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3 years ago

If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation?

2 answers:

5 0

C. Future value of a series of deposits

It is not B, because although Future Value of a Single Amount (FV) is similar, it is only when you deposit a certain amount one time and let it grow in value.
Your question says they deposit money more than once, so it is C.

Rina8888 [55]3 years ago

5 0

Answer:

Future value of a series of deposits

Explanation:

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With the objectives of pre-venting crime, maintaining property values, and preserving the quality of urban life, New York City e

Artist 52 [7]

Answer:

The answer is: the Court should block the application of this city ordinance due to discrimination against businesses with topless female dancers.

Explanation:

The Equal Protection Clause (Section 1 of the Fourteenth Amendment) states the following:

"All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws."

This is commonly known as Equal Justice Under the Law, which means both men and women have to be treated equally by all laws and ordinances in every government level.

In this specific case the city ordinance only regulates businesses with topless female dancers but it doesn´t regulate businesses with topless male dancers. In order for the city ordinance to comply with the Fourteenth Amendment it must regulate all businesses with topless dancers without regards on whether male or female dancers perform on the shows.

3 0

3 years ago

Frank works at a wealth management company and has been tasked with developing a system for aggregating client accounts into a s

Artyom0805 [142]

Answer: Demonstration

Explanation:

informational presentation typically occurs in organizations and it's when information are being presented to the audience.

Since Frank will walks a focus group through the steps that are involved in setting up and using the platform, then the type of informative presentation that Frank is giving is demonstration.

4 0

3 years ago

The following account balances were taken from the 2021 adjusted trial balance of the Bowler Corporation: sales revenue, $485,00

jekas [21]

Answer:

Bowler Corporation

Income Statement for 2021

Sales revenue $485,000

Less Cost of goods sold ($248,000)

Gross Profit $237,000

Less Expenses

salaries expense $61,000

rent expense $36,000

depreciation expense $46,000

miscellaneous expense $28,000 ($171,000)

Net Income/ (Loss) $66,000

Explanation:

Income Statement shows the Operating performance of the the company over the financial period.

Income/loss = Sales - Expenses.

8 0

3 years ago

Abe Cooley, a local handyman, likes to advertise that he will come to your home and do any task you need on KBGA, the local coll

Marina CMI [18]

Answer:

D. 282.86 GRPs

Explanation:

Recall that

Reach = (Persons reached/ total population) × 100

Where persons reached = 9900

Total population = 70000

Thus

Reach = 9900/70000 × 100

= 0.14142857 × 100

= 14.142857

GRPs = Reach × spot

Where

Spot = 20

Reach = 14.142857

Therefore,

GRPs = 20 × 14.142857

= 282.857143

=282.86 GPRs

8 0

4 years ago

Park Corporation is planning to issue bonds with a face value of $2,002,000 and a coupon rate of 10 percent. The bonds mature in

andrezito [222]

Answer:

1. Dr Cash $2,253,934

Cr Bonds Payable $2,253,934

2. Dr Interest Expense $96,919

Dr Bonds payable $3,181

Cr Cash $100,100

3. $2,250,753

Explanation:

1. Preparation of the journal entry to record the issuance of the bonds.

January 1

Dr Cash $2,253,934

Cr Bonds Payable $2,253,934

(To record the issuance of the bonds)

2. Preparation of the journal entry to record the interest payment on June 30 of this year.

June 30

Dr Interest Expense $96,919

Dr Bonds payable $3,181

($100,100-$96,919)

Cr Cash $100,100

(To record the interest payment)

Workings:

$2,002,000 × 0.28689 = $574,354

$100,100* × 16.77902 = 1,679,580

Issue price = $2,253,934

Interest: $2,002,000 × .10 × 1/2 = $100,100

June 30:

Interest Expense: $2,253,934 × .0430 = $96,919

3. Calculation to determine what bonds payable amount will Park report on its June 30 balance sheet

Park Corporation Balance sheet (Partial) June 30

Long term Liabilities:

Bonds payable $2,250,753

($2,253,934-$3,181)

Therefore the bonds payable amount Park will report on its June 30 balance sheet is $2,250,753

8 0

3 years ago