The time required to get a total amount of $3,300.00 with compounded interest on a principal of $1,650.00 at an interest rate of 6.2% per year and compounded 12 times per year is 11.209 years. hence the answer is
A. 2001
<h3>Compound Interest Calculation</h3>
(about 11 years 3 months)
First, convert R as a percent to r as a decimal
r = R/100
r = 6.2/100
r = 0.062 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.062/12)] )
t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.0051666666666667)] )
t = 11.209 years
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Answer:
1.
Dr. Net Sales ¥ 1,888,622
Cr. Income Summary ¥ 1,888,622
2.
Dr. Income Summary ¥1,770,833
Cr. Cost of sales ¥ 1,254,981
Cr. Advertising expense ¥ 118,308
Cr. Other expense ¥ 397,544
Explanation:
Closing Entries are passed to close the temporary accounts of a business for the year. These accounts are closed and their balances are transferred to income summary account.
First we will close the the revenue / income accounts and then expenses or cost accounts.
Answer:
The speed of the car is 67.77 m/s and it is moving away from the observer.
Explanation:
The apparent frequency is given as
![f' = f\dfrac{ [v - vo]}{ [v - vs]}](https://tex.z-dn.net/?f=f%27%20%3D%20f%5Cdfrac%7B%20%5Bv%20-%20vo%5D%7D%7B%20%5Bv%20-%20vs%5D%7D)
Here
o is the observer
s is the source which is car
v is the speed of sound = 343 m/s
f = true frequency emitted by the car (when stationary)
f ' = 0.835 f
so
![f' = f\dfrac{ [v - vo]}{ [v - vs]}\\0.835 f= f\dfrac{ [v - vo]}{ [v - vs]}\\0.835 = \dfrac{ [343 - 0]}{ [343 - vs]}\\0.835=\frac{343}{343-x}\\x=-67.77 m/s](https://tex.z-dn.net/?f=f%27%20%3D%20f%5Cdfrac%7B%20%5Bv%20-%20vo%5D%7D%7B%20%5Bv%20-%20vs%5D%7D%5C%5C0.835%20f%3D%20f%5Cdfrac%7B%20%5Bv%20-%20vo%5D%7D%7B%20%5Bv%20-%20vs%5D%7D%5C%5C0.835%20%3D%20%5Cdfrac%7B%20%5B343%20-%200%5D%7D%7B%20%5B343%20-%20vs%5D%7D%5C%5C0.835%3D%5Cfrac%7B343%7D%7B343-x%7D%5C%5Cx%3D-67.77%20m%2Fs)
The speed of the car is 67.77 m/s and it is moving away from the observer.
Answer: secondary data
Explanation:
The type of data above is refered to as a secondary data. Secondary data simply refers to the data that have already been gotten or collected from the past.
Unlike the primary data, which is collected by the individual, secondary data have already been done in the past. Since he first reviewed existing data on seasonal spending collected by the government, this is a secondary data
Answer:
b. 18,602 units.
Explanation:
First, we need to use last year's information to determine last year's fixed costs.
Price (P1) = $7.68
Variable costs (VC1) = $2.25
Units sold to break-even (n1) = 21,800
At the break-even point, net income is zero and the fixed cost can be found by:

With information from last, information for the current year can be determined:
Price (P2) = $10.00
Variable costs (VC2) = $2.25 x 1.3333 = $3.00
Fixed cost (FC2) = $118,374 x 1.10 = $130,211.4
The number of units required to break even is:

Rounding up to the nearest whole unit, Dorcan Corporation must sell 18,602 units to break-even.