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yawa3891 [41]
3 years ago
5

Debit cards are connected to funds in your bank account. True or False

Business
1 answer:
Leya [2.2K]3 years ago
3 0
This is True. When you pay with a debit card, you are using money from your own bank account.
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Use the following information to answer the next three questions.
nalin [4]

Answer:

The  alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.

Explanation:

This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.

FV formula;

FV = PV(1+r)^n

PV = 800

discount rate; r = 12% or 0.12

total duration of investment; n = 3

therefore; FV = 800(1+0.12)^3

FV = 800 * 1.404928

FV = 1123.94

To the nearest whole dollar, the amount will grow to $1,124

6 0
3 years ago
The acquisition of land by issuing common stock is
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For the answer to the question above, t<span>he acquisition of land by issuing common stock is </span>a noncash transaction that is not reported in the body of a statement of cash flows. So the answer is A. 

I hope my answer helped you.
5 0
3 years ago
Seeing a golden opportunity to raise revenue, the city of Boston levies a per ticket tax of $5 to be paid by the ticket buyer. B
Dvinal [7]

Answer:

TRUE

Explanation:

When supply is perfectly inelastic, the supply curve is vertical as shown in the attached plot. Thus, the tax that shifts the supply curve upward would have no effect on the equilibrium quantity or price paid by consumers. Since equilibrium quantity or price paid by consumer don't change there's no burden on them. However, no  team's owners would receive a lower after tax price and thus bearing the entire tax burden.

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3 years ago
PLEASE HELP I'M IN A BIG RUSH
UkoKoshka [18]

Answer:The answer is A

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The investors will approach realtors if they want to invest their equity on properties such as land, houses , or apartment 

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4 years ago
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