According to your study unit what is the main reason that improved human relations skills may improve your grades. According to your study unit , Growing self-confidence can give you a "winning attitude" is the main reason that improved human relations skills may improve your grades.
Answer and Explanation:
The computation is shown below;
1. The willing amount to pay for the promise should be less than $20 that represents the time value of money
2. Now the present value is
= Received amount × discounting factor at 6% for 3 years
= $1,000 × 0.839
= $839
3. Now the interest rate is
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$1,000 = $863.84 × (1 + rate of interest)^3
rate of interest =5% approx
I think the answer would be C because career is based on your background education, education is free because your parents pay taxes, and number of dependents doesn’t affect could be an answer choice, but wouldn’t be the best answer choice. Based on your skills, you can live in a lavish house and buy nice things through ur personal finance and if you skills are bad it can affect your future like where you live and limit the things you can buy.
Answer:
1. The Journal Entry
Sr. No Particulars Debit Credit
Tractor- Machinery $ 45000
Cash $6000
Notes Payable $ 39,000
The journal entry to record the acquisition of the tractor.
Working : Interest Expense Payable:
11% of 39,000= $ 4290
<u>2. Income Statement of 2021</u>
Revenues xxxxx
Less
Depreciation xxxxx
Interest Expense 4290
<u>Profit xxxx</u>
<u />
<u>2. Income Statement of 2022</u>
Revenues xxxxx
Less
Depreciation xxxxx
Interest Expense 4290
<u>Profit xxxx</u>
<u>3. Balance Sheet of 2021</u>
Debit Side
Truck $45000
<u>Less Depreciation xxxxx</u>
Credit Side
<u>Interest Payable 4290</u>
<u>3. Balance Sheet of 2022</u>
Debit Side
Truck $45000
<u>Less Depreciation xxxxx</u>
Credit Side
<u>Interest Payable 4290</u>
Answer:
12.81%
Explanation:
PMT (The amoun you invest each month) is $500
n = 35 years = 35 x 12 = 420 months
Future value (FV) of your account in 35 years is $4,000,000
Present value (PV) = 0
i/r = ?
Inputting these values into financial calculator, we get:
i/r = 1.07%/month
--> Annual rate of return is 1.07% x 12 = 12.81%