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padilas [110]
2 years ago
11

A small independent television station will need to replace one of its cameras. They deposit $9,400 in an account that earns 3.7

% per year compounded semiannually. How much will they have toward the purchase of the camera in 3 years?
Business
1 answer:
daser333 [38]2 years ago
4 0

Answer:

$10,492.86

Explanation:

we are to determine the future value of the lump sum in 3 years

The formula for calculating future value:

FV = P (1 + r/m)^nm

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

m = number of compounding per year

$9,400 (1 + 0.037 / 2)^6 = $10,492.86

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The ______technique for group decision making in which discussion is structured and the final solution is decided by silent vote
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Answer:

The correct answer is nominal group technique.

Explanation:

This nominal group technique is a type of brain storming where structured meetings are being held among the members, where they will try to take out the solutions to the problems identified by them, and thus facilitating decision making. The meetings are structured here because the goal is to make sure the meetings are not dominated by few individuals and the silent members also share their thoughts and ideas with the rest of the group.

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3 years ago
Heather is sixteen but looks much older. she goes into a jewelry store and buys a diamond bracelet with the money she has been s
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D is the right answer I suppose
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All of the following statements regarding leases are true except : A. For a capital lease the lessee records the leased item as
faust18 [17]

Answer: B. Capital leases do not transfer ownership of the asset under the lease, but operating leases often do.

Explanation:

When using Capital Leases, the lessee will record the lease as if it were their own asset and as a result will also depreciate it. The lessee will also create a long term liability on their balance sheet for the asset.

Capital leases usually also involve a transfer of ownership to the lessee at the end of the lease term. Operating Leases on the other hand do not have these features. They are more like a rental of an asset and as such are recorded as a rental expense in the books of the lessee. The ownership remains with the lessor in an Operating Lease and the asset will be returned once the lease period is over.

5 0
3 years ago
A company issues $400,000 of 8%, 10-year bonds dated January 1. The bonds pay interest semiannually on June 30 and December 31 e
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Answer: Bonds Payable 50,000

Explanation:

5 0
3 years ago
The American Federation of Labor (AFL) had 1.6 million members by 1904. The AFL represented mainly skilled, white, native-born w
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Answer:

Explanation:

As the complete question is not given thus the complete question is found online and is attached herewith.

As per the complete question, the goals of the two foundations are required which are as follows:

American Federation of Labor:

American Federation of Labor made efforts for

  • <em>Cooperation among corporate and political leaders to achieve goals of the working community</em>
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Industrial Workers of the World

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