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diamong [38]
3 years ago
9

You plan to deposit $5,200 at the end of each of the next 15 years into an account paying 11.3 percent interest. a. How much wil

l you have in your account if you make deposits for 15 years
Business
1 answer:
scZoUnD [109]3 years ago
3 0

Answer:

Amount after 15 years = 183255.011

Explanation:

Below is the calculation to find the amount after 15 years:

Annuity amount or early deposited amount = $5200

Time period = 15 years

Interest rate = 11.3 %

Now we have to find the amount after 15 years:

Amount after 15 years = Annuity [((1 + r)^n - 1) / r ]

Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]

Amount after 15 years = 183255.011

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Morgan Industries is comparing and contrasting its ending inventory value in terms of the three common inventory costing methods
inn [45]

Answer:

Weighted average inventory cost method.

Explanation:

The Weighted Average Cost (WAC) technique for stock valuation utilizes a weighted normal to decide the sum that goes into cost of goods sold and inventory. The weighted inventory cost technique separates the expense of products accessible available to be purchased by the quantity of units accessible available to be purchased.

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3 years ago
10 reasons why kids should have phones Use your own words Explain your reasons
FrozenT [24]

Explanation:

For enjoying and enjoying the time of your life

3 0
3 years ago
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Please help. I’m struggling.. I will mark you as brainliest !!
jekas [21]
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5 0
3 years ago
True or false: standard rules exist to help managers identify appropriate allocation bases.
tangare [24]

False, standard rules doesn't exist to help managers identify appropriate allocation bases.

Standard Rules refers to strong moral commitments or ethics that allows smooth working of an organisation. It is basically fundamental requirements to govern an organisation. It could play a role in appropriate allocation bases but doesn't exist for it rather to keep check on principles and equality in an organisation. They are not legally binding. But, appropriate allocation bases require judgement. Managers use- the direct method or the sequential (or step) method or the reciprocal method, to develop judgements about allocation bases. Hence, the statement is false.

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4 0
2 years ago
During recessions, taxes tend to Group of answer choices fall and thereby decrease aggregate demand. rise and thereby decrease a
slega [8]

Answer:

The answer is D. fall and thereby increase aggregate demand

Explanation:

Recession is the condition of declining economic activities. The economy is contracting.

During recession, interest rates are falling, unemployment are increasing. Government decreases wages as one of the stimulus for its citizens. Decrease in wages will increase the disposable income of workers and help to cushion the effect of high prices of commodities during this period.

And because of increase in disposable income, aggregate demand increases.

And also monetary policy increases aggregate demand during recession by increasing the growth of the money supply

6 0
3 years ago
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