The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.
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How to calculate the value?</h3>
We use the formula:
A=P(1+r/100)^n
where
- A=future value
- P=present value
- r=rate of interest
- n=time period.
Hence future value Javier will be:
=$15000*(1.052)^27
=$58,954.40
For Alex:
58,954.40=P*(1.062)^27
P=58,954.40/(1.062)^27
=$11618.61
Hence difference will be:
=15000 - 11618.61
= $3381.39
Learn more about interest on:
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Pro-you’re never lonely , you have someone to talk with , you and your partner are more open , it creates a healthy mentality’s, you’re able to communicate with each-other , learn and grow with each-other, learn together ,learn about one’s difficulties . Cons- end up hurt , lose trust , see everyone differently, learn from past experiences, become a better version of your self
Answer:
For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.
Explanation:
Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value
Explanation:
Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.
With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.
Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".
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