Answer:
A. A commercial bank
Explanation:
Commercial banks are financial institutions accept deposits and provide security and convenience to their customers. They also provide loans to individuals and businesses. Commercial bank is a place where people do most of their banking. The main method in which commercial banks earn money is through the provision of loan. They earn money from these loans through what is known as interest. In this case, Miranda needs s loan for her business in order to buy a new truck. The commercial bank is a place she can get a loan in that context.
A SWOT analysis can contribute to the strategic planning process by evaluating all of these.
Answer:
Select four new phones for app placement
Explanation:
"Select four new phones for app placement", will help Revi do an in depth product testing, which will give him a sense of direction on how to produce.
Answer:
Entries for December 31:
20000 x 2/10 : $4000
Dr salary expense : $4000
Cr salary payable : $4000
Entries for January 10:
Dr salary expense : $16000
Dr salary payable :$ 4000
Cr cash : $20000
Answer:
You will need to have $ 55,006.94
Explanation:
We need first to consider the following details according to the problem
We have a Annuity amount of $ 2900, a Rate(r)= 0.51%, and a Time(n)= 5 years (or 20 quarters )
.
To reach to the money that we would need to have in the bank today to meet the expense over the next four years we use the following formula:
PVA= annuity amount × [1 - (1 / (1 + r)n)] / r
PVA= $ 2900 x[ 1-{ 1/(1+0.0051)20)]/0.0051
PVA= $ 55,006.94