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Marysya12 [62]
3 years ago
6

Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years fr

om today.
Business
1 answer:
Taya2010 [7]3 years ago
4 0

Answer:

It will take 10.058 years from today.

Explanation:

Giving the following information:

Present value= $1,091

Future value= $1,728

Interest rate= 12%

<u>First, we need to calculate the number of years it will take to transform the PV into the FV:</u>

<u></u>

n= ln(FV/PV) / ln(1+i)  

n= ln(1,728/1,091) / ln(1.12)

n= 4.058 years

It will take 10.058 years from today.

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The amount of movement on a fault, or _____, is related to the size of an earthquake.
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The amount of movement on a fault, or offset, is related to the size of an earthquake.

<h3>What is earthquake?</h3>

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6 0
1 year ago
Who is a person who works and provides services for a fee, but not a full-time employee
topjm [15]

The correct answer should be C. contractor

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7 0
3 years ago
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As capital investment levels off, business spending decreases and leads to a possible contraction in the economy.
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8 0
4 years ago
At the end of its first year, the trial balance of Nygaard Company shows Equipment 532,900 and zero balances in Accumulated Depr
liq [111]

Answer:

Debit: Depreciation Equipment Expense: 4.400

Credit: Accumulated Depreciation Equipent: 4.400

Explanation:

As were never register any entry for Drepreciaton during the year, we must register the total ammount of the year.

The normal balance for the expense account is an expense and for the accumulated depreciation is a credit.

Lets go to see the T accounts:

            <u>EQUIPMENT</u>  

DEBIT                    CREDIT    

532 900,00  

 

           Accumulated Depreciation  

DEBIT                                            CREDIT    

                                                      4.400                                                                      

    Expense Depreciacion

DEBIT                           CREDIT    

4.400

BALANCE SHEET PRESENTATION:

ASSETS

FIXED ASSETS

EQUIPMENT                           532.000

Accumulated Depreciation     -4.400

NET FIXED ASSETS                                 528.500

5 0
3 years ago
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The Circle C is Ben's creditor. A creditor refers to someone or group of people who has lent money to someone or who has extend credit to another person or business entity. The money borrowed has to be return in full back to the creditor.
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