Answer:
Jordan
Explanation:
Given that :
JORDAN :
Principal (P) = $100
Compound interest rate (r) = 3%
AMOUNT AFTER 3 YEARS:
A = P(1 + r/n)^nt
n = number of times interest is applied per period
t = time ; A = final amount
A = 100(1 + 0.03)^3
A = 100(1.03)^3
A = 100(1.092727)
A = $109.2727
JUSTIN :
Principal = $100
SIMPLE INTEREST interest rate = 3%
A = P(1 + rt)
A = 100(1 +(0.03 * 3))
A = 100(1 + 0.09)
A = 100(1.09)
A = 1.09 * 100
A = final amount after 3 years = $109
Answer:
Advantage: Variety
Disadvantage: Poor work conditions
Explanation:
Explanation:
Factors that affect food storage:
Temperature: The temperature at which food is stored is very critical to shelf life.
Moisture: It is recommended to remove moisture when storing foods.
Oxygen: Foods store best when oxygen free.
Light: Light, a form of energy that can degrade the food value of foods.
Hope it's helpful to you
Answer:
Amount deductible as a charitable contribution=$175.
Explanation:
Given data:
Cost at which the ticket is purchased=$250
Actual cost of the ticket=$75
Required:
Amount deductible as a charitable contribution=?
Solution:
Any amount above the fair market value/Normal value will be the deductible charitable contribution.
In our case:
Amount deductible as a charitable contribution=Cost at which the ticket is purchased - Actual cost of the ticket.
Amount deductible as a charitable contribution=$250-$75.
Amount deductible as a charitable contribution=$175.
Answer:
$20,000
Explanation:
Bond discount at the issuance of bond:
= Worth of Bonds issued - [(Worth of Bonds issued ÷ 100) × Issue price]
= 705,000 - [($705,000 ÷ 100) × 98]
= $705,000 - $690,900
= $14,100
Bond Payable = $705,000
Unamortized bond discount:
= Bond discount at the issuance of bond - Amortized amount
= $14,100 - $8,200
= $5,900
Redemption Value of Bond = Retired price of bonds × 7,050
= 102 × 7,050
= $719,100
Loss on retirement on Bond:
= Redemption Value of Bond - (Worth of Bonds issued - Unamortized bond discount)
= 719,100 - (705,000 - 5,900)
= 719,100 - 699,100
= $20,000
