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4 years ago

When revenues equal spending, a budget is considered

1 answer:

8 0

c. balanced.

Upward urban growth will increase pollution as the number of people will increase. The increase in population and obstruction of free movement of air because of upward urban growth will result in a "heat island". Since the number of inhabitants is going to increase with upward urban growth, waste management will also become an issue.

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When does the Murderer strike? The ANS is , .

OleMash [197]

Answer:

at midnight

Explanation:

7 0

4 years ago

Goods and services are purchased by businesses as well as by individuals. a. True o O b. False

Nesterboy [21]

Answer:

true

Explanation:

7 0

3 years ago

Last year, Jose had to invest. He invested some of it in an account that paid simple interest per year, and he invested the rest

VladimirAG [237]

Answer:Please refer to the explanation section

Explanation:

The question is incomplete. We do not have the rate interest for both accounts. We also do not know how much is invested in each account. The question also has a typo, the question says "he invested some of it in an account that paid simple interest per year and invested the rest in an account that paid simple interest per year". We will make some assumption in order to provide a proper solution to this question

Assumptions:

Firstly we will assume he invested in a simple interest account and a compound interest account. assume

The total investment is $1000. $5000 is invested in each account.

Therefore the Present Value (PV) is $5000 for both accounts

Interest rate (R) is 10% per year for simple interest and 10% per per year Compounded monthly for compound interest account

Period (n) = 1 year

Simple Interest Account

Future Value (Simple Interest) = P(1 + Rn)

Future Value (Simple Interest) = $5000(1 + 0.10 x 1) = $5500

Interest from Simple interest account = 5500 - 5000 = $500

Compound interest Account

Future Value (Compound interest) = P(1 + R)^n

Future Value (Compound interest) = $5000(1 + 0.10/12)^12 = 5523.565337

Interest form Compound interest account = 5523.57 - 5000 = $523

compound interest account earned more interest than Simple interest Account

5 0

3 years ago

Read 2 more answers

Jill wants to start her own business, but knows little about how to set up an accounting system or interpret financial informati

arsen [322]

Answer:

B. Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions

Explanation:

You may employ someone to manage the accounts, but you do need to know how to read, understand, and interpret simple reports of accounting to make sound business decisions, as well as understanding whether someone is committing fraud with you. A simple knowledge can help with all of this.

The smooth operation of a company is practically impossible without being able to interpret, comprehend and evaluate accounting reports and financial statements.

Therefore according to the given situation, the correct answer is b

7 0

3 years ago

tax-free investments are so called because the interest or other income paid to their owners is federal, and, perhaps, state tax

attashe74 [19]

A tax-exempt mutual fund typically holds municipal bonds and different authorities' securities. This type of fund can offer tax blessings, alongside simplified diversification across special styles of government securities. Before you make investments, recollect how plenty of a go back a tax-exempt fund may additionally provide.

Tax-deferred money owed allows income to develop tax unfastened till you withdraw the cash. Tax-loose method no taxes are imposed on income or withdrawals at any time.

With a tax-deferred investment, you pay federal profits taxes while you withdraw money out of your investment, instead of paying taxes up the front. Any profits your contributions produce while invested also are tax deferred.

Learn more about tax here: brainly.com/question/25783927

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6 0

1 year ago