What types of technology have enable gig jobs to become a larger part of the workforce?
1 answer:
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Answer:
check able deposits = $500
correct option is C. $500
Explanation:
given data
cash deposit = $100
reserve ratio = 20%
to find out
check able deposits
solution
we will apply here check able deposits formula that is express as
check able deposits = cash deposit + ( deposit cash - ( deposit cash × reserved ratio ) × ) ...........................1
put here value we get
check able deposits = $100 + ( $100 - ( $100 × 20% ) × )
check able deposits = $500
correct option is C. $500
Answer:
Land amount= 367,990
Interest amount= 149,010
Explanation:
this question can be solve applying the concept of future value, as it is a zero interest or zero coupon it only, it means the bond does not pay money in the time, so
where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:
solving we have PV=367,990
so the land value is 367,990 and the interest expenses are 517,000 - 367,990=149,010