We will examine the annual growth rate of the following question.
Formula for calculating the annual growth rate is Growth Percentage Over One year =[ (F÷S) ¹/y - 1] ₓ 100
where F= final value
S= start value
y= Number of years.
(1,350000÷150) y= 2010-1895=115
∴ [(1,350,000÷150) ¹/₁₁₅ - 1] × 100
= (9000¹/₁₁₅ - 1) ₓ 100
= (1.082393 - 1) ₓ 100
= 8.24%
Over the course of 115 years the winners prize money grew from $150.00 to $1,350,000.00, its annual growth rate = 8.24%
Please Note, raising a value a to the ¹/<em>b</em> exponent is equivalent to taking the <em>b</em>th root of a. You will likely need a calculator with an "
<em>" </em>button, or a good online calculator.
Couldn't find the basic symbols, had to improvise.
Answer: Option (B) is correct.
Explanation:
Capital contribution by David = $40,000
Interest of David in partnership = 
Total capital of the partnership after the admission of new partner:
= 
= $200,000
Total capital of partnership before decreasing of obsolete inventory:
= $140,000 + $40,000 + $40,000
= $220,000
Therefore, value of decrease in inventory:
= Total capital before decrease - Total capital after decrease
= $220,000 - $200,000
= $20,000
The reduction in value of inventory will be distributed in old partners in ratio of 3:1
Hence,
Capital balance of Allen after admission of David:
=
= $125,000
Capital balance of Daniel after admission of David:
=
= $35,000
Umm... I can't find the choices... So, those are the choices I made up that are correct to your question.
- Spills covering grounds or falling hazards, such as blocked paths or cords going over the ground.
- Working from heights, including ladders, scaffolds, roofs, or an elevated workspace.
- Unguarded device and moving machine pieces; guards dismissed or moving pieces that a worker can unintentionally touch.
Answer:
Your answer is D. All of the above
Explanation:
Answer:
D. $ 16 comma 619
Explanation:
Mortgage Installment is compromised of the interest and principal payment. The principal value is calculated by deducting the interest on opening balance of mortgage from installment of the year.
Mortgage Amortization schedule
Date Installment Interest Principal Balance
January 1, 2018 110,000
January 1, 2019 29,066 (110,000x15%) 16500 12,566 97,434
January 1, 2020 29,066 (97,434x15%) 14,615 14,451 82,983
January 1, 2021 29,066 (82,983x15%) 12,447 16,619 66,364