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GuDViN [60]
3 years ago
10

You’re sitting on the couch in the evening watching TV when you suddenly remember that you were supposed to send Jeremy some inf

ormation about a shared project. Should you text him right away before you forget?
Business
1 answer:
almond37 [142]3 years ago
7 0

Answer:

yes sure

Explanation:

there are words and actions in our mind that we will remember so we will either write it up or say before it will go out. so you must tell Jeremy

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Lisa Simpson, age 8 genius, deposits $100 today and plans to continue making additional deposits of $100 at the end of each quar
alukav5142 [94]

Answer: $8,009.3

Explanation:

Given that,

Deposits(P) = $100 today (Annuity amount)

Additional deposits = $100 end of each quarter for the next 13 years

nominal annual rate = 6% compounded annually

Quarterly\ rate(r) = \frac{0.06}{4}

                               = 0.015

No. of deposits (n) = 53

Payments are made at end of quarter. So future Value of annuity formula will become applicable.

Future value of annuity due = P\times\frac{(1+r)^{n}-1}{r}

                                                            = 100\times\frac{(1+0.015)^{53}-1}{0.015}

                                                            = 100 × 80.09

                                                            = $8,009.3

Therefore, she will have $8009.38 for her trip.

5 0
4 years ago
A video game that usually costs $50 is on sale for $32.50. what percent of the regular price is the discount?
IrinaVladis [17]

discount + selling price ($32.5) = $50, this implies that the discount is $50 - $32.5 = 17.5

therefore the discount percent:  $50 = 100%

                                                   $17.5 = ?

                                                    $17.5 x 100/$50

                                                       35%

5 0
4 years ago
On September 1, 2016, a company issued a $50,000, 6-month, 9% note payable to purchase equipment. At December 31, 2016, the comp
8_murik_8 [283]

Answer:

Debit Interest Payable for $1,500, debit Interest Expense for $750, and credit Cash for $2,250

Explanation:

The journal entry is shown below:

Interest expense A/c Dr $750

Interest payable A/c Dr $1,500

              To Cash A/c $2,250

(Being cash is paid on maturity)

The computation is shown below:

For interest payable

= $50,000 × 9% × 4 months ÷ 12 months

= $1,500

The 4 months from September 1 to December 31

For interest expense

= $50,000 ×9% × 2 months ÷ 12 months

= $750

The two months are January to February

And, the cash is $1,500 + $750 = $2,250

5 0
4 years ago
A company pays its employees $4,250 each Friday, which amounts to $850 per day for the five-day work week that begins on Monday.
svlad2 [7]

The options provided in the question are incorrect.

Answer:

Salaries Payable = 3400

Explanation:

The unpaid salaries for the week or the balance of the salaries payable can be calculated by multiplying the salary per day by the number of days worked in the week till the end of the accounting period. Thus, we will multiply 850 which is the salary per day by 4 as from Monday to Thursday, 4 work days have passed.

Salaries Payable = 850 * 4

Salaries Payable = 3400

4 0
3 years ago
5. Use the information below to answer question 5:
NemiM [27]

Answer:

(a) Excess reserves = 200

(b) Monetary base (B) = 900

(c) Money multiplier = 10

Explanation:

Assuming that the required reserve ratio (missing in the question) is 0.1:

(a) Excess reserves = Reserves - Required reserves

Reserves = 400

Required reserves = Deposits x Required reserve ratio

                               = 2000 x 0.1

                               = 200

Hence, Excess reserves = 400 - 200

                                        = 200

(b) Monetary base (B) = Reserves + Currency

                                    = 400 + 500

                                    = 900

(c) Money multiplier = 1 / Required reserve ratio

                                 = 1 / 0.1

                                 = 10

5 0
4 years ago
Read 2 more answers
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