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sveticcg [70]
4 years ago
5

Ann puts $300 in a bank account earning 4% interest. How much will she earn in interest in 1 year?

Business
1 answer:
Vanyuwa [196]4 years ago
4 0

your answer should be 12 !


Hope this helped, good luck in your future studies..

-A

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Jeff deposits 10 into a fund today and 20 fifteen years later. interest is credited at a nominal discount rate of d compounded q
Tanya [424]
<span>The following series of payments has present value zero: Contributions 10 20 100 ___________ ________ Time (in years) 0 15 30 The present value at time 10 of the payments at time 15 and at time 30 is â’20(1.03) to the power -10 + 100(1.03) to the power -40 = â’14.8818 + 30.6557 = 15.7738 This equals the present value at time 10 of the initial deposit, i.e. 10(1â’d/4) to the power -40 = 15.7738 So, d = 4.5318%</span>
3 0
3 years ago
Mather Company purchased equipment on January 1, 2018 at a total invoice cost of $336,000; additional costs of $6,000 for freigh
Paha777 [63]

Answer:

The accumulated depreciation at 31 December 2019 is $144000

Explanation:

When recording the purchase of a fixed asset, the asset should be recognized at cost at which the asset is purchased plus all the necessary costs that are incurred to bring the asset to the location and in the condition necessary to use as required and intended by the management.

The equipment purchased by Mather should be recorded as,

Cost of equipment = 336000  +  6000  +  30000  =  $372000

The freight and installation are non recurring and necessary expenses to bring the asset to the location and in the condition for use as intended by management. So, these expenses are capitalized.

The straight line depreciation charges a constant depreciation expense every year through out the useful life of the asset.

Straight line depreciation =  (Cost - Salvage Value) / estimated useful life

Straight line depreciation per year = (372000 - 12000) / 5

Straight line depreciation per year = $72000

So, the accumulated depreciation at 31 December 2019 is,

Accumulated depreciation = 72000 + 72000 = $144000

7 0
3 years ago
He contract that contains provisions for surface leases related to a property is the _____.
vfiekz [6]

The contract that contains provisions for surface leases related to a property is the <u>Farm</u><u> </u><u>and Ranch contract.</u>

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A void contract is a contract that fails a validity test and is therefore not a contract. A void contract is a contract that initially appears valid but may be terminated by a party deemed to have interfered in some way.

<u />

After a reasonable period of time, the contract is considered accepted and can no longer be objected to. Other examples include real estate contracts, attorney contracts, etc. If a contract is concluded without the free consent of the parties, it will be considered a void contract.

A voidable contract is a formal agreement between two parties that can be made unenforceable for a variety of legal reasons, including Errors, Misrepresentations, or Fraud. Excessive influence or coercion.

Learn more about contracts here brainly.com/question/984979

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8 0
2 years ago
Competitive advantage refers to:
True [87]

Answer:

d. refers to how a firm does something unique to create added value.

Explanation:

The competitive advantage is the advantage that is gained by the company over its competitors. It can be gained through various things like - reasonable product, best quality, and quantity, great services through which the customers of competitors could be the shift to the company.

The motive of this is to create some value added to the company products by considering the innovative ideas to attract the customers and maximize customer satisfaction that results to accomplish the company goals and objectives.

7 0
3 years ago
Louis Petit, a manager of Doggone Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its
Sergeeva-Olga [200]

Answer:

Fixed cost = $1100

Explanation:

given data

Highest bill = $3,800

lowest bills = $2,000

dog washed in May = 600

dog washed in November = 200

to find out

fixed cost associated with the company's water bill

solution

first we get here variable cost that is express as

variable cost = (Highest bill - Lowest bill) ÷  ( Dogs washed may - Dogs washed November )  ...........1

put here value we get

variable cost = \frac{3800-2000}{600-200}

variable cost = $4.5 per dog

so fixed cost will be here as

Fixed cost = Total cost to wash 600 dogs - Variable cost to wash 600 dogs

Fixed cost = $3800 - $4.5 × 600 dogs

Fixed cost = $3800 - $2700

Fixed cost = $1100

7 0
3 years ago
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