the interest rate is 3%
Ben should choose account X because, since it uses compound interest, it would pay interest on interest. Simple interest only pays on the original balance.
so your answer will be B it would pay interest on interest
Answer:
E. They will receive several tax deductions
Explanation:
Certain "reasonable and necessary" adoption related expenses are quantifiable for tax deductions, such as:
- Court costs
- Attorney's fees
- Traveling expenses related to the adoption
- Certain other costs directly related to the adoption process
The link between Money Supply and Inflation. ... Increasing the money supply faster than the growth in real output will cause inflation. The reason is that there is more money chasing the same number of goods. Therefore, the increase in monetary demand causes firms to put up prices.
I believe it is a non-sufficient funds fee
Answer:
The correct answer is 63,200 kg.
Explanation:
According to the scenario, the computation of the given data are as follows:
Raw material required for production = Production in units × req. raw material per unit
= 16,000 units × 4 kg
= 64,000 kg.
Beginning inventory = (64,000 kg) × 10%
= 6,400 kg
Ending inventory = ( 14,000 × 4 kg) × 10%
= 56,000 kg × 10%
= 5,600 kg
So, we can calculate the budgeted purchases of raw materials by using following formula:
Budgeted purchases of raw materials = Raw material required for production + Ending inventory - Beginning inventory
= 64,000 kg + 5,600 kg - 6,400 kg
= 63,200 kg
