Due to the nature of CDs, once the money is deposited, it remains there until maturity (unless you wish to pay a large penalty) and the interest rate remains the same.
Age is not a factor in maturity; rather, maturity is determined by the way you decide to behave and react to different life experiences. It is essentially a stage of mental maturity or wisdom that affects every aspect of a person's life, from behaviour to interpersonal relationships. An emotionally mature person has attained (and strives to attain) a level of self-understanding with regard to their thoughts and behaviours, and after doing so, they decide how to effectively approach and cope with situations that could otherwise be difficult or problematic. Brain Maturity Continues Long After Adolescence Most laws consider 18 to be the legal age of adulthood. However, new research on brain development indicates that the majority of people don't attain complete maturity until they are 25 years old. Accepting responsibility for your own words and deeds may be the most crucial aspect of maturing as a person. Always keep in mind that things don't just happen to you. Your words and deeds have an impact on both you and other people because you are an agent in your own life.
Learn more about maturity here
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Answer:
Wei Company
Journal Entry:
Debit Allowance for Doubtful Accounts $7,800
Credit Accounts Receivable $7,800
To write-off accounts determined to be uncollectible.
Explanation:
a) Data and Calculations:
Allowance for Doubtful Accounts (Balance) = $35,000
Uncollectible accounts:
Oakley Co. $1,400
Brookes Co. $6,400
Total = $7,800
b) The amount of $7,800 considered to be uncollectible is written off against the Accounts Receivable. This reduces the Accounts Receivable while correspondingly increasing the Allowance for Doubtful Accounts.
Answer:
A. no
Explanation:
If there is no tax rate per CDminusRom, to import it will cost less. It is easier when there is no tax rate attached. Therefore, The United States will import 3 million CDminusRom drives if ____NO____ tax per CDminusRom drive is levied on imported CDminusRom drives. Hence, the answer is A
Answer:
Therefore, the Salary that Gander Corporation Pay Patrick during the Period without Negative Tax effects is $15,000.
Explanation:
Calculation of the Salary that Gander Corporation Pay Patrick during the Period:
December 1 through December 31 of the Current Year is One Month, They have to Pay 1/12 of the following year tax:
The salary for the deferral period (December 1 through December 31) must be at least proportionate to the employee’s salary received for the fiscal year.
Gander Corporation must pay the amount to Patrick during the Period December 1 through December 31, to permit the continued use of its fiscal year without negative tax effects is as follows,
$180,000 *1/12 = $15,000
Answer:
overstate.
Explanation:
An unchanging basket of goods assumes that consumers are restricted from purchasing exactly the corresponding goods, without caring for changes of the price which are not a very likely hypothesis. <u><em>The result of substitution bias is that the increase in the price of a fixed basket of goods over time tends to</em></u> overstate the rise in the true cost of living of the consumer because it does not take into consideration that the person can substitute away from goods whose corresponding prices have increased.
