The opposite of a non convertible currency would be a convertible one
Answer:
Annual deposit= $188,842.66
Explanation:
Giving the following information:
Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million.
n= 15 years
i= 10%
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (6,000,000*0.10)/[(1.10^15)-1]
A= $188,842.66
Answer: Tax dollars are used to meet a public need indirectly. That is, the proceeds from the collection are applied to finance various public services for the benefit and satisfaction of citizens.
Answer: See explanation
Explanation:
The selected journal entries for the company has been prepared and attached. Note that:
Cash on January 1, 2017 was calculated as: = (30 × 5000 × 90%)
= 30 × 5000 × 0.9
= $135000
Paid in capital - stock options was calculated as:
= (80000 × 90%)
= $80000 × 0.9
= $72000
Common stock was gotten as: (5000× 90% × 1)
= $5000 × 0.9 × 1
= $450
Check the attachment for further details
Answer:
a) the parameter of interest is a proportion
b) the parameter of interest is a mean
c) the parameter of interest is a proportion
d) the parameter of interest is a proportion
e) the parameter of interest is a mean
Explanation:
In mathematics, two varying quantities are said to be in a relation of proportionality, if they are multiplicatively connected to a constant, that is, when either their ratio or their product yields a constant. The value of this constant is called the coefficient of proportionality or proportionality constant.
A mean is the simple mathematical average of a set of two or more numbers. The mean for a given set of numbers can be computed in more than one way, including the arithmetic mean method, which uses the sum of the numbers in the series, and the geometric mean method.