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Ulleksa [173]
3 years ago
14

Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $5

0,000 five years from now. How much must Carol deposit to accomplish her goal
Business
1 answer:
mash [69]3 years ago
8 0

Answer:

PV= $37,204.70

Explanation:

Giving the following information:

Interest rate= 6% compounded semiannually= 0.03

Future value= $50,000

Number of periods= 5*2= 10

To calculate the initial investment to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

PV= 50,000/(1.03^10)

PV= $37,204.70

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DerKrebs [107]

Answer:

Mountain and Meadow Tree services prepaid rent $6,600 on December 1 for 6 months rent.

Note for asset and expense accounts when they increase you debit and when they reduce you credit.

The first entry

On December 1 : Debit Prepaid Rent account for $6,600

Narration: Prepaid rent for 6 months

Balance: $6,600

Since the rent is for 6 months, monthly payment will be= 6,600/6= $1,100

On December 31 post the following adjusting entries

December 31 : Debit Rent Expense $1,100

Narration: Rent for December

Balance: $1,100

December 31 : Credit Prepaid Rent $1,100

Narration: Rent for December

Balance: $5,500

6 0
4 years ago
Websites not only give us information, but they also inspire designers in their layouts, illustrations, images, typefaces, and c
JulsSmile [24]

Answer:

Explanation: Post the link of the site you are using for this exercise and then provide the answers to the following questions: What hues, shades, or tints can you identify? What color model is being used in the website? What color scheme is being used? Are the colors warm or cool? What emotions do the colors make you feel?

What hues, shades, or tints can you identify?

Primary and Secondary colors (Yellow, Orange, Red, Violet, Blue, and Green) are considered hues; however, tertiary colors (mixed colors where neither color is dominant) would also be considered hues. Tint refers to any hue or mixture of pure colors to which white is added. Pastel colors are generally tinted colors.

What color model is being used in the website?

Additive Color Model — also known as the RGB color model. RGB stands for Red Green and Blue. RGB model uses light to display colors and are mainly used for web media.

What color scheme is being used?

1. Monochromatic color scheme · 2. Analogous color scheme · 4. Triadic color scheme · 5. Split-complementary color scheme

Are the colors warm or cool?

Warm colors like red, yellow and orange evoke higher arousal emotions.

What emotions do the colors make you feel?

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6 0
2 years ago
When a company pays a dividend, it isn't as simple as getting a paycheck from one's employer. There are several critical dates i
belka [17]

Answer: 1. Declaration Date

2. Payment Date

3. Holder-of-record date

4. Ex-dividend date

Explanation:

1. On the Declaration Date, the company's Director announces that they will pay a dividend as well as the amount of the dividend. This is recorded in the books by crediting it to Dividends payable.

2. On Payment day the dividends are disbursed amongst shareholders. Cash Account is credited and Dividends Payable is debited.

3. The Holder-of-record day is the day the company notes who the owners of it's stock are so that they may receive the dividend.

4. On the Ex-dividend date which is usually 2 days before the record date, any stock bought on or after this date will.not receive any Dividend payment.

6 0
3 years ago
A company making tires for bikes is concerned about the exact width of its cyclocross tires. The company has a lower specificati
ANEK [815]

Answer:

the process capability index for the process is 0.4761

Explanation:

The computation of the process capability index for the process is shown below:

= minimum of [(23.3-23.1) ÷ (3 × 0.14),(23.1 - 22.8) ÷ (3 × 0.14)]

= minimum of (0.4761, 0.7142)

= 0.4761

Hence, the process capability index for the process is 0.4761

The same should be considered and relevant  

4 0
3 years ago
If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is:
Luden [163]

Answer:

Hello Friend, I've done my personal research, and I apologize if the answer is incorrect.

The natural unemployment would be 5%.

Explanation:

The percentages of both kinds of employment statuses have an amount of what the natural rate of unemployment would be 5% which is the answer that is provided.

7 0
3 years ago
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