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cluponka [151]
3 years ago
8

Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in savings account. The high

er the interest rate _____.
Business
1 answer:
mamaluj [8]3 years ago
4 0

Answer:

The higher the interest rate, the lower the time required.

Explanation:

Giving the following information:

Suppose you are trying to save $20,000 to buy a used boat and you are going to deposit $5,000 today in a savings account.

The higher the interest rate, the lower the time required.

As the money invested and the future value required are fixed, the only variables are the interest rate and the time between deposit and objective.

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Journalize the entries to record the following transactions for Mountain Realty Inc.:
kherson [118]

Answer and Explanation:

The journal entries are shown below"

On Aug 26

Cash Dr $768,000

         To Common stock $640,000

         To Additional paid in capital $128,000

(Being issuance of the common stock is recorded)

On Oct 1

Cash Dr $410,000

        To preferred stock $410,000

(Being the issuance of the preferred stock is recorded)

On Nov 30

Cash Dr $187,000

         To Common stock $170,000

         To Additional paid in capital $17,000

(Being issuance of the common stock is recorded)

3 0
3 years ago
In your company's management development program, there was a heated discussion between
GREYUIT [131]

Answer:

The most sensible position is to understand that theory, while not practical in itself, can be immensely helpful when dealing with pratical matters.

This is because theory gives you a sound conceptual foundation that can be used to analyze the practical context, and approach it with the best possible practical solutions.

Without theory, managers have to rely too much on intuition, which can often fail.

3 0
3 years ago
Explain the utility of statistics as a manegerial tool​
Veseljchak [2.6K]

Answer:

"Statistics is a board of method for maintaining knowledge. It is a simple and economical method to find the means and valuable data even for large numbers. In a managers life it is a very helpful tool to do analysis and making business growth values and make right forecast".

Explanation:

5 0
3 years ago
Is it bad to call someone a pig
algol [13]
Well to me I feel that it is kinda rude to call someone that. but if you say just kidding at the end  then I'll take it as a joke lol. ((:
8 0
3 years ago
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Which is an example of easy-access credit? $3000 monthly line of credit credit card with a $4,000 limit one-week payday loan for
mario62 [17]

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Option C: one-week payday loan for $350

Explanation:

Ed-gen-ui-ty 2020

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