Answer:
Total sum at te end of 6 years=$ 73,138.97
Explanation:
<em>The total sum in Lee's account at the end of year would be determined as follows:</em>
FV= A × (1+r)^n
FV- Future sum?,
A- deposit amount ,
r- interest rate - 9%/2 = 4.5% per 6 months
n- number of years is 6
First deposit for 6 years
FV = 15,000× 1.045^(2×6)
= $25,438.22
Last 40,000 for 2 years
FV = 40,000 1.045^(2×2)
=47,700.74403
Total sum at the end of 6 years
= $25,438.22 + $47,700.74
=$ 73,138.97
According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.
<h3>What do you mean by Uniform Commercial Code?</h3>
The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.
According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.
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it is intrapersonal, and i know that for a fact.
Increased competition.
Answer: Option 3.
<u>Explanation:</u>
Free trade is the trade of goods and services from one country to the other country without any boundations and without any restrictions. As a result of the free trade, the consumers have more variety of a particular good in the market.
In this particular case, since Rooby is no longer the only producer of this particular because of the free trade in the market, he can not charge too high for a particular good and it increases the competition between the producers.
This assertion is accurate. A cash dividend or other cash payment to investors is approved by the board of directors.
<h3>Is the board of directors involved in the decision to distribute dividends?</h3>
Before a cash dividend is announced and later delivered to shareholders, a company's board of directors must determine whether to pay one and how much. The Board shall determine the amount of cash to be delivered to the Shareholders, both individually and collectively.
<h3>Dividends have been announced by the board of directors.</h3>
A company's interim dividend is the sum that the board of directors declares between two annual general meetings. Interim dividend is included in the definition of dividend under Section 2(35) of the Companies Act. It is at the board of directors' discretion to declare an interim dividend.
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