Answer:
11 years
Explanation:
For computing, the number of years or the account will be fully depleted we need to apply the NPER formula i.e to be shown in the attachment below:
Given that,
Present value = $100,000
Future value = $0
PMT = $12,000
Rate of interest = 5%
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the number of years in which the account is depleted is 11 years
It is u the definition is u its just u
Answer:
$800
Explanation:
Pedro's tuition costs of $6,000 is a personal expense and does not qualify as a charitable contribution.
Pedro's donation to the church of $1,000 is charity, but he has to deduct the registration fee of $200 from it. Thus, his total charitable contribution is $1,000 - $200 = $800
Answer:
a. subtract the company's expenses from its revenue.
Explanation:
For computing the profit or loss we simply deduct all the expenses incurred from the revenue earned.
If the revenue is more than the expenses than it would profit to the company
And, if the revenue is less than the expenses than it would be loss suffered by the company
In mathematically,
Net income = Total revenues earned - all expenses incurred
And, the net loss = All expenses incurred - total revenues earned
Hence, the first option is correct
Answer:
<em>Primary Market</em>
Explanation:
A primary market <em>announces new bonds to get funding by debt-based or equity-based bonds on an exchange for businesses, governments, and other entities.</em>
Primary markets are promoted by subscribing investment bank groups that set a starting price target for a provided security and monitor its sale to shareholders.
After the initial purchase is complete, additional selling takes place on the secondary market, where the majority of trade takes place every day.
