Answer:
A
Explanation:
Saving early will allow you to gain more money because your interest will build over time.
Answer:
pricing
Explanation:
pricing is the amount you pay a buissness for their product.
Answer:
Explanation:
The journal entries are shown below:
A. Uncollectible Expense A/c Dr $11,520
To Allowance for doubtful accounts A/c $11,520
(Being the uncollectible expense is recorded)
The computation is shown below:
= $1,152,000 × 1%
= $11,520
B. Uncollectible Expense A/c Dr $12,960
To Allowance for doubtful accounts A/c $12,960
(Being the uncollectible expense is recorded)
The computation is shown below:
= $1,152,000 × 1.5% × 75%
= $12,960
C. Uncollectible Expense A/c Dr $9,816
To Allowance for doubtful accounts A/c $9,816
(Being the uncollectible expense is recorded)
The computation is shown below:
= $12,000 - $2,184
= $9,816
Fitzgerald wanted his novel to be mysterious. He need not give out all the information because he wanted the readers to be suspenseful regarding the story. Gatsby doesn't understand how he isn't welcome because he's too naive for thinking he is important.
Answer:
Explanation:
Interest Factors
<u>Periods 6% 7% 8% 9% 10% 11
%</u>
1 1.0600 1.0700 1.0800 1.0900 1.1000 1.1100
2 1.1236 1.1449 1.1664 1.1881 1.2100 1.2321
3 1.1910 1.2250 1.2597 1.2950 1.3310 1.3676
4 1.2625 1.3108 1.3605 1.4116 1.4641 1.5181
1)
Future value paying simple interest = Principal + [( principal * interest) * investment period]
Future value paying simple interest = $2,000 + [ ( $2,000 * 9%) * 3]
Future value paying simple interest = $2,000 + 540
Future value paying simple interest = $2,540
2)
Future value paying compound interest = Present value * ( 1 + interest)n
Future value paying compound interest = $2,000 * ( 1 + 0.09)3
Future value paying compound interest = $2,000 * 1.295029
Future value paying compound interest = $2,590.058
3)
Difference = $2,590.058 - 2,540
Difference = $50.058