Answer:
amount after 40 year will be $314094.2
Explanation:
We have given principal amount P = $10000
Annual interest r = 9 %
Time period n = 40 years
We have to find the amount after 40 years
Amount is given by
So the amount will be
So amount after 40 year will be $314094.2
The supplier because the tax will decrease demand bcause it is elastic.
Answer:
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Explanation:
Answer: d. Cash Budget
Explanation:
The Cash budget is used to project the company's expected position in terms of the cash it holds in the future. As such, the budget contains both cash receipts and cash disbursements.
Some of the disbursements include expenses and loan payments. The loan payments are where the interest expense will be found for the coming year.
Answer:
The answer is
.D.Accrual basis accounting is required by Generally Accepted Accounting Principles (GAAP).
Explanation:
GAAP, require accrual accounting because it presents a more accurate picture of a company's financial condition.