Answer:
I would need to invest 672,097.26 at 10.7% annual rate
If rate drops by half then the investment will be for 819,815.38
Explanation:
We are asked to to an invesmtent today to yield 1,000,000 in 40 years.
Notice this will be a lump sum not an annuity as this will be just one investment.
Amount 1,000,000.00
time 0.11
rate 40.00000
Principal at 10.7% 672,097.26
Principal at 5.35% 819,815.38
<span> Revenue </span>accounts or <span>Expense </span><span>accounts</span>
Answer:
A
Explanation:
If the company has introduced a loyalty program, customers are less likely to patronise other business. Thus, the threat of new entrants is reduced as firms would be less likely to enter into the industry knowing there is a high degree of customer loyalty to company XYZ
Answer:
Both single column cash book and double column cash book are similar because they both record cash payments
Explanation:
A cash book is a book or journal used to record all business transactions within a particular period like receipts, disbursements, bank deposits and bank withdrawals. They are different cash books namely: single column cash book, double column cash book and triple column cash book.
A single column cash book is used to record payments in form of cash while a double column cash book records both cash payments as well as bank transactions.
Both single column cash book and double column cash book are similar because they both record cash payments
Based on the automobile analysis, the features one should present when demonstrating 2022 Murano's confident cornering include "<u>4-wheel independent suspension."</u>
<h3>What is Cornering in a vehicle?</h3>
Cornering is a term that describes the extent of the force wielded on the vehicle's center of gravity.
<h3>Other features one should present when demonstrating 2022 Murano's confident cornering </h3>
- Intelligent All-Wheel Drive
- Electrically driven hydraulic power steering
2022 Murano is a modern vehicle produced by Nissan Manufacturer. It comes with the latest design, swift navigation component, and easy-to-handle features.
Hence, in this case, it is concluded that the 2022 Murano is one of the latest vehicles to possess.
Learn more about the vehicle features here: brainly.com/question/17183497
