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chubhunter [2.5K]
3 years ago
12

What is 500 dollars at 4% for 3 years

Mathematics
1 answer:
worty [1.4K]3 years ago
7 0
500 +  (\frac{100 + 4}{100})^{3} = $<span>562.432.
</span>
original amount + ((100 + percentage) / 100)^number of years
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Answer:

60(5) = 300 :D

Step-by-step explanation:

First lets make the equation :)

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The appropriate journal entries to record the transactions are: Debit Accounts Payable/Starcraft Industries $560; Credit Purchases Returns and Allowances $560.

<h3>Journal entries</h3>

Jul. 7

Debit Accounts Payable/Starcraft Industries $560

Credit Purchases Returns and Allowances $560

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Credit Purchases returns and allowances  $400

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Therefore the entries to record the transactions are: Debit Accounts Payable/Starcraft Industries $560; Credit Purchases Returns and Allowances $560.

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