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Tasya [4]
3 years ago
8

If you invest $5,000 in a simple interest account at 1.8 percent for 5 years, what is the amount in the account at the end of 5

years?
Business
2 answers:
dolphi86 [110]3 years ago
7 0

Answer:

$5,450

Explanation:

Simple interest is constant throughout the 5 years

Formula for simple interest  is principal amount multiplied by interest rate

Calculation amount { A }after five years

A=  P(1 + r t)

Here,

P= $5000,00

R= 1.8 percent

T=5 years

A= 5000(1+ 1.8/100 x 5)

A= 5000(1 + 0.018 x 5)

A= 5000x 1 +0.09

A= 5000 x 1.09

A=$5,450

Nostrana [21]3 years ago
6 0

Answer:

5450

Explanation:

just took the test

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The right answer is none of the above, its Bonds payable.
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Assume that aggregated fact table B is based on the detailed fact table A. Which of the following is FALSE
jeyben [28]

The false statement is E) Table B has more records than Table A

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Your question is incomplete. Please read below to find the complete question.

Assume that aggregate fact Table B is based on the detailed fact table A. Which of the following is false?

A) a number of dimensions that Table B is connected to are equal to or less than the number of dimensions that Table A is connected to.

B) a number of records in Table B are equal to or less than the number of records in Table A.

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7 0
2 years ago
Adelene, who lives in a winter resort area, rented her personal residence for 14 days while she was visiting Brussels. Rent inco
frez [133]

Answer:

a) The effect the rental activity has on Adelene's AGI is $0.                          

b) The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

Explanation:

a)

particulars                                      amount                  amount

rental income                                                                $5,000

property taxes                               $3,800

mortgage interest                          $7,500

utilities                                             $3,700

insurance                                         $2,500

repairs                                              $2,100

depreciation                                     $15,000

total deduction                                                    $34,600

AGI                                                                           $0

Therefore, The effect the rental activity has on Adelene's AGI is $0.                          

b)

particulars                                      amount

Real property taxes                       $3,800

mortgage interest                          $7,500

utilities                                             $3,700

insurance                                         $2,500

repairs                                              $2,100

depreciation                                     $15,000

total expenses                                  $34,600

Therefore, The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

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What Human Resource Management activities were illustrated by Sam’s schedule in the Application Case?
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Explanation:

First we need to understand what activities are performed by human resource management. They are:

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According to the text, none of these activities were performed by Sam on that particular day. What we can analyze is that during the working day, there were some situations that distracted Sam and prevented him from performing tasks efficiently.

He did not know how to properly manage the time to carry out the proposed activities, which were attempts to execute projects and priority by the integration of the objective management program (MBO), but the plans were never put into action by Sam, because he did not. there was no procedure for conflict resolution at work and did not share your work

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4 years ago
Outdoor Expo provides guided fishing tours. The company charges $200 per person but offers a 10% discount to parties of four or
lukranit [14]

Answer:

a. Recording of transactions:

May 7, Accounts Receivable (Dr.) $900

Sales Revenue (Cr.) $900

May 15, Customer service Expense (Dr.) $360

Sales Allowance (Cr.) $360

May 20, Cash (Dr.) $495

Cash Discount (Dr.) $45

Sales Allowance (Dr.) $360

Accounts receivable (Cr.) $900  

Explanation:

b. Net Sales :

Total Quote ($180 * 5 ) = $900

Less : Cash Discount 5% = 45

Less : Sales Allowance 40% = 360

Net Sales = $495

c. Outdoor expo will record sales after deducting the cash discount. This discount is availed by customer as repayment is made within 15 days. The sales allowance is subtracted from the gross sales as the compensation is made from the outdoor expo due to mistake from their guide on tour. The net sales reported in Income statement will be $495.

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3 years ago
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