Answer:
$11,728.85
Explanation:
the future value of the annuity = $112,000
number of periods = 8 semiannual payments
interest rate = 10% compounded semiannually = 5%
future value = payment x FV annuity factor
FV annuity factor 5%, 8 periods = 9.5491
payment = $112,000 / 9.5491 = $11,728.85
The word that best completes the statement would be "worth." People tend to feel more worthy compared to other people when they display their riches and wealth. In my opinion, a "truly worthy" person is someone people can count on. Instead of "showing" their wealth to others, instead, they should allocate some amount of their money to people who are in need.
Answer:
obtaining a long-term loan.
Explanation:
A Financing activity is a are transactions that leads to changes in long-term liabilities, owner’s equity and changes to short-term borrowings.
The total cost that is incurred by producing 100 doughnuts is equal to the sum of the variable cost and the fixed cost. The total variable cost is,
total variable cost = ($2/doughnut)(100 doughnuts) = $200
The total cost is,
Total cost = total variable cost + total fixed cost
TC = $200 + $500 = $700
Equating the cost and the revenue,
TC = TR
$700 = (100)(x)
The value of x from the equation is $7.
ANSWER: $7.
