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4 years ago

Depreciation is the process of:

Business

1 answer:

Lana71 [14]4 years ago

4 0

Answer:

The answer is c. allocating the cost of an asset to expense over its useful life in a rational and systematic manner.

Explanation:

Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy.

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You need a 35-year, fixed-rate mortgage to buy a new home for $295,000. Your mortgage bank will lend you the money at an APR of

Anika [276]

Answer:

$434,780.69

Explanation:

The computation of the large the ballon payment would be is determined by using the future value formula i.e. to be shown in the attachment

Provided that

Present value = $295,000

Rate of interest = 5.9% ÷ 12 months = 0.49166%

NPER = 35 years × 12 months = 420 months

PMT = $1,350

The formula is shown below:

= -FV(Rate;NPER;PMT;-PV;type)

So, after applying the above formula, the future value is $434,780.69

8 0

3 years ago

The following provides data for an economy in a certain year. Consumption expenditures $50 Imports $40 Government purchases of g

wlad13 [49]

Answer:

$150

Explanation:

The formula to compute the GDP is as follows

GDP = Consumption + Investment + Government purchase + Net exports

where,

Consumption = Consumption of expenditure = $50

Investment = Business fixed investment + change in inventory + construction of new homes & apartments

= $30 + $10 + $30

= $70

The change in inventory is

= Ending inventory - beginning inventory

= $20 - $10

= $10

Government purchase = Government purchases of goods and services = $20

Net exports

= Exports - imports

= $50 - $40

= $10

So the value of GDP is

= $50 + $70 + $20 + $10

= $150

5 0

4 years ago

Frictional unemployment is:

frozen [14]

Answer:

D.unemployment that is due to normal turnover in the labor market.

Explanation:

Frictional unemployment occurs as as result of normal movement of workers in an economy due to changing of jobs. It is also called transitional employment.

This type of employment can occur even when there is full employment in the economy and people want to move from one job to the other.

Frictional unemployment could be due to quitting, termination, seasonal employment, or term employment.

4 0

3 years ago

Cost flow is in the order in which costs were incurred when using

ICE Princess25 [194]

Answers : last in, first out

Explanation:

8 0

3 years ago

Linda O’Shay deposited $30,000 in a savings account as a perpetual trust. She believes the account will earn 7% annual interest

sweet [91]

Answer:

The uniform amount that can be used for scholaship, every year, first being at the end of the first year is $1,745.14

Explanation:

Hi, in order to find the amount that can be used to pay for school so the balance would last forever, given that $30,000 were left in the savings account, we need to solve for A the following equation.

$PresentValue=\frac{A((1+r_{1} )^{n}-1) }{r_{1}(1+r_{1})^{n} } +\frac{A}{(r_{2})} \frac{1}{(1+r_{1})^n}$

Where;

r1 = 7%

r2 = 5%

n = 10

PresentValue = $30,000

Everything should look like this:

$30,000=\frac{A((1+0.07)^{10}-1) }{0.07(1+0.07)^{10} } +\frac{A}{(0.05)} \frac{1}{(1+0.07)^10}$

$30,000=A(7.023581541)+A(10.16698584)$

$30,000=A(17.19056738)$

$A=1,745.14$

So, uniform amount that could be used for the student scholarship each year, beginning at the end of the first year and continuing forever is $1,745.14

Best of luck.

8 0

3 years ago