Nowadays the FBI and all that take ink and put your finger prints in your file, but in CSI they just have your finger prints on the data base over the computer saved... Hope this helped!!
Answer:
The interest rate is 7.83%
Explanation:
The winner price in the year 1895 = $190
The winner price in the year 2014 = $1490000
Time duration between, 2014 – 1895 = 119 years
Now we have to find the interest rate at which the winner price has been increased. Thus, use the below formula to find the interest rate.
Future value = present value (1+ r)^n
Future value = $1490000
Present value = $190
n = 119
Now insert the values in the formula.
1490000 = 190(1 + r)^119
1490000 / 190 = (1+r)^119
r = 0.07826 or 7.83%
Answer:
Company should borrow = $15200
Explanation:
Below is the calculation for the borrowing amount:
Cash balance at the beginning = $18600
Add - Cash receipts = 186000
Less- Cash disbursements = (189200)
Budgeted cash balance = 18600 + 186000 - 189200 = 15400
Borrowing will be = Ending cash - 15400
Borrowing will be = 30600 - 15400
Borrowing will be = $15200
Company should borrow = $15200
Answer:
A. closed-end credit
Explanation:
Closed-end credit is a loan or a credit type where the funds would be dispersed at the time when the loan is closed and it would be paid back by involving the interest & finance charges
Since in the question it is mentioned that she would make the payment in 12 equal payments so here she is using closed-end credit
hence, the correct option is a.