Answer:
$106.17
Explanation:
Data provided in the question:
Amount received i.e the Principle amount = $100
Time for which money is kept in savings account, n = 12 months
Interest paid per month by the bank , r = 0.5% monthly
Now,
Future value = principle × ( 1 + r )ⁿ
or
Future value = $100 × ( 1 + 0.005 )¹²
or
Future value = $106.17
Answer:
C) $1,500.
Explanation:
The computation of the insurance expense is shown below:
The insurance expense would be equal to the expired amount of the prepaid insurance i.e $1,500
The adjusting entry is as follows
Insurance expense A/c Dr $1,500
To Prepaid Insurance $1,500
(Being insurance expense is recorded)
Therefore, the balance of the prepaid insurance is ignored.
The three main logical operators are ___and_____, ____or_____, and ____not____.
No, a combined profit or loss of oligopolistic firm can never be higher than those of a monopoly with the same costs as those of firms combined.
<h3>What is an Oligopoly Firm ?</h3>
An oligopoly is a establishment characterized by a small number of enterprises who realize they're interdependent in their pricing and affair programs. The number of enterprises is small enough to give each establishment some request power. Oligopoly is distinguished from perfect competition because each establishment in an oligopoly has to take into account their interdependence; from monopolistic competition because enterprises have some control over price; and from monopoly because a monopolist has no rivals.
In general, the analysis of oligopoly is concerned with the goods of collective interdependence among enterprises in pricing and affair opinions.
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Answer:
practice at least two times per day