The parents would deposit $ 3150 on the second birthday.
Explanation:
The initial amount deposited on the first birthday- $ 3000
Incremental % for each year deposit- 5 %
Rate of Interest provided by the education savings account- 6%
The term for which they would be depositing- 18 years (until the baby turns of 18 years means 18 annual instalments)
The amount that parents would deposit on the second birthday-
The amount deposited by parents would be 5% more than the amount deposited by them on the previous birthday
Hence incremental amount would be 5% of 3000
(5/100) *3000= $ 150
The amount that would be deposited on 2nd birthday would be 3000+150= $ 3150
Answer:
Difference between traditional costing method and activity based costing method is mentioned as follows:-
- Traditional costing method is the technique in which products are implemented with indirect cost according to overhead rate whereas activity based costing relatively assign cost to product according to their activity in consumption.
- Traditional costing has easy implementation at low cost but activity based costing is costly and complex.
- Accuracy of traditional costing is low as compared with activity based costing
Answer:
The correct word for the blank space is: Plotters.
Explanation:
Plotters are high precision printing and cutting devices. They are used to print plans and projects. They are considered external devices that allow drawing o scheme diagrams and graphs. There are monochromatic plotters and other versions of four, eight, and twelve colors.
Answer:
I dont know I'm sorry
Explanation:
Because I dont get it amd I'm not smart im sorry
Answer:
A. current assets less current liabilities
I think this is answer
Explanation:
hope it help you
