Answer:
$81.13
Explanation:
first we must calculate the effective monthly interest rate:
1.06 = (1 + i)¹²
1.004868 = 1 + i
i = 0.4868%
the future value of this annuity is given, but we need the monthly contribution:
monthly contribution = future value / FV annuity factor
future value = $1,000
FV annuity factor, 0.4868%, 12 periods = 12.32656
monthly contribution = $1,000 / 12.32656 = $81.13
Answer:
Facilitator
Explanation:
Facilitators manage the meeting process.
Hope that helps!
Answer:
here is answer
Explanation:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions j prices.
Answer:
A. A market economy is determined by consumers and a command economy is determined by central authority.
Explanation:
A market economy is driven by customers in the form of demand and the sellers in market supply to satisfy the demand.
Command economy is driven by command, customers do not decide what to demand and when, only central authority supplies what they see fit.
Answer:
Option B Borrow using short-term notes payable and use the proceeds to reduce long-term debt
Explanation:
The formula for calculating current ratio is as under:
Current Ratio = Current Assets / Current Liabilities
Now the option which will either increase the current liability only (Denominator) or decrease the current assets only (Nominator) will be the right answer because the answer will decrease the current ratio.
Option B So if the company borrows money from its short term loan (current liabilities) to pay its long term debt which will increase its current liabilities and non-current liabilities. So in the nutshell will only increase the denominator (current liabilities) which will decrease the current ratio. So it is the right option. The rest of the options either increase both current assets and current liabilities or decrease both current assets and current liabilities.