Answer:
Explanation:
Before showing how short term debt should be presented before doing this we have to classify the items in each head
Like - In current liabilities, notes payable is recorded at $11,500
And, in the long term liabilities, the proceed after brokerage fees for $1,147,500 should be recorded.
The total amount would remain the same i.e $1,159,000
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Fill out the FAFSA. You must complete the FAFSA (Free Application for Federal Student Aid) to qualify for: Federal and most state grants, scholarships, low-cost student loans, and work-study programs<span>. The Pennsylvania State Grant Program and other state programs.
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The Arrive Alive campaign was launched to prevent road accidents or at least lessen the instances of accidents due to drunk driving and reckless driving.
The advantages of this campaign are:
1. It promotes awareness among drivers to drive safely.
2. It educates drivers on the rules and safe acts when on the road.
The disadvantages of this campaign are:
1. It does not completely eliminate the risk of accidents due to drunk and reckless driving. It merely 'educates' the drivers about safe acts.
2. It still allows the drivers to drink and drive but at 'allowable alcohol level' which does not help at all.
In the end, the Arrive Alive campaign failed.
A downfall of the infant-industry argument is that o<span>nce established, a tariff is politically difficult to remove.
For new industries, it almost impossible for a new startup to compete against a well-established industry unless they have a unique differentiation in their product.</span>
Answer:
Amount per month (A) = $200 + $0.50 x $200 = $300
Interest rate (r) = 8.25% = 0.0825
Number of years (n) = 30 years
No of compounding periods in a year (m) = 12
Future value = ?
FV = A(1 + r/m)nm - 1)
r/m
FV = $300(1 + 0.0825/12)30x12 - 1)
0.0825/12
FV = $300(1 + 0.006875)360 - 1)
0.006875
FV = $300(1.006875)360 - 1)
0.006875
FV = $300 x 1,568.218999
FV = $470,465.70
The correct answer is D
Explanation:
In this case, there is need to apply the formula for future value of an ordinary annuity on the ground that compounding is done monthly. In the formula, monthly deposit (A) is $300, number of years is 30 years and interest rate (r) is divided by 12 because compounding is done on monthly basis. The number of years is also multiplied by the number of times interest is compounded in a year.
