Answer:
Instructions are listed below
Explanation:
Giving the following information:
At the end of each year, she invests the accumulated savings ($1,825) in a brokerage account with an expected annual return of 8%. She will invest for 45 years.
A) We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1825[(1.08^45)-1]}/0.08= $705,372.75
B) n= 25
FV= {1825[(1.08^25)-1]}/0.08= $133,418.34
C) FV= 705,372.75 A=?
We need to isolate A:
A= (FV*i)/{[(1+i)^n]-1}
A=(705,372.75*0.08)/[(1.08^25)-1]
A= $9,648.64
Answer: True
Explanation: humans have been known to be insatiable. Most often than not when you do the right thing to please someone, it doesn't always achieve the purpose. So humans now have steamed up exhaustion from following the ethical standard that we no longer give a care about our personal integrity, all we want is to appear (even if feigned) to others around us that we are morally and ethically upright.
Answer:
We accept the null hypothesis that men and women have equal success in challenging calls.
Explanation:.
Given
N = Number of challenges by men = 1405
Y = Challenges overturned = 424
M = Number of challenges by women = 746
X = Challenges overturned = 229
First we calculate the probability of successful challenge overturn
For men;
Let P1 = Probability of challenge overturn
P1 = 424/1405 = 0.3018
For women;
Let P2 = Probability of challenge overturn
P2 = 229/746 = 0.3070
See attachment for more explanation
Answer:
A. $302,000
Explanation:
The computation of the net income under accrual basis accounting is shown below:
= Billed in revenues on credit - incurred expenses
= $496,000 - $194,000
= $302,000
The prepaid expenses and the received amount would not be considered in the computation part. Hence, ignored it
Only revenues on credit and incurred expenses are considered in the computation part. No other item values would be taken.