Answer:
a.(bees OR flowers) AND dickinson
Explanation:
We defenitevily want Dickinson in our search as it is the writer we are interest on. Thus the statment should be and AND as an OR may leave it off the equation. and the system will look for bees or flowers from pretty much any writer. Dickinson is an exclusive factor.
Then, from the topoc of his poetry we look for bees or flowers at an equal interest. With findings of just one of these two concepts we are satisfied thereofre and OR statement is the way to go.
Answer:
A
Explanation:
To answer the question, we look at an extreme scenario of 0% interest rate and see the minimum repayment Jade will make on the loan taken
Therefore,
Interest Rate = 0%
This means that the loan to be paid will be calculated as follows
Monthly payments x 12 Months x 14 Years
= $195 x 12 months x 14 years = $32, 760
The meaning of this outcome is that the lower the interest rate to be paid, the higher the size of the loan, because at 2.9% the loan= $26,898.98 and at 0% rate the loan= $32, 760.
The conclusion therefore is a 2.7% interest rate which is lower than 2.9% but not as low as the extreme 0% will cause the loan amount to be higher than $26,898.98. This affirms option A.
Options B and C are wrong because 2.5% and 2.3% are lower than 2.9%, therefore, the loan amount will be higher. Option D is also wrong because a 3.1% interest rate is higher than 2.9%, therefore, the amount should be lower not higher than $26,898.98
pv = previous value =2,000
r =rate= .05/4
n= number of periods = 5*4=20
This is the formula.
Answer:
The answer is $12,297.
Explanation:
Denote x is the minimum amount of after-tax annual savings (including depreciation effects) needed to make the investment yield a 12% return.
As required in the question, at $X annual after-tax saving, the net present value of the project discounted at the required return 12% will be equal to 0. So, we have:
- Net initial investment + Present value of cash inflow from asset disposal in 5-year + Present value of 5 after-tax annual savings = 0 <=> -50,000 + 10,000 x 0.567 + X x 3.605 = 0 <=> 3.605X = 44,330 <=> X = $12,297 (rounded to the nearest whole dollar).
Thus, the answer is $12,297.
Answer:
Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400
Explanation:
The journal entry is given below:
Insurance expense ($4800 × 1 ÷ 12) $400
Prepaid Insurance $400
(To record insurance expense)
Here the insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets
