Answer:
$3,992.87
Explanation:
To determine the amount that would be deposited every year, the formula to be used is : future value/ annuity factor
Annuity factor = {[(1+r) ^N ] - 1} / r
FV = Future value = $82,000
P = Present value
R = interest rate = 7.3%
N = number of years = 13
= (1.073)^13 - 1 / 0.073 = 20.536622
$82,000 / 20.536622 = $3,992.87
I hope my answer helps you
The answer to this question is: <span>beauty and stability
the symmetrical design on this building creates a fancy and elegant look from the Taj mahal.
The design somehow conveys that a very important person once live on that site and the building was created to make all citizens feel awed</span>
Answer:
Debit Credit
Bank/Cash $200,000
Bonds payable $200,000
Explanation:
The journal entry which shall be recorded by Meister Company in its accounts in respect of bonds issued by it, on January 1, 20X1, is mentioned below:
Debit Credit
Bank/Cash $200,000
Bonds payable $200,000
Answer:
A) The policy would provide a maximum of $100,000 for each person who was injured, and no more than $300,000 for total injuries of all parties in the accident.
Explanation:
The auto liability insurance policy held by the driver is an example of a split limit liability insurance. The split limit insurance of 100/300/50 is explained thus:
$100,000 - bodily injury liability insurance per person
$300,000 - Total bodily injury liability insurance per accident
$50,000 - Property damage liability per accident.
Answer:
Money is called any element that works in a given territory as a method of exchange of wealth and as a reserve of value, that is, it can be exchanged between individuals for other goods, and that in turn can be accumulated by each individual to add to your personal wealth. In this context, almost any item that has been commonly accepted as having these characteristics can be considered money. However, there are circumstances in which, either due to their lack of storage practicality, or their high value in itself, certain elements escape this possibility. This is the case of a gold ring, whose excessively high value and the impossibility of its fractionation take away the possibility of being used as a method of exchange.
