Answer:
The present value of the promised gift will:
be less than $5,000.
Explanation:
The present value of $5,000 to be received in three years' time from today is less than $5,000 received. This is explained by the time value of money concept. If the $5,000 gift is discounted to today's value, using a discount factor of 0.751 (10% in three years' time), it would be $3,755 ($5,000 * 0.751). This means that $5,000 received in year 3 is less than $5,000 received today.
Communicate positively, and encourage other people
Answer:
c = 2164.16
Explanation:
GIVEN DATA:
Cash Flow= 25000
Interest rate= 10%
Total Periods= 80 - 60= 20 years
PV Ordinary Annuity

Annuity to be paid from 35 age to 60 age for amount of 212839.09
No of Periods = 60 - 35 = 25 years
Future Value = 212839.09
Interest rate = 10%
FV Ordinary Annuity 

c = 2164.16
Answer:
Explanation:
The journal entries are shown below:
a. Inventory A/c Dr $26,000
To Notes payable A/c $26,000
(Being inventory is purchased for signing the short term notes payable)
b. Interest expense A/c Dr $780
Notes payable A/c Dr $26,000
To Cash A/c $ $26,780
(Being cash is paid on maturity)
The interest expense is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $26,000 × 6% × (6 months ÷ 12 months)
= $780
The 6 months is calculated from March 1 to September 1
I believe the answer is: d. the man you met while walking your dog
Opportunistic association refers to an association that is formed that you met by small chance when you are doing your daily activities. Meeting that specific man when walking your dog could only occurs in small chance if you both somehow decided to pass the roads at the same time.