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3 years ago

In the us economy the money supply is controlled by the

1 answer:

5 0

The money supply is controlled by the Government. Its spending or changing taxes.

Hope this helped. Have a great day! :D

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Your girlfriend just won the Florida lottery. She has the choice of $15,000,000 today or a 20-year annuity of $1,050,000, with t

Makovka662 [10]

Answer:

3.44%

Explanation:

For this question we use the RATE formula that is shown on the attachment

Data provided in the question

Present value = $15,000,000

Future value or Face value = $0

PMT = $1,050,000

NPER = 20 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the rate pf the return is 3.44%

3 0

3 years ago

There are many ways to cash-flow your college education without going into debt. Provide a minimum of five options for cash-flow

Schach [20]

Answer:

You can form sentences from the five options.

Scholarship
Part time Job
Choose a college you can afford
Stay Local
Live at home for a couple of years
Start with a community College
Take courses online

Explanation:

5 0

3 years ago

You need to earn 6% annul real rate of return and, in addition, you need to keep up with the annual inflation rate. Exactly 4 ye

Sever21 [200]

Answer:

"4,000" is the appropriate option.

Explanation:

Given:

Real interest rate,

= 6%

Inflation rate,

= 2%

Annual deposit,

= $20,000

Now,

The nominal interest rate will be:

= $Real \ interest \ rate+Inflation \ rate$

= $6+2$

= $8$ (%)

As per the annual deposit, I was making,

= $20000\times 0.6$

= $1200 \ every \ year$

Inflation rate rise 3% i.e.,

= $2+3$

= $5$ (%)

Just to earn 1200, I have to:

= $\frac{1200}{0.05}$

= $24,000$

Thus the above is the appropriate answer.

4 0

3 years ago

In 2016, the city of Vancouver collected $500,000 in taxes and spent $450,000. In 2016, the city of Vancouver had a

inn [45]

$50,000 tax surplus.

3 0

3 years ago

At year-end, Yates Company estimates that $1,500 of its accounts receivable balance is uncollectible. Yates uses the allowance m

zimovet [89]

Answer:

debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts

Explanation:

The journal entry needed to record the adjusting entry by using the allowance method is given below:

Bad debt expense

To Allowance for doubtful debts

(Being bad debt expense is recorded)

Here the bad debt expense is debited as it increased the expense and credit the allowance as it decreased the assets

5 0

3 years ago