Answer:
Cash Received during the period = $155200
Explanation:
The amount of receipts or cash received during the period can be calculated using the following formula.
Cash Received = Closing Balance + Cash Disbursements - Opening Balance
Cash Received = 67200 + 128000 - 40000
Cash Received = $155200
So, the cash receipts during the period are $155200.
Answer:
The final payment would be of amount $9000
Explanation:
The keywords of the question state that the bank needs an equal amount of money by both of the payment procedures. Hence, no matter which payment method I choose on the outstanding loan, the bank would need a sum of 3x3000 = $9000
Hi there! I think that the statement , " The elements in a newsletter are the title, graphics, and columns." is false. Hope this helps, and have a lovely day! : )
Answer:
2.49%
Explanation:
The period 't' between 2015 and 1885 is:
The annual rate 'r' at which the original $0.02 value has been compounded over 130 years to reach a value of $0.49 is determined by:
![0.49 = 0.02*(1+r)^{130}\\r=\sqrt[130]{24.5}-1\\ r=0.0249 = 2.49\%](https://tex.z-dn.net/?f=0.49%20%3D%200.02%2A%281%2Br%29%5E%7B130%7D%5C%5Cr%3D%5Csqrt%5B130%5D%7B24.5%7D-1%5C%5C%20r%3D0.0249%20%3D%202.49%5C%25)
The cost of first-class postage has experienced an annual increase of 2.49% over this period.
Answer:
True
Explanation:
When you have an amount of money allotted to you its good to come up with a plan on how to spend it efficiently.
