Answer:
PV= $67,556.42
Explanation:
Giving the following information:
Future value (FV)= $100,000
Number of periods (i)= 5*2 = 10
Interest rate (i) = 0.08/2 = 0.04
<u>To calculate the initial investment (PV), we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 100,000 / (1.04^10)
PV= $67,556.42
To defend success-fully against enforcement of the contract on similar grounds, Raven might rely on traditional notions of fraud.
<h3>What is the definition of the term fraud?</h3>
Britannica Dictionary definition of FRAUD. 1. : the crime of using dishonest methods to take something valuable from another person. [noncount] He was found guilty of bank fraud.
<h3>What are the three types of frauds?</h3>
The 3 Main Types of Fraud
- Asset misappropriation.
- Bribery and corruption.
- Financial statement deception.
Learn more about fraud here:
<h3>
brainly.com/question/1266884</h3><h3 /><h3>#SPJ4</h3>
For pen pals? becuase i know an awesome site that will give you random adresses.
Answer:
A. It must show a surplus in its capital account.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
Generally, a deficit on the current account of a country leads to a surplus on the financial and capital account. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
Hence, if a country has a current account deficit, it must show a surplus in its capital account.
In conclusion, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.