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3 years ago

Scientist estimate that sea level has risen about what over the past 100 years

1 answer:

4 0

New research indicates that the ocean could rise in the next 100 years to a meter higher than the current sea level -- which is three times higher than predictions from the UN's Intergovernmental Panel on Climate Change,

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Your wealthy uncle established a $2,100 bank account for you when you were born. For the first 9 years of your life, the interes

zloy xaker [14]

The future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

<h3>What is future value?</h3>

The future value of an amount is the value obtained in the future after compounding at an interest rate.

The future values after years 9 and 23 can be determined using an online finance calculator as follows:

<h3>Future Value of $2,100 after 9 years:</h3>

N (# of periods) = 9 years

I/Y (Interest per year) = 4%

PV (Present Value) = $2,100

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $2,988.95

Total Interest $888.95

<h3>Future Value of $2,988.95 after 14 years:</h3>

N (# of periods) 14 (23 - 9)

I/Y (Interest per year) = 2%

PV (Present Value) = $2,988.95

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $3,943.86

Total Interest $954.91

Thus, the future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

Learn more about future values at brainly.com/question/24703884

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6 0

2 years ago

Sagon Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of September. Prio

Romashka [77]

Answer: Manufacturing overhead for the month was underapplied by $19,000.

Explanation:

From the question, we are informed that before the closing of the overapplied or underapplied balance to cost of goods sold, the total of the debits to the manufacturing overhead account was $75,000 and the total of the credits to the account was $56,000.

This implies that the manufacturing overhead for the month was underapplied by ($75000 - $56000)= $19000. The manufacturing overhead debit balance shows that manufacturing overhead was simply underapplied in this case.

6 0

4 years ago

Which of the following best describes the amount of money you'll have if you put $1,000 into a savings account earning 1% annual

Luden [163]

I'd choose C. slighltly more than $1100

7 0

3 years ago

If consumption expenditures are $500 million, net investment is $100 million, depreciation equals $5 million, imports are $50 mi

erik [133]

Your answer is........C) $830 million.

8 0

3 years ago

Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2

Natali5045456 [20]

Answer:

Journal Entry

May 3

Dr. Allowance for doubtful accounts $2,800

Cr. Account Receivable $2,800

Explanation:

When a receivable of the business is considered to be non-collectible from a customer, it is written off from the accounts. This event will decrease the account receivable balance and allowance for the doubtful accounts too. a Debit entry in the Allowance for doubtful account and a credit entry in accounts receivable is made to incorporate the effect of this transaction.

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3 years ago