Answer:
$47,605.83
Explanation:
future value of Takashi's savings = $30,000 x 7.3359 (FVIFA, 8%, 6 periods) = $220,077
the value of each distribution payment = $220,077 / 4.6229 (PVIFA, 8%, 6 periods) = $47,605.83
These are ordinary annuities, therefore, so we can find their annuity factors using a table.
Answer:
The answer is A. by making loans.
Explanation:
Commercial banks don't print paper money(printing paper money is the sole responsibility of Central banks of every country) rather, commercial banks create money by making giving out loans to businesses, individuals or governments.
Money lent out to borrowers is gotten from deposits from customers. it is known that when banks lend out money(an asset to banks) a new deposit must be sourced from through new deposits from customers(a liability to banks)
Answer:
$90,400
Explanation:
Mondale Winery depreciates it's equipment by making use of the group method.
The cost of equipment that was purchased in 2021 totaled $565,000
The residual value of the equipment was $54,000
The group depreciation rate is 16%
= 16/100
= 0.16
Therefore, the annual depreciation can be calculated as follows
Annual depreciation= Cost of equipment × Group depreciation rate
= $565,000×0.16
= $90,400
Hence the annual depreciation for the group is $90,400
Here are the answers to the question above. The two ways that a person's wealth may be taxed according to the following:
Estate taxes are taxes levied on a person’s estate when that person dies. Inheritance tax is a tax on the property or assets that someone has passed on to <span>another. Hope this answers your question.</span>
Answer:
a. 24,000
Explanation:
The estimate of the units produced is shown below:
= Sales units + ending inventory units - starting inventory units
= 23,000 units + 9,000 units = 8,000 units
= 24,000 units
We simply added the ending inventory units and subtract the starting inventory units from the sales units so that the correct quantities can arrive.
