Answer:
$272,942.36
Explanation:
The formula for calculating future value = A (B / r)
B = [(1 + r) ^mn] - 1
FV = Future value
P = Present value
R = interest rate
m = number of compounding per month
N = number of years = 0,0525 /12 = 0,004375
$1,000 (1.004375)^180 - 1 / 0,004375 =$272,942.36
Answer:
Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas, Capital Markets are used for long-term securities they have a direct or indirect impact on the capital. Capital markets include the equity market and the debt market.
Explanation:
Answer:
Her new balance is $395.34
Explanation:
You take the starting balance of $584.77 and subtract it by the amount spent which was $189.43. Which gives you $395.34
Answer: 17,000
Explanation: nothing dont take my answer i guessed
The correct answers are, $1200 and -$200.
Sydney has taken depreciation on the shelves of $300. The amount of basis and the amount of the gain or loss recognized on the sale of the shelves are $1200 and -$200 respectively.
Explanation:
Fair market value at the date of conversion = $1,500
Depreciation on the Shelves = $300
Basis = Fair market value - Depreciation
Basis = $1500 - $300 = $1,200
So Basis = $1,200
Now
Sale Price of Shelves = $1,000
Adjusted Basis = $1,200
Loss would be = Sale price - Adjusted Basis
Loss = $1000 - $1200
Loss = -$200
So, Loss = $200
Learn more about depreciation at:
brainly.com/question/10456007
#LearnWithBrainly
