Answer:
FV= $75,437.02
Explanation:
Giving the following information:
Number of cash flows= 5
Cash flow= $10,000
Total number of periods= 10 years
Interest rate= 6% compounded annually
<u>First, we need to calculate the future value of the 5 cash flows in 5 years using the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {10,000*[(1.06^5) - 1]} / 0.06
FV= $56,370.93
<u>Now, the value at the end of 10 years:</u>
FV= PV*(1+i)^n
FV= 56,370.93*(1.06^5)
FV= $75,437.02
All of the following are benefits of participating in a QRIS system except (B) tax credits. QRIS or Quality Rating and Improvement System is a framework toward quality improvement and rating in building strong early care and education system. As early as childhood, this tool can help in the foundation of the children, especially in education.
Yes, the bakery is applying the concept of specialization
Answer:
Explanation:
The journal entries are shown below:
1. Cash A/c Dr $13,500
Photography equipment A/c $58,050
To Common stock A/c $71,550
2. Prepaid insurance A/c Dr $3,100
To Cash A/c $3,100
(Being the prepaid insurance is paid for cash)
3. Office supplies A/c Dr $2,565
To Cash A/c $2,565
(Being the office supplies are purchased for cash)
4. Cash A/c Dr $3,600
To Photography fees earned A/c $3,600
(Being cash is received)
5. Utilities A/c Dr $874
To Cash A/c $874
(Being the utilities are paid for cash)
Answer:
Television
Explanation:
While Matheus agrees with Jen that television would have a great impact as it would lead to more attention from a large number of people within a time period, and advertising on television has longer term effects. But they are not prepared for the cost of advertising on television. It is way too expensive to advertise on television