Answer:
5.0%
Explanation:
You can solve this using financial calculator .I'll be using (Texas Instruments BA II Plus)
<em>Note; If using same calculator as mine, key in the number first then the function key.</em>
Initial investment ; PV = -1000
Recurring payment ; PMT = 50
Duration of investment; N = 5
Future Value at the end of 5 years ; FV = 1000
Then CPT I/Y = 5%
Therefore, the expected rate of return on this investment would be 5%
There are different ways to make entry in a balance sheet. It is obvious that an error occurred in the preparation and/or posting of closing entries, if all balance sheet accounts have zero balances.
<h3>Should a balance sheet always have a zero balance?</h3>
Note that the sum of a company assets, liabilities and equity must always balance to zero.
For one to be able to have or generate a balance sheet report that is not equal zero, the balance sheet is said to be out of balance and this may create an error in the ledger transactions.
Learn more about balance sheet accounts from
brainly.com/question/1113933
The fact that money can be used as a medium of exchange is as a result of it being a <u>stock </u>of some items.
<h3>What can money do?</h3>
Money allows for us to trade goods and services which makes it invaluable as a medium of exchange.
The reason money can do this is because it can be denoted as the stock or value of some items.
Find out more on the purposes of money at brainly.com/question/3182649.
Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.
<h3>
What is aided recall?</h3>
Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.
Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.
Inconclusion this is an example of Aided recall.
Learn more about Aided recall here:brainly.com/question/24106562
