries. Also, several people stay unemployed despite lying within middle-income classes. This is because if the people lying in the middle class are unemployed, then it could be understood that poverty would be extreme in an economy.
Answer:
C. budgeting
Explanation:
The main components of money management that involve creating a plan for spending and saving during particular periods, such as a year, month, or week is known as BUDGETING
Budgeting is a part of the components of money management. It is an act of estimating the total expenses and income that deals with establishing a plan for spending and saving and usually gathered and regularly re-examine, including yearly, monthly, or weekly
Answer:
Self-management skills allow you to maximize your productivity, improve your workplace performance and efficiently achieve professional goals. Improving your self-management skills can help you increase your employability and better manage your career path.
Explanation:
<em>I </em><em>hope</em><em> it</em><em> help</em><em>.</em>
