Answer:
$13,363
Explanation:
Net-worth is the difference between an individual's assets and liabilities. In other words, net-worth is equal to assets - liabilities.
<u> Anthony's assets </u>
College savings account $8,657
checking account $347
Cash $45
Pair of Jordan's <u>$4500</u>
Total assets <u>$13,549</u>
<u>His liabilities </u>
A personal loan from Yenny $186
Net-worth = $13,549- $186
=$13,363
Answer:
Liability
Explanation:
A liability is a probable future sacrifice of economic benefits arising from present obligations to transfer assets or provide services as a result of past transactions or events. Liabilities usually result in the outward flow of economic resources. Examples are loan payable, accounts payable, accrued expenses, deferred revenue etc. Liabilities are usually recognized as credit balances in the balance sheet and are classified into current and non-current based on the probable timing of the sacrifice of economic benefits.
Answer:
FV= $22,333.56
Explanation:
Giving the following information:
Semi-annual investment= $750
Interest rate= 0.08/2= 0.04
Number of periods= 10*2= 20
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= semi-annual deposit
FV= {750*[(1.04^20) - 1]} / 0.04
FV= $22,333.56
Research that seeks to understand the nature or scope of a nation's criminal justice system is called descriptive comparative research.<span />
Answer:
Option E (143) is the appropriate solution.
Explanation:
According to the question,
The modified duration will be:
= 
= 
= 
The percentage change in price will be:
= 
= 
(%)
Now,
The EMOD will be:
= 
= 
($)
Or,
The EMAC will be:
= 
= 
($)
Hence,
⇒ 
⇒ 
