False because the base is 6 and the exponent is 4
Answer:
b. number of days' sales in inventory
Answer:
$1,213,657.685
Explanation:
For computation of compounded future value first we need to find out the present worth which is shown below:-
![Present\ worth = Initial\ amount\ of\ investment\times \frac{(1 - (1 + g)^n \times (1 + i)^{-n}}{i - g}](https://tex.z-dn.net/?f=Present%5C%20worth%20%3D%20Initial%5C%20amount%5C%20of%5C%20investment%5Ctimes%20%5Cfrac%7B%281%20-%20%281%20%2B%20g%29%5En%20%5Ctimes%20%281%20%2B%20i%29%5E%7B-n%7D%7D%7Bi%20-%20g%7D)
![= \$2,250\times (\frac{(1 - (1 + 0.04)^{45}\times (1 + 0.06)^{-45}}{0.06 - 0.04})\\\\ = \$2,250 \times \frac{1-0.216245988}{0.02}](https://tex.z-dn.net/?f=%3D%20%5C%242%2C250%5Ctimes%20%20%28%5Cfrac%7B%281%20-%20%281%20%2B%200.04%29%5E%7B45%7D%5Ctimes%20%281%20%2B%200.06%29%5E%7B-45%7D%7D%7B0.06%20-%200.04%7D%29%5C%5C%5C%5C%20%3D%20%5C%242%2C250%20%5Ctimes%20%5Cfrac%7B1-0.216245988%7D%7B0.02%7D)
= $88,172.32636
Now, Future value = Present worth × (1 + interest rate)^number of years
= $88,172.32636 × (1 + 6%)^45
= $1,213,657.685
Therefore we have applied the above formula to determine the future value.
D. would be the correct answer I believe!
Answer: (C) One advantage of an LLC is that its owner has only limited liabilities.
Explanation:
A Limited Liability Company (LLC) has the main advantage of its owners having only a limited liability when it comes to debts and liabilities. This is because the LLC is a bit of a mixture between a partnership and a corporation.
This mix results from the fact that LLCs are formed by partners but their personal assets will be separated from the business like in Corporations which means that in case of default, only the assets they brought into the business will be targeted.