The future value of the ordinary annuity with BD 210 monthly payments at 5% annual interest for 15 years is BD 230,158.10.
To calculate the future value of an ordinary annuity, we can use the following formula:
FV = P * ((1 + r)^n - 1) / r
where:
P = monthly payment amount = BD 210
r = monthly interest rate = 5% / 12 = 0.4167%
n = total number of periods = 15 years * 12 months/year = 180
Plugging in the values, we get:
FV = BD 210 * ((1 + 0.004167)^180 - 1) / 0.004167
FV = BD 210 * (4.5755) / 0.004167
FV = BD 230,158.10
Therefore, the future value of the ordinary annuity with BD 210 monthly payments at 5% annual interest for 15 years is BD 230,158.10.
Note that the information about Olivia's mortgage is not used to calculate the future value of the annuity.
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How do style guides differ from one another? Select all that apply. Some have rules for documenting sources; some do not. They address the needs of different academic disciplines. They include different guidelines. There are no differences between style guides.
Answer:
Option B. They address the needs of different academic disciplines
Option C. They include different guidelines.
Explanation:
Option A is incorrect because all of the writing style guides have rules for documenting sources, for example, the Harvard style says the name of the article or book must in italic format.
Different Writing Style Guides are used for different disciplines. For example, AP Style is used for stuff associated with Journalism based writings, APA is used for social sciences, MLA Style is used for literature, etc. So every writing style guide deals with a separate academic disciplines. Hence the option B is correct here.
Option C is correct because all of these writing style have different guidelines.
Option D is incorrect because there is a difference between style guides otherwise we don't have bunch of writing styles.
Answer: b & c
Explanation:
got a 100%
Using an indifference curve-budget line model, show how consumer equilibrium will
change due to an increase in the price of one of the 2 goods included in your
diagram. Be sure to properly label all parts of your diagram and clearly indicate both
the initial and new equilibrium points.
1+1=2
Explanation:1+!+!+!+!+!+!+!+!+!=2
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A collection of all accounts and their balances used by a business is called a: A. Journal.
B. Book of original entry.
C. General Journal.
D. Balance column journal.
E. Ledger.
A collection of all accounts and their balances used by a business is called a E. Ledger.
A ledger is an essential part of the accounting system that records and summarizes financial transactions. It is organized into various accounts, such as assets, liabilities, equity, revenue, and expenses. Each account has its own balance, which reflects the financial position of a specific aspect of the business.
A. Journal is a chronological record of transactions where they are initially recorded before being posted to the ledger. B. Book of original entry refers to the first place where transactions are recorded, which is often the journal. C. General Journal is a type of journal that records all financial transactions, not just specific types, like sales or purchases. D. Balance column journal is a variation of the general journal that includes a running balance column for each account.
In summary, a ledger is the main tool for organizing and summarizing a business's financial information, while journals and other books of original entry serve as the first step in recording transactions. The ledger's structure allows for easy review and analysis of a company's financial health, enabling effective decision-making and financial management. Hence, the correct answer is Option E.
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Who has the power to begin the process of raising taxes in the United States?
All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
Who is in charge of tax increases?In accordance with Article I, Section 8, Clause 1, the Congress shall have the authority to impose and collect taxes, duties, imposts, and excises in order to pay off debts, fund the nation's general welfare, and provide for the common defense. However, all duties, imposts, and excises must be applied equally across the board.
Can a state impose a tax increase?According to the Commonwealth of Australia Constitution Act of 1900, both the federal government and state governments have the authority to levy taxes. The main limitations on the federal government's ability to do so are that its taxes cannot discriminate against particular states or regions of states, and it may only levy federal taxes on excise and customs duties.
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You rented space for a kiosk at the mall last year for the holiday season for $750. This year they increased it to $825. What is the percent increase?
Answer:
10%
Explanation:
Cost of kiosk last year = $750
Cost of kiosk this year = $825
Percentage increase = $825-$750 / $750 * 100
Percentage increase = $75 / $750 * 100
Percentage increase = 10%
So the percentage increase in the cost of rent is 10%.
How have advancements in technology affected advertising? Write a paragraph with three examples.
The advancement in technology affected advertising in the manner that increased the number of platforms, which raised the number of audiences.
What is Advertising?The practice and strategies used to draw attention to a product or service are referred to as advertising. Advertising seeks to bring attention to a product or service by putting it in the limelight.
Technological breakthroughs resulted in the advent of computers, the internet, and smartphones, which connected billions of people's lives.
Not only has the number of platforms expanded, but so has the clarity of audience data, which has supported industry growth. There is a better understanding of who is consuming stuff. To customize your marketing communications, you can leverage data from the first, second, and third parties.
Because of the internet and programmatic advertising, advertisers may now target consumers across hundreds of digital channels.
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A class and its members can be described graphically using a notation known as the ____ notation.
a. OON b. OOD
c. UML d. OOP
A class and its members can be described graphically using a notation known as the UML notation.
