Answer:
B. search; experience
Explanation:
tangible products have search properties, whereas services have experience properties
Answer:This violates no federal law
Explanation:
Federal laws are bills that have passed both houses of Congress, been signed by the president, passed over the president's veto, or allowed to become law without the president's signature. Individual laws, also called acts, are arranged by subject in the United States Code.
<span>If the asset was recorded as having a historical cost of $14,725, then that amount is its initial book value, from which depreciation is subtracted. If the asset had accrued $10,000 in depreciation, then its book value at the time was $4,725. As such, if the asset was disposed with no market value, its disposal will be reflected as a book loss of $4,725.</span>
Answer:
Present Value= $11,523.99
Explanation:
Giving the following information:
Oven looks at his account and notices that if the current monthly interest rate stays constant he is expected to have $45,000 in 6 years and $89,000 in 9 years.
First, we need to calculate the interest rate compounded monthly using a variation of the future value formula:
FV= PV*(1+i)^n
Isolating i:
i= [(FV/PV)^(1/n)] - 1
FV= 89,000
PV= 45,000
n= 3*12= 36
i= [(89,000/45,000)^(1/36)]-1= 0.0191
i= 0.0191*100= 1.91% compunded monthly
Now, we can calculate the present value:
PV= FV/(1+i)^n
n= 6*12= 72
i= 0.0191
PV= 45,000
PV= 45,000/(1.0191^72)
PV= 11,523.99
