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Lady_Fox [76]
3 years ago
14

Oald writes a check for $700 to savannah. savannah indorses the check in blank and transfers it to twitchell, who alters the che

ck to read $7,000 and presents it to union bank, the drawee, for payment. the bank cashes it. roald discovers the alteration and files a suit against the bank. roald can recover
Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

$6,300

Explanation:

Rolad can recover the fraudulent amount minus the amount of the real check.

$7,000- $700 = $6,300

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The future value of​ $100 received today and deposited in an account for four years paying semiannual interest of 6 percent is​
jonny [76]
Formula: FV = PV(1+ r)^n

Fv is the future value, Pv is the present value, r is the interest rate, n is the number of periods.

FV = $100(1 + 0.06)^(6*2) = $201.22


4 0
3 years ago
When a shift in ________________ occurs, rational expectations hold that its impact on output and employment will only be tempor
lora16 [44]

When a shift in Aggregrate Demand occurs, rational expectations hold that its impact on output and employment will only be temporary.

Aggregate demand is a term used in macroeconomics to describe the aggregate demand for domestic products such as consumer goods, services, and capital goods.

Aggregate demand shows the overall level of consumer demand for goods produced by the economy but does not show other important economic information. For example, high aggregate demand should indicate a healthy economy because you can produce and sell many commodities.

Aggregate demand is the total amount of goods and services in an economy that consumers are willing to pay over a period of time. Aggregate demand is calculated as the sum of personal consumption, capital spending, government spending, and the difference between exports and imports.'

Learn more about aggregate demand here:brainly.com/question/1490249

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4 0
2 years ago
Maintenance money for an athletic complex has been sought. Mr. Kendall, the Athletic Director, would like to solicit a donation
Lena [83]

Answer:

Total donation= $76,000,000

Explanation:

Giving the following information:

These maintenance costs are expected to be $1 million each year for the first five years, $1.3 million each year for years 6 through 10, and $1.5 million each year after that. The money is placed in the account that will pay a 5% interest compounded annually.

First, we need to calculate the final value of the donation:

We have 3 perpetual annuities.

FV= 1,000,000/0.05= 20,000,000

FV= 1,300,000/0.05=26,000,000

FV= 1,5000,000/0.05= 30,000,000

Total donation= $76,000,000

8 0
3 years ago
During the past recession, cali-bration company created a __________ organization, when it restructured and eliminated several m
Svetllana [295]
<span>During the past recession, cali-bration company created a <u>flat</u> organization. A flat organization has several managers, and many employees who have to report to each of those appointed managers. This is a good type of organization because everybody takes part in the decision-making process, and thus customer wishes and demands are always taken into consideration. </span>
3 0
3 years ago
Your portfolio is invested 26 percent each in a and c, and 48 percent in
Elena-2011 [213]
I think its 32 because if you add and divide
7 0
3 years ago
Read 2 more answers
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