Answer:
$619.75
Explanation:
This is a problem of future value with compounded interest.
The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:

For a $550 investment at 4% per year for 3 years, the future value is:

In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.
Answer:
may be recorded before cash is collected.
Explanation:
Sales revenue "may be recorded before cash is collected."
This is according to Accrual accounting, which unlike the cash model that requires payments to be made before sales revenue is recorded.
In the Accrual accounting model, sales revenue recording is not based on cash collection before it is recorded. Here, the revenue is recorded in as much the transferred goods are made and collection of payment is determined or expected.
Answer:
$11,160.097
Explanation:
Data provided in the question:
Future value of machine = $44,309.00
Time, n = 16 years
Discount rate, r = 9.00% = 0.09
Now,
The amount Derek is will to pay will be the present value of the machine
Also,
we know
Future value = Present value × (1 + r)ⁿ
on substituting the respective values, we get
$44,309.00 = Present value × (1 + 0.09 )¹⁶
or
$44,309.00 = Present value × 3.97
or
Present value = $44,309.00 ÷ 3.97
or
Present value = $11,160.097
Answer:
$26,200
Explanation:
Current gain = Fair market value of the property - Basis of qualified property = $26,200 - $21,833 = $4367. Thus, the amount of Grady current gain is $4,367
We now determine the basis that Gredy takes for the share of Eadie stock
Basis = Original basis of qualified property + Current gain
Basis = $21,833 + $4,367
Basis = $26,200
Thus, basis that Gredy takes for the share of Eadie stock is $26,200
The type of credit that is used for utilities is : Service credit
With service credit you can make it easier to pay utility bills such as gas, electricity, water, phone services, etc under one account
hope this helps