The Future value is $9523.42. Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
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What is the Future Value of Money?</h3>
Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
Calculation of Future value
Present Value = $7,000 interest rate = 8% Time = 4 years
FV = Future Value PV = Present Value
FV=PV(1+i)ⁿ
FV= 7,000(1+0.8)⁴= $9,523.42
Thus, the Future Value of $7,000 for four years is $9523.42.
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I think the most appropriate answer would be Bull market.
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The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.
Answer:
B Cost of ingredients for cupcakes rises.
Explanation:
Answer: is increased by credits
Explanation:
Revenue accounts are increased by credits because they are an equity account and equity accounts increase by credit. This is because the corresponding entry would be an asset such as cash and as the asset has to increase by being debited, revenue must be increased by credit.
Other accounts that are increased by credit include liabilities. Accounts that increase by debits apart from assets include purchases and expenses.