In the area of object-oriented software engineering, the Unified Modeling Language (UML) is a standardised general-purpose modelling language. Visual models of object-oriented software systems may be created using a set of graphic notation tools included in UML. UML incorporates concepts from data modelling, business modelling, object modelling, and component modelling and may be applied across a variety of implementation technologies and the software development life cycle.
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tools - machinery - and infrastructure are classified under the resource category of
Tools, machinery, and infrastructure fall under the resource category in various industries and sectors. They are essential assets that enable the production, development, and maintenance of goods and services.
Tools, machinery, and infrastructure are vital resources that support economic activities across different sectors. In manufacturing, tools and machinery encompass a wide range of equipment, from hand tools to complex industrial machines, used in production processes. They play a crucial role in enhancing efficiency, precision, and output levels. Infrastructure refers to the physical structures and systems necessary for the functioning of a society, including transportation networks, power grids, communication systems, and buildings.
It provides the framework for economic activities by facilitating the movement of goods, services, and people. Well-developed infrastructure enables businesses to operate smoothly, connect with markets, and reach customers efficiently. Overall, tools, machinery, and infrastructure are key resources that contribute to economic growth, productivity, and development in various industries.
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Write a 2000-word essay on
Keynes versus free market classical theory.
Analyse and contrast free market/classical thinking about the
market economy and Keynes's criticism of it an
Keynes's criticism of the free market classical theory lies in its inability to address economic fluctuations and provide adequate solutions during times of recession or depression.
The free market classical theory, also known as laissez-faire economics, emphasizes minimal government intervention and relies on the self-regulating nature of markets to achieve optimal economic outcomes. According to this theory, markets are efficient and tend to naturally reach a state of equilibrium where supply matches demand, leading to maximum economic welfare. However, Keynes, a prominent economist of the 20th century, challenged this view and offered a different perspective on the functioning of market economies.
Keynes criticized the free market classical theory primarily for its inability to effectively handle economic fluctuations, particularly during periods of recession or depression. He argued that market economies are prone to instability and can experience prolonged periods of high unemployment and low output. According to Keynes, this occurs due to the inherent nature of aggregate demand, which can fluctuate and fall short of full employment levels. He highlighted that during times of economic downturn, individual households and businesses tend to save more and spend less, leading to a decline in overall demand.
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Why do you think competency-based compensation, broad-banding, and variable pay all related to changing strategies for compensating employees?
Competency-based compensation, broad-banding, and variable pay are all related to changing strategies for compensating employees because they focus on rewarding employees based on their performance and skills, rather than just their job title or tenure.
Competency-based compensation measures an employee's abilities and skillset and rewards them accordingly. Broad-banding eliminates the traditional hierarchy and allows for more flexibility in job roles and pay. Variable pay incentivizes employees to work harder and achieve specific goals, leading to a more performance-driven culture.
These strategies all align with the shift towards a more results-oriented approach to compensation, where employees are rewarded for their contributions to the company's success rather than just their seniority or position. By implementing these strategies, organizations can attract and retain top talent, increase employee motivation, and ultimately drive business growth.
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The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.
Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.
What is data on price ?Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.
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The Warehouse Management System (WMS) _____. (Select all that apply.)
locates products in the warehouse
locates products in the warehouse
records shipments in and shipments out
records shipments in and shipments out
tracks inventory
tracks inventory
schedules employees
schedules employees
Answer:
Records Shipments in and shipments out, Locates products in the warehouse.
Answer:tracks inventory
Explanation:
how do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Answer:
open fridge!!!
Explanation:
STEP 1: open fridge
STEP 2: find the egg then grab with hand!!!!!!!!
(Its really hard!!)
The ledger of cullumber company contains the following balances: owner's capital $ 30,700. owner's drawings $ 1,700, service revenue $ 49,000, salaries and wages expense $ 26,500, and supplies expense $ 6,100. prepare the closing entries at december 31. (credit account titles are automatically indented when amount is entered. do not indent manually. if no entry is required select "no entry for the account titles and enter for the amounts:) date account titles and explanation debit credit dec. 31 (to close revenue account) dec. 31 (to dose expense accounts) dec. 31 (to close net income (loss)) dec. 31
Net income that needs to be reclassed to retained earnings
Date General Journal Debit Credit
Dec 31 Income Summary 16,400
Retained Earnings 16,400
Now, According to the question:
Closing journal entries are recorded at the end of an accounting period to close out the income statement accounts for the year and move the net income to retained earnings. The income statement is a companies revenue, expenses, and net income for a year and then the balances are closed out and moved to the balance sheet. An account called income summary is used for the closing journal entries. This is a temporary account. Once the revenue and expenses are moved to the income summary account and closed out to 0 then the balance in the income summary account is moved to retained earnings on the balance sheet. Retained earnings appears in the equity section of the balance sheet . To close out service revenue we must debit revenue to decrease the balance to 0 and credit income summary.
Date General Journal Debit Credit
Dec 31 Service Revenue 49,000
Income Summary 49,000
To close out the salaries expenses account and the supplies expenses account we must credit and expense account to make the balance 0 and debit income summary.
