Answer: Option(d) is correct
Explanation:
According to the question, increasing taxes along with increasing amount given to poor ,ill or other severe-conditioned people by government can impact the people by increment in equality state at the cost of efficiency. Efficiency of society will be at hold while equality through providing payment ,service and health care is raised in this situation.
Other options are incorrect because free lunch, reduction in power of market and increment in efficient at cost of equality will not take place if taxes are raised with pay of welfare.Thus, the correct option is option(d).
Based on what you have a degree on, where the company/business is, would you be happy with the amount of money you got, and would you be ok with what you're doing.
Answer:
P = $1664.12 pay with 9% compounded monthly
P = 1652.98 pay with 9% compounded continuously
Explanation:
given data
time period = 20 year
amount = $10000
solution
we get here compound interest for 9% compounded monthly that is express as
FV = .................1
here P is principal amount and r is interest rate and n compound in year and FV is future value
$10000 =
solve it we get
P = $1664.12 pay with 9% compounded monthly
and
for 9% compounded continuously
FV = ............2
$10000 = P\times e^{0.09\times 20}
solve it we get
P = 1652.98 pay with 9% compounded continuously
Answer: Marcus can afford a loan of $167,597.76.
The mortgage factor tells us the monthly principal and interest rate payable for each $1000 of a loan.
Since we know the mortgage factor and the amount Marcus can make each month, we can determine the number of $1000 in his loan amount.
We do this by
This means that Marcus' loan will have 167.5977654 thousands.
Therefore we can find the amount of mortgage loan as
Answer:
The answer is B.
Explanation:
Some business transactions are so huge or large to the extent that there might be omission or error in recording transactions when they occur.
Adjusting entries are done to update entries for previously unrecorded expenses or revenues. They are usually done at the end of the months.
Since accrual methods are the most preferred, they are done to make Financial statement achieve the objective of 'completeness'