Answer:
annual payment = $2,362.88
Explanation:
we must first calculate the future value of the loan at the end of year 4 = $6,226 x (1 + 11%)⁴ = $9,451.51
using the present value of an annuity formula we can determine the annual payment:
annual payment = present value of an annuity / PV annuity factor
- present value of an annuity = $9,451.51
- PV annuity factor 11%, 4 periods = 3.1024
annual payment = $9,451.51 / 3.1024 = $2,362.88
$1,333 - $1,200 = $133
Your gain was: $133
After each month, adjust the accounts. Cruella's adjusting entry at the end of February should include a debit to rent expense for $100.
<h3>What is an adjusting entry?</h3>
Adjusting entries refer to a set of journal entries recorded at the end of the accounting period to have updated and accurate balances of all the accounts. The main purpose of adjusting entries is to communicate an accurate picture of the company’s finances. The management can have a proper look into the financial statements knowing that Everything that occurred during the month is reported, even if the financial part of the transaction would have been warranted to have occurred at a later stage.
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Night shift employee's always get paid more than day shiff
This is an example of vaporware where the company is planning to launch the software and will correct errors along with upgrades.
<h3>What is software?</h3>
A sequence of instructions, data, or programs used to control computers and perform certain activities is known as software. Applications, scripts, and programs that operate on a device are referred to as software.
Vaporware refers to products that are announced but never produced or officially cancelled. It is publicized months or years before it is supposed to be deployed with little information about its development available.
This strategy is useful as it stops customers to avoid switching to competitors' brands and products. These will help to create a buzz in teh market and helps in the retention of the customer.
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