Based on the given above, in order to determine the present
value, the amount you needed should be divided from 1 plus the 2.6 compounded
annually on the savings which will be multiplied to three.
It goes as;
Present value = $6,500 / (1 + 0.026) 3 = $6,018.26
They need to deposit $6,018.26 today to pay for the entire
party.
Answer:
cash dividends: 3,000
Explanation:
We can solve for cash dividends based on how the equity method works:
Beginning investing
+ proportional net income
<u>- cash dividends received </u>
Ending investing
beginning + inomce - dividends = ending
10,000 + 4,000 - cash dividends = 11,000
cash dividends= 14,000 - 11,000
cash dividends = 3,000
when received, the journal entry for the dividends was as follow:
cash 3,000 debit
investing 3,000 credit
to record cash received from investment
Answer:
d. compound interest
Explanation:
Compound interest basically means that previously earned interests will earn interests on their own. For example, you invest $100 and receive a 5% yield. At the end of year 1 you will have $105. At the end of year 2 you will have $105 x 1.05 = $110.25. The $5 in interests previously earned during year 1 will earn $0.25 interest during year 2.
Answer:
Secondary mortgage market
Explanation:
The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors
here the transfer is to be done with respect to the mortgages that are previously existed between the investors
Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered
Advertising is a paid form of communication, delivered through media from an identifiable source, about a service, product and Idea.
<h3>What is advertising as a form of communication?</h3>
A product or service's customers can be reached through advertising. According to the Advertising Association of the UK, advertisements are messages that are paid for by those who send them and are meant to inform or persuade individuals who receive them.
The advertising industry is made up of businesses that advertise, agencies that produce the ads, media that run the ads, and a large number of individuals who take the ads all the way to the consumer or recipient, including copy editors, visualizers, brand managers, researchers, creative minds, and designers.
Learn more about advertising, here:
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