The correct statement is that the minimum contribution to be saved by Jarrod on a monthly basis should be $461. So, the correct option from the choices given above is B.
The monthly contribution can be calculated by taking into consideration the rise in tuition fee and then dividing such obtained amount by number of months left for such accomplishment of savings.
<h3>Calculation of monthly contribution.</h3>
- The formula for calculation of tuition fees of university will be computed by the formula using the given information as,
- The monthly contribution can be calculated by using the available values in the formula as,
- So the approximate monthly contribution to be made by Jarrod will be $461 every month.
Hence, the correct option is B that the approximate minimum monthly contribution to be made by Jarrod to save for university tuition fee will be $461.
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The worksheet is used for identifying the accounts that need to be adjusted, summarizing the effects of all the transaction of the period and adding the preparation of the financial statements.
<h3>What is a worksheet?</h3>
It is a document used in the accounting department for analyzing and ensuring accounting entries and records. It is the working space for entering the additional information about the accounting data.
Hence, option D is correct with respect to the worksheet.
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The stockholders in this firm basically own a call option and the assets of the firm with a stake price of $50,000
Explanation:
The financial contract between the two parties and the options between the buyer and the seller and the buyer have the rights but not the obligation to buy any required product is called as the call in the stock market
The changes that affect the commodity price will be the the base asset price the volatility and the time decay the strike price is usually the starting price of the commodity