Date General Journal Debit Credit
Dec 31 Income Summary 26,500
Salary and Wages
Expenses 26,500
The difference between revenue and expenses is the net income (loss) and will be the balance in the income summary account after the closing journal entries are made. The net income needs to be moved to the retained earnings account which appears on the balance sheet.
Date General Journal Debit Credit
Dec 31 Income Summary 6,100
Supplies Expenses 6,100
$49,000 - $26,500 - $6,100 = $16,400
Net income that needs to be reclassed to retained earnings
Date General Journal Debit Credit
Dec 31 Income Summary 16,400
Retained Earnings 16,400
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A foodborne illness is a disease that
Answer:
Food poisoning, a type of foodborne illness, is a sickness people get from something they ate or drank. The causes are germs or other harmful things in the food or beverage.
Symptoms of food poisoning often include upset stomach, diarrhea and vomiting. Symptoms usually start within hours or several days of eating the food. Most people have mild illness and get better without treatment.
Explanation:
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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is your last chance to make sure your document is ready to carry your message-and your reputation to the intended audience.
Chloe received this email in her spam folder recommending a stock. What aspects of the letter should concern her? Choose four correct answers.
Answer: Edg 2021: A, B, D, E
Explanation:
Describe the difference between the layer of the atmosphere most likely to produce weather with the layer which is least likely to produce weather.
The troposphere is the most likely layer of the atmosphere to produce weather, characterized by decreasing temperature with increasing altitude. The stratosphere is less likely to produce weather due to its ozone layer, which absorbs solar radiation.
The layer of the atmosphere most likely to produce weather is the troposphere. This is the lowest layer, extending from the Earth's surface up to about 8 to 15 kilometers (5 to 9 miles) high. The troposphere contains the majority of the Earth's air mass and is where temperature decreases with altitude. It is in this layer that weather events such as clouds, rain, and storms occur due to the mixing of air and water vapor.
The layer of the atmosphere least likely to produce weather is the stratosphere. This layer is located above the troposphere, extending from about 15 to 50 kilometers (9 to 31 miles) high. In the stratosphere, temperature increases with altitude, creating a stable environment with very little vertical air movement. As a result, weather phenomena are rare in this layer, and it is mostly associated with the Earth's ozone layer.
In summary, the main difference between the two layers is that the troposphere is the layer where weather events are most likely to occur due to its dynamic nature and the presence of water vapor, while the stratosphere is the layer least likely to produce weather due to its stability and lack of vertical air movement.
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Alex
Info:
| 22 yrs old; pre-tax income
= $35,000; $0 savings;
saves $200/month
How much will
they need to
retire at age 67?
Answer:
hello your question lacks some vital information hence I will make valid assumptions to aid the solution
answer : $583333.33
Explanation:
22 yrs old
pre tax income = $35,000 per year
savings = $200/month
Determine how much you will need to retire at 67
lets assume : Interest rate = 6% per annum
annual withdrawable amount per year after retirement = $35,000
∴ amount to be saved up by 67 years = 35,000 / 6% = $583333.33
hence amount needed to retire at age 67
target amount = $583,333.33
interest rate = 6%
number of years = 67 - 22 = 45
savings per year needed = 583,333.33 / 45 = $12962.96
Note : saving $200 per month would not give the required amount needed to retire at age 67
The required monthly savings = 12962.96 / 12 = $1080.25
Economists believe that scarcity forces everyone to:a. satisfy all wants.b. lie about their wants.c. create unlimited resources.d. abandon consumer sovereignty.e. make choices.
Economists believe that scarcity forces everyone to abandon consumer sovereignty.
What is consumer sovereignty?According to the economic idea of "consumer sovereignty," consumers have some influence over the items that are made and are the best judges of their own welfare. Consumer sovereignty in production refers to the right of consumers, as opposed to the owners of scarce resources, to determine what final products should be produced from those resources. On occasion, it is proposed as a hypothesis that customer demand drives the production of products and services. Understanding consumer sovereignty requires an understanding of consumers and their needs. Everyone is a consumer, and they all have needs for both raw materials for manufacturing, like time, as well as finished items, like food and commodities like oil and gas.
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what are the sources of income of the government? where do these taxes go?
Answer:
The taxes go in the national income of country
Cathy, Don, and Ethel are partners in Fruit Orchard Farms. Cathy gives notice to quit the firm, which otherwise continues to do business. This is
When a partner does what Cathy did and the partnership continues regardless, this is known as a Dissociation.
A Dissociation in a partnership:
Means that a partner no longer wishes to be part of a partnership The partner loses their management rights Might not absolve the partner of partnership liabilitiesBecause the business kept going even after Cathy gave notice to quit, this is known as a dissociation and not a dissolution which would have ended the partnership.
In conclusion, this is a dissociation.
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Identify which of the following statements are true. (Select all that apply.) Multiple select question. Liabilities are on the right side of the accounting equation and have normal credit balances. Credits increase liabilities. Credits increase assets. Credits increase stockholders' equity. Assets are on the left side of the accounting equation and have a normal debit balance.
The true statements from the options are:
Liabilities are on the right side of the accounting equation and have normal credit balances. Credits increase liabilