Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment= $1,000
Annual interest rate= 6% = 0.06
Number of periods= n
<u>To calculate the future value after "n" periods, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>For example:</u>
n= 6 years
FV= 1,000*(1.06^6)
FV= $1,418.52
Answer:
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Answer:
a. $3,725
b. $3,945
Explanation:
a. The computation of the adjusted cash balance is shown below:
= Bank statement balance + Deposits in transit - outstanding checks
= $3,400 + $1,000 - $675
= $3,725
b. The computation of the book balance of cash before the reconciliation is shown below:
= Adjusted cash balance + service charge + NSF checks - interest earned - recording error
= $3,725 + $12 + $240 - $7 - $25
= $3,945
Answer:
Ms. Fresh loss will be $800 and Basis in new shares is $3,950
Explanation:
Her Loss on sale of stock would be computed as:
Loss = Sale Value - Purchase price
= $4,800 - $5,600
= ($800)
As she repurchased the IBIS stock within the expiry of 30 days, she is not allowed to deduct the LTCL (Long Term Capital Gain ) from gain. So, LTCL will be $0.
The basis in new shares is computed as:
Basis = Previous loss + Price paid
= $800 + $3,150
= $3,950
The following statements approximately carrier degree is correct: D- it's far the possibility of stocking out.
The required details for Probability in given paragraph
Probability is the department of mathematics regarding numerical descriptions of ways possibly an occasion is to occur, or how possibly it's far that a proposition is true. The possibility of an occasion is a number of among zero and 1, where, kind of speaking, zero suggests impossibility of the occasion and 1 suggests certainty. The better the possibility of an occasion, the much more likely it's far that the occasion will occur. A easy instance is the tossing of a fair (unbiased) coin. Since the coin is fair, the 2 consequences are each similarly probable; the possibility of "heads" equals the possibility of "tails"; and due to the fact that no different consequences are possible, the possibility of either "heads" or "tails" is 1/2. These ideas had been given an axiomatic mathematical formalization in possibility concept, that's used broadly in regions of study such as statistics, mathematics, science, finance, gambling, synthetic intelligence, device learning, pc science, recreation concept, and philosophy to, for instance, draw inferences approximately the predicted frequency of events.
Probability concept is likewise used to explain the underlying mechanics and regularities of complicated systems.
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