Answer:
It is C. Democratic
Explanation:
It is Democratic, because free rein leaders can be described as
One who allows individuals under them to make most of the decisions or a policy of allowing employees/members of an organisation to handle problems by their own judgement.
This tells you that Free rein leaders can be described as Democratic
Socialism is the answer you are looking for I believe.
Answer:
$2,264.04
Explanation:
To find future value we use the formula:
Future Value = Annual payment × Future value annuity factor
Therefore,
![FV = P * [((1+r)^n - 1) / r]](https://tex.z-dn.net/?f=%20FV%20%3D%20P%20%2A%20%5B%28%281%2Br%29%5En%20-%201%29%20%2F%20r%5D%20)
Where P = Principal amount = $180
r = rate = 5% == 0.05
n = 10 years
![= 180 *[((1+0.05)^1^0) / 0.05]](https://tex.z-dn.net/?f=%20%3D%20180%20%2A%5B%28%281%2B0.05%29%5E1%5E0%29%20%2F%200.05%5D%20)
= $2,264.04
Therefore the Future Value is $2,264.04
Answer and Explanation:
The journal entry is shown below:
Cash Dr $98,800
Finance charge Dr ($120,000 × 1%) $1,200
To Liability - Financing Arrangement $100,000
(being receipts of cash is recorded)
Here cash and finance charge is debited as it increased the assets and expenses and liability is credited as it also increased the liabilities. Also, the cash & expenses contains normal debit balance and liabilities contains normal credit balance
