Answer:
Taylor can withdrawn 1,374.20 dollars each month
Explanation:
Timeline:
deposits of 444 for 20 years = withdrawals of X for 15 years
<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->
We must calcualte amount to satisfy:
future value of his deposits = present value of his withdrawals
We first need to get the future value of the retirement account
and then the PMT this fund can do.
<u>deposits future value:</u>
C $ 444
time 240 (20 years x 12 months er year)
rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)
FV $162,847.9340
<u>withdrawals PMT:</u>
PV $162,847.93
time 180
rate 0.005
C $ 1,374.203
Answer: $20000
Explanation:
The cash receipt for the period based on the information that's given will be:
Opening balance of account receivable = $4000
Add: Credit sales = $22,000
Less : Closing balance of account receivable = $6,000
Cash receipt = $20000
It is a true statement that a state that relegates minorities to second-class citizenship by depriving them of rights or responsibilities held by other citizens of that state is fair game for congressional legislation.
<h3>Who are
minorities group?</h3>
Generally, the term 'minority group' has different usages depending on the context. A minority group is simply understood in terms of demographic sizes within a population such as a group in society with the least number of individuals is therefore the 'minority'.
In sociology, economics, and politics, a minorities group involves a demographic which takes up the smallest fraction of the population.
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Answer:
Interest expense $80
Explanation:
the journal entry to record the issuance of the note:
December 1, 202x, note issued in replacement of account payable
Dr Accounts payable 24,000
Cr Notes payable 24,000
the journal entry to record accrued interests payable is:
December 31, 202x, accrued interests payable
Dr Interest expense 80
Cr Interests payable 80
Interest expense = $24,000 x 4% x 1/12 = $80
In a given condition, wherein the cost of 4 automobile tires is $112, then the cost of one automobile tire will be $28.
<h3>What is the significance of cost?</h3>
The actual cost per unit of a product can be referred to or considered as the total of total cost divided by the total number of units in an observation. From the given information, the use of formula for calculating the cost of one automobile tire will be done using the below method.
Therefore, the significance regarding the cost of one tire has been aforementioned.
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