The original investment that Rob made was $4,981 with the rate of interest of 11% per year for 18 years.
<h3 /><h3>What do you mean by present value?</h3>
Present value (PV) refers to the current price of a future amount of money or move of cash flows given a certain price of return. Future cash flows are discounted at the discount price, and the better the discount price, the lower the present price of the future cash flows.
As per the given information:
A: $32,595
P: ?
r: 11%
n = 18 years
Therefore, The original investment that Rob made was $4,981 with a rate of interest of 11% per year for 18 years.
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George Washington: Washington has been called the "Father of His Country" for his manifold leadership in the formative days of the new nation.
They could influence the result by (<span>d.) replicating each treatment, including the control.
In researching something unknown, we never know what factors that might influence a certain occurrence. One way around this is to keep changing all the treatment and control on research subjects in order to find out which factors that gave out consistent results</span>
Answer:
The correct answer is option C.
Explanation:
An outlet store can be described as a store directly owned and operated by manufacturers who provide their products to the public often at discounted prices.
Here, in the given example, The Home Laughlin China Company of West Virginia produces Fiesta China and sells directly to the public in their store.
So, it is an example of an outlet store.
True.
For Accounts Payable denominated in a foreign currency, an increase in the direct exchange rate (dollar has weakened) results in an exchange gain.
<h3>What is an exchange gain or loss?</h3>
- A change in the exchange rate between the time an invoice was issued and the time it was paid results in an exchange gain or loss.
- An exchange gain or loss results when an invoice is entered at one rate and paid at another.
- The exchange rate at which the consumer pays for this invoice will ineluctably differ from the rate at which you recorded the invoice in your accounting system, even though you will have appropriately converted your prices.
- The cash you receive will be considerably more than what you initially invoiced as a result.
- This difference is known as an exchange gain or loss depending on which way the exchange rate has gone, i.e. whether the currencies involved have appreciated or depreciated in value (a gain or loss).
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