If your BAL is at .04

Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjustin

irina [24]

Explanation:

the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day

3 0

2 years ago

everything else held constant, the interest rate on municipal bonds rises relative to the interest rate on treasury securities w

posledela

Interest rates would increase since the tax-exempt status of municipal bonds would lose some of its appeal and there would be less of a market for them as a result of the lower income tax rates.

When the income tax rate is reduced for municipal bonds, the value of the bonds will also decline because the tax-exempt status for the bonds will also be reduced as a result of the lower income tax rate. Additionally, it lessens the demand for municipal bonds.

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6 0

1 year ago

You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of

Alex

Answer:

You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of your balance will remain?

The percent balance will remain 90%

Explanation:

$1725.25 - $167.50= $1557.75

percentage left= 1557.75/1725.25 X 100

percentage left= 90.291= 90.30%

6 0

3 years ago

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Twenty years ago, you won a state lottery, and you received $15,000 at the end of each of the next 10 years, and $20,000 at the

oksian1 [2.3K]

The value of the amount won at the lottery at the end of 20 years is $723,672.24.

<h3>What is the value at the end of 20 years?
</h3>

The formula for calculating future value of annuities is: yearly amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

r = interest rate
n = number of years

Annuity factor for the first ten years = [(1.09^10) - 1] / 0.09 = 15.19293

15.19293 x $15,000 = $227,893.95

Annuity factor for the last 5 years = [(1.09^5) - 1] / 0.09 = 5.9847

5.9847 x 20,000 = $119,694.21

Future value of the lump sum of $227,893.95 in 10 years = $227,893.95 x (1.09^10) = 539,507.86

Future value of the lump sum of $119,694.21 in 5 years = $119,694.21 x (1.09^5) = $184,164.38

Value in year 20 = $184,164.38 + 539,507.86 = $723,672.24

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4 0

2 years ago

Do you pay attention to the price on the stocks on the stock market? Why or why not? Do you think it is beneficial to individual

defon

Yes i do pay attention to the price on the stocks on the stock market, it benefits me to do so because it helps me keep track of my purchase:)

5 0

3 years ago

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