Deposit a paycheck from your job is a method of gaining access to the
money in your checking account.
<h3>What is a Checking account?</h3>
This is also known as a current account in which customers are allowed to
make deposits and withdrawals in the banks.
Paychecks are usually deposited in banks so as to enable the customers
have access to the money in their accounts through the use of debit cards
and other forms of payments.
Read more about Checking account here brainly.com/question/13976027
Answer:
IRR 1.50%
It will receive 300,000 dollars when:
250,000 is return of capital and 50,000 will be considered profit.
Explanation:
1,000 x 300 months = 300,000 dollars
The IRR will make the payment match the present value of the $250,000 principal
That will be the yield of the investment.
C 1,000.00
time 300
rate 0.001251129 ( we solve for the rate using excel goal seek or a financial calcualtor
PV $250,000.0000
Now, as this are monthly payment we multiply by 12 to get the annual convertible rate:
0.001251129 x 12 = 0.015013551
rate = 1.50% per year
Answer:
$79,097
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as
Assets = Liabilities + Equity
While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
Hence in current year,
Total equity = $255,213 - $151,328
= $103,885
If retained earnings is $47,588 then common stock
= $103,885 - $47,588
= $56,297
Change to equity next year
= $55,000
Change to retained earnings
= $44,200 - $12,000
= $32,200
Hence change in common stock
= $55,000 - $32,200
= $22,800
Common stock balance
= $56,297 + $22,800
= $79,097
Answer: Personal source
Explanation: Personal source of information refers to those sources of information with witch the seeker of information have some relation or right at a personal level.
In the given case, Dora gained information about the best sunscreen from her friend. Thus, she has some relation with the source of information.
Hence from the above we can conclude that the correct option is C .
Answer:
c) passive fund.
Explanation:
The passive fund seeks a favorable long-term rate of return from a diversified portfolio selected to track the overall market for common stocks publicly traded in the United States, as represented by a broad stock market index.
It is a variable annuity investment approach of TIAA-CREF mutual funds that focuses on equity and with the objective of blending broad market.