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IrinaVladis [17]
3 years ago
6

What is the harder subject you guys ever did

Business
1 answer:
Debora [2.8K]3 years ago
3 0

Answer:

Science

Explanation:

is the hardest subject, now.

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Your grandfather put some money into an account for you on the day you were born. You are now 18 years old and are allowed to wi
raketka [301]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Value at 18= $4,909

Interest rate= 3%

To calculate the final value, we need to use the following formula:

FV= PV*(1+i)^n

A) Number of years= 7

FV= 4,909*(1.03^7)= $6,307.45

B) Number of years= 47

FV= 4,909*(1.03^47)= $19,694.39

C) Finally, we need to determine the original investment. We need to isolate the present value from the formula:

PV= FV/(1+i)^n

PV= 4,909/(1.03^18)

PV= $2,883.52

5 0
3 years ago
Which of the following is true about a "credit"? I. It is part of the double-entry procedure that keeps the accounting equation
kipiarov [429]

Answer:

III. I, II, III, and IV.

  • I. It is part of the double-entry procedure that keeps the accounting equation in balance.
  • II. It represents a decrease to assets.
  • III. It represents an increase to liabilities.
  • IV. It is on the right side of a T-account.

Explanation:

The debit-credit balance is necessary for maintaining the accounting equation in balance, i.e. all the debits must have a corresponding credit.

Asset accounts increase when they are debited and decrease when they are credited.

Liabilities accounts decrease when they are debited and increase when they are credited.

Debits are on the left side of a t-account and credits are on the right side.

3 0
3 years ago
PLEASE HELP ASAP ITS A TEST
skelet666 [1.2K]

Answer:

A is the right answer so right it

8 0
3 years ago
Read 2 more answers
Barbara made a contract to sell a house to Bolton. The agreement stated that it was contingent upon the buyer being able to secu
Levart [38]

Answer and Explanation:

A due on sale clause is simply a stipulation in the mortagage agreement that the

"borrower if he wants to sell the property to some other person, first of all he (borrower) shall repay the entire outstanding mortagage amount and then only it is possible to sell the property which is secured under Mortagage agreement.

Hence in essence, the borrower must repay before selling it to some other person which will result in paying the sale proceeds of house to the lender first and the Borrower again has to take loan sometimes from the same lender.

Hence it is imperative that the mortagage obligation cannot be transferred to any other person. That is any subsequent buyer cannot ASSUME the mortagage. Therefore due on sale

Clause prevents assuming of mortagages.

6 0
3 years ago
Robert works in the import-export department of Bank of America and he has noticed the following spot currency quotes: 1 U.S. do
lubasha [3.4K]

Answer:

2.3925

Explanation:

The computation of the Mexican pesos is shown below:

= (1 British pound × 1 U.S. dollar) ÷ 1 British pound for the Danish krone

= (1.65 × 10.875 ÷ 7.5)

= 2.3925 Mexican pesos

Simply we multiplied the 1 British pound with the 1 US dollar and then divide it by the 1 British pound for Danish krone so that the correct spot currency can come

3 0
3 years ago
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