Answer: $2,845.57965
The principal to be deposited semiannually would be $2,845.58 (rounded to 2 decimal places)
Explanation:
Using compound formula below
A = p (1 + r/n)^nt
A =amount= $3,300
r = rate = 5% = 5/100 = 0.05
n = number of compounding rate (semiannually) =2 interest payments a year
t = time in years= 3
3,300 = p (1 + 0.05/2)^2(3)
3,300 = p (1 + 0.025)^6
3,300 = p (1.025)^6
3,300 = 1.15969342p
Divide both sided by 1.15969342
p = $(3,300/1.15969342)
p = $2,845.57965
p ≈$2,845.58 rounded to 2 decimal places.
Answer:
Answer: To protect inner layers
Explanation:
Just took the test and it told me the correct answer
Answer:
Option a (recognizes.................income) is the correct answer.
Explanation:
- The proportion of even more inventories is below 20 percent, therefore the firm sends dividends on the inventories which are incorporated into the personal income tax rate.
- Dividends paid mostly by the investor, not adjusting as necessary for the investor's total earnings, should be declared as compensation or earnings.
The provided situation is not connected with other possibilities. So the above option is the correct answer.
Answer:
yield to maturity YTM = 35%
Explanation:
given data
purchase price = $8,000
face value = $10,000
current yield = 10%
solution
we get here yield to maturity YTM
so first we get Annual Coupon by current yield that is express as
Current yield = annual coupon ÷ current price ..............1
put here value we get
Annual Coupon = 10 % × 8,000
Annual Coupon = $800
now we get YTM by purchase price that is
purchase price = Annual Coupon ÷ ( 1+YTM ) + face value ÷ ( 1+YTM ) .......2
put here value we get
8,000 =
solve it we get
yield to maturity YTM = 35%
Answer:
Procedure.
Explanation:
A procedure can be defined as a comprehensive set of sequential steps and actions which is typically used to specify the accepted, effective and efficient method for performing a task or executing a project and plans.
This ultimately implies that, procedures are mainly used by various companies or organizations to always achieve a standardized level of output and consistency in achieving its goals and objectives.
Hence, if you want all your stores to only accept returns with receipts this would be an example of a procedure.