Answer:
Value of investment after 10 years will be $738244
Explanation:
We have given that Jason Allen is planning to invest $26000 today in mutual fund
So present value P = $26000
Rate of interest r = 11 %
Time period n = 10 years
We have to find the amount after 10 years
We know that amount is given by
, here A is future value , P is present value r is rate of interest and n is time period
So amount after 10 year will be 
=
So value of investment after 10 years will be $738244
Buying goods and services not for their intrinsic value but for the purpose of impressing others is called Conspicuous consumption.
What is Conspicuous consumption?
Conspicuous consumption is the act of acquiring things or services specifically with the intention of flaunting one's wealth. When publicly displayed products and services are too expensive for other people in a person's class, conspicuous consumption is a way to demonstrate one's social position. Although it is frequently associated with the wealthy, this type of consumerism can occur in any income class.
Conspicuous consumption is characterized by buying products that are solely intended to serve as symbols of wealth, such as apparel with luxury brand labels, cutting-edge equipment and toys, and automobiles.
To know more about Conspicuous consumption refer:
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Because you would want to enjoy what you wanna be if u didn’t then you maybe wouldn’t do it corrected because your not enjoying it. Hope this helps!
Answer:
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
Explanation:
When items are purchased using cash, the corresponding credits in such transactions are recorded in the cash account. Where the item is purchased on account (or credit), the credit is posted to accounts payable.
Total worth of the office furniture = $170 + $540 = $710
The total debit for this will be recorded in the office furniture account.
Hence to recognize the transaction,
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
After the segmenting and defining their target markets, the next step that the retailers should take into consideration is the type of goods that they are going to sell. This answers the question, "What?" For example, being located near the schools, their target market are the students and they should also consider what type of goods are the students mostly in need of.
