Cash makes it easier to budget and stick to it. Its easier to track exactly how much money you are spending.
Answer:
$9583.89
Explanation:
value of each payment (P): $2,100
interest rate per period (r): 12/100 = 0.12
number or periods (n): 7
present value of annuity (PV): ??
using the annuity formula: 
PV = $9583.89
Answer:
between 1898 and 1906, immigration increased dramatically.
Depreciation is the accountant's estimate of the cost of tangible asset used up in the production process.
<h3>What is the meaning of depreciation?</h3>
This is the term that has to do with the way that the value of an asset would start to reduce over a period of time. It is used to tell us that the useful life of the asset is on decline due to the fact tat it has been in use for a considerable period of time.
Hence we can say that Depreciation is the accountant's estimate of the cost of tangible asset used up in the production process.
Read more depreciation here: brainly.com/question/1203926
#SPJ1
Since the cost of $20,000 has been incurred two years ago, the firm should check and see as to how many units of the product were produced in the two years. Did the firm produce enough items to break even the cost of acquisition. Additionally the business should also check the current market value of this two year old equipment. The business manager should weigh in the savings that is to be obtained from outsourcing along with the resale value of the old machine and then take a declension as to whether the company should go for outsourcing. Also, the business manager must examine whether the outsourcing can happen for the long run. This is because two years down the line, outsourcing may have increased the cost and again another process may look attractive. So a through cost benefit analysis should be made before taking a decision.
