First step is to compute for the interest that is gained from the described investment.
I = P x i x n
where P is the principal amount, i is the interest rate, and n is the number of years.
I = ($1200) x 0.04 x 8 = $384
Then, we add the interest gained to the original amount.
F = P + I = ($1200) + ($384) = $1584
Thus, the amount after 8 years is $1584.
True. Fixed cost per unit is inversely proportional to the volume of units produced.
Fixed costs per unit are inversely proportional to the volume produced because depending on the amount of units made, the amount spent on fixed costs is then based. Because they are related to one another, this statement is true.
In dealing with the Federal reserve, the key responsibilities of the Fed are lending money to the government and formulating monetary policies.
The federal reserve of the United states is what acts as the central bank of the country. The Feds helps to
- Regulate the money supply that is in the country
- Regulate the operations of banks
- Establish monetary policies.
The board of governors in the banks help to study the current issues that are existent in the economy, then they formulate the adequate policies that would help to take care of the issues.
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Answer:
$32,800
Explanation:
The computation of the ending balance in the owner capital account is shown below:
= Net income reported + total investment for the first month
= $27,400 + $5,400
= $32,800
We simply added the net income and the total investment reported during the month so that the ending balance in the owner capital account could arrive
Answer:
1) Achievement
2)Values
3) Enterprising
4) Organization, Management, and
Leadership
5) Arts, Audio-Video Technology & Communications
6) Transferable Skill
7) Job
8) Cooperating, Providing Support, and Expressing feelings
9) Investigative
10) Intrinsic Value
Explanation: