1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Neko [114]
3 years ago
14

Which of the following statements is true? a. The higher the discount rate, the higher the present value. b. The process of accu

mulating interest on interest is referred to as discounting. c. If money is worth 10% compounded annually, $1,100 due one year from today is equivalent to $1,000 today. d. If a single sum is due on December 31, 2020, the present value of that sum decreases as the date draws closer to December 31, 2020.
Business
1 answer:
RSB [31]3 years ago
4 0

Answer:

C

Explanation:

Compound interest is a practice of reinvesting the the principal amount and the interest earned instead of paying out the interest . With this method , the total value of money increases with time.

However , the value of the money (principal +interest ) in the first year sing this method is the same as the simple interest method.

If a money is worth 10% compounded annually . $1100 in one year is $1000 today.

Workings

Interest rate - 10%

One year value (100%+10%) - $1100

Current value = 100/110*1100

= $1000

You might be interested in
The _____ quality attributes are embedded in the total product, that is, the physical or core product and all the additional fea
Agata [3.3K]
If I've got it right, the answer with missing word looks like this: The market-perceived quality attributes are embedded in the total product, that is, the physical or core product and all the additional features the consumer expects.
6 0
3 years ago
Victory Corporation sold 400 shares of treasury stock for $45 per share. The cost for the shares was $35. The entry to record th
Marianna [84]

Answer:The entry to record the sale will include a Credit toPaid in Capital from  treasury stock at $4,000.

Explanation:

Journal entry to record sale of shares

Accounts and explanation          Debit                  Credit

Cash                                        $18,000

Treasury stock                                                      $14,000      

Paid in Capital from Treasury STOCK                  $4,000

Calculation

CASH = Number of  shares x Price per share

= 400 x $45=$18,000

Treasury stock = Number of  shares x Price per share

= 400 x $35=$14,000

Paid In Capital = Cash - Treasury stock= $18,000- $14,000= $4000

6 0
3 years ago
Select the correct answer.
TEA [102]
I would say C is the answer bc that’s would i would do in that situation.
7 0
2 years ago
Joan Demers launched a professional services firm on March 1. The firm will prepare financial statements at each month-end. In M
adell [148]

Answer:

the net operating income is $19,000

Explanation:

The computation of the net operating income is shown below:

As we know that

Net Operating Income = Revenue - Costs

= $10,000 + $20,000 - $5,000 -$6,000

= $19,000

Hence, the net operating income is $19,000

we simply deduct the cost from the revenue so that the net operating income could come

4 0
3 years ago
Compare the structural approach to the external variable approach of kinesics
dedylja [7]
<span>The Structural Approach to kinesics studies all movement and sees all behaviors as important and communicative, and studies the KINE or the smallest unit of movement or motion. The External Variable approach however must be interpreted for it to be considered communication, and to be studied. Behaviors must also be full and completed, and it studies the KINEMORPH or the combination of lines, and specific whole movements. And it's also distinguished by idiosyncratic and shared info (personal behaviors/tendencies and behaviors with meaning for the particular group).</span>
3 0
3 years ago
Other questions:
  • True or false? conversion optimization is not an iterative process.
    7·2 answers
  • Jones Company purchased a piece of equipment for $12,000. It has accumulated depreciation at the end of three years of $4,000. W
    13·1 answer
  • When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attem
    6·1 answer
  • Which of the following is not a need-based source of financial aid
    8·2 answers
  • 12. Taxes can have all of the following economic effects EXCEPT
    11·1 answer
  • A share of stock is now selling for $120. It will pay a dividend of $10 per share at the end of the year. Its beta is 1. What mu
    7·1 answer
  • You would like to purchase one Class A share of Berkshire Hathaway through your Scottrade brokerage account. Scottrade charges a
    13·1 answer
  • Which of the following transactions does not affect cash during a period? Group of answer choices Write-off of an uncollectible
    13·1 answer
  • Five years from today, you plan to invest $2,500 for 7 additional years at 8.4 percent compounded annually. How much will you ha
    9·1 answer
  • A company's ________ serve as instructions for people to follow when accomplishing an activity on a computer.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!