Answer:
The answer is 16 years.
Explanation:
The formula for calculating the value of an investment that is compounded annually is given by:
Where:
is the number of years the investment is compounded,
is the annual interest rate,
is the principal investment.
We know the following:
And we want to clear the value <em>n</em> from the equation.
The problem can be resolved as follows.
<u>First step:</u> divide each member of the equation by 
:
<u>Second step:</u> apply logarithms to both members of the equation:
<u>Third step:</u> apply the logarithmic property 
in the second member of the equation:
Fourth step: divide both members of the equation by 
We can round up the number and conclude that it will take 16 years for $10,000 invested today in bonds that pay 6% interest compounded annually, to grow to $25,000.
Answer:
This indicates that
d.the company has a net loss of $9,575 for the period.
Explanation:
a) Data and Calculations:
Total debits of the balance sheet (assets) = $28,480
Total credits of the balance sheet (liabilities + equity) = $38,055
Difference (net loss) = $9,575 ($38,055 - $28,480)
b) With the determination of the net loss of $9,575, the two sides (debits and credits) of the balance sheet will equal. This is because the net loss of $9,575 will reduce the credits from $38,055 to $28,480.
U didn’t put like half the question luv
When we use the IRS rule which states the standard deduction amount should be greater than $900 or the income earned by the taxpayer for the year in addition with $300 (should not be exceeding the regular standard deduction). Income earned by Toby is $2,897, then add
$300 into it.
The correct standard deduction amount would then be $3,197 ($2,897 +300)=$3197.
Standard deduction is the deduction given by the income tax authorities to the tax payer.
Internal revenue bulletin is the instrument used by the IRS for announcing all the rules.
To know more about Standard deduction here:
brainly.com/question/3158031
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