Explanation:
1. An annuity is a number of equivalent payments made. For instance, the annuities include daily savings account deposits, monthly home loan payments, monthly insurance and pension payments. Annuity can be defined by the payment dates frequency.
Difference between an ordinary annuity and an annuity due:
In each period certain annuities shall pay the same amount, while varying annuities that differ in amounts. At the end of each time, payments in the standard annuity take place. In comparison, payments for an annuity due are made at the start of the contract.
2. The number of y-axis and discount rate on the x-axis is usually present in an annuity table. Place them on the table for your annuity and then place the cell in which they meet. Multiply the cell number by the amount of money each time is earned.
3. The annuity table contains the amount of contributions you expect to collect at a given interest rate plus a list of equivalent payments. You come to the current value of the payments when you subtract this element by one of the payments. As a quick guide the preceding annuity table includes only figures for discrete intervals and interest rates, which may be not quite the same as a real world scenario.
Answer:
Please Kindly check the attach picture, the full working is there.
Explanation:
Answer:
Level IV
Explanation:
Security levels of United States Federal buildings are used to allocate safety measures such as glazing to reduce injury from broken glass, distance for traffick to the building, and prevention of building collapse.
There are levels one to five.
Level IV facilities has more than 450 employees, 80,000 to 250,000 square feet of office space, and a high volume of public contact.
Usually used by law enforcement or ntelligence agencies such as ATF, FBI, DEA, and Federal courts
Who freaken knows ????? :)
Answer:
December 31, 2015
DR Retained Earnings $40,000
CR Common Stock Dividend Distributable $40,000
<em>(To record declaration of stock dividend)</em>
Working
Common Stock Dividend Distributable
= No. of shares * Par value * % stock dividend
= 100,000 * 2 * 20%
= $40,000
