First, we calculate for the effective annual interest given the interest in the scenario.
ieff = (1 + i/m)^m - 1
Substituting the values,
ieff = (1 + 0.04/12)^12 - 1 = 0.0407
The effective interest is equal to 4.07%.
The future amount after 2 years,
F = ($6000) x (1.0407)^2 = $6498.86
Answer and Explanation:
B. H2O -> NADPH -> Calvin cycle
Answer:
The balance in the raw materials inventory account on May 30 was $ 7,950.
Explanation:
This question requires us to calculate the balance in the raw materials inventory account on May 30. The detail about inventory purchase during the period, inventory consumed in production and opening inventory balance is given in the problem. We can easily calculate closing balance using following equation.
opening inventory + purchase = closing balance + inventory cosumed
9,250 + 38,750 = closing balance + 40,050
closing balance = $ 7,950
Answer:
C. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
The digital tabloid market is at the stage of product life
cycle of innovation. It is because it has been researched that there was a
presence of explosion in digital tabloid market that depicts of having to show
its popularity and bringing change amongst the people and in the generation—making
it to be innovated.