a house, duh, clothing can be hung and stored, potato chips are bagged, a magazine is almost useless, but a house needs plants trimmmed and rooms cleaned and taking care of bugs and such
As a percentage of GDP, the national debt consistently (A) rose from 1975 to 1995.
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What is the national debt?</h3>
- The public debt consists of both public and intragovernmental debt.
- The public holds the majority of the debt (more than $23.5 trillion).
- Treasury bills, notes, and bonds owned by US investors, the Federal Reserve, and foreign governments are included.
- From 1975 to 1995, the national debt continually increased as a percentage of GDP.
- A debt-ridden country will have less money to invest in its own future.
- Americans will have fewer economic opportunities as their debt levels rise.
- Rising debt discourages company investment and stifles economic progress.
- It also raises the anticipation of increased inflation rates and erodes faith in the US dollar.
Therefore, as a percentage of GDP, the national debt consistently (A) rose from 1975 to 1995.
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Answer:
the future value is $328,983.26
Explanation:
The computation of the amount that would be retired in 45 years is shown below:
As we know that
Future value = Present value × (1 + interest rate)^time period
= $5,000 × (1 + 9.75%)^45
= $328,983.26
Hence, the future value is $328,983.26
Answer:
$94.50
Explanation:
Calculation for the intrinsic value of stock
Using this formula
Intrinsic value of stock=Average P/E multiple oil stock*Amount to earn
Let plug in the formula
Intrinsic value of stock=18*$5.25
Intrinsic value of stock=$94.50
Therefore the Intrinsic value of stock will be $94.50
Answer:
$3250
Explanation:
Given that
Purchase price = 42000
Salvage value = 3000
Useful life = 3 years
Recall that using straight line method
Depreciation value per year = (purchase price - salvage value) ÷ useful life
Thus,
= 42000 - 3000 ÷ 3
= 39000 ÷ 3
= $13000.
By December 31, 2019, only 3 month of usage has gone
Thus, value of depreciation by Dec 31
= 3/12 × 13000
= 0.25 × 13000
= $3250
Depreciation value recorded by year end is $3250