The amount of money that I would have in the bank account at the end of one year is $1,100.
The real interest rate I would expect to earn on the deposit is 6%.
If I am saving for a gaming computer, at the end of next year I would have enough money.
<h3>What is the value of the money by next year?</h3>
The formula that can be used to determine the money in my bank account next year is:
FV = P (1 + r)^n
Where:
FV = Future value
P = Present value
R = interest rate
N = number of years
1000 x (1.1)^1 = $1,100
<h3>What is the real interest rate?</h3>
The real interest rate is the nominal interest rate less inflation rate.
The real interest rate = 10% - 4% = 6%
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Answer:
Two(2) exemptions
Explanation:
The first exemption would be based on the fact that Ronald has health challenges while the second exemption would be on the basis of Ed's (his son) state of mental capability.
Answer:
Total cash expense= $181,675
Explanation:
Giving the following information:
Manufacturing cost:
April= $155,800
May= $190,300
Insurance is not paid in May.
Property tax is paid in November.
Depreciation is not a cash expense.
<u>Total cash payment May:</u>
Manufacturing cost May= 190,300*0.75= 142,725
Manufacturing cost April= 155,800*0.25= 38,950
Total cash expense= $181,675
Answer:
what do you mean did our scores improve, if so, idk yet
The significant event at the conclusion of each phase is called a milestone.
- A milestone in your life is an important occasion. A turning point frequently ushers in a fresh chapter. For instance, your high school graduation was a significant event in your life. A roadside signpost that indicates the distance to a specific point is referred to as a milestone.
- Birthdays celebrated at milestone ages are those extra-special ages that call for more than simply a card and cake. Important childhood milestones that typically require a sizable party and an especially thoughtful present include a first birthday and turning 13 years old.
- A crucial moment or stage in the existence, development, or similar of a person, a country, etc. Her career reached a turning point when she was hired as a supervisor.
Thus this is the answer.
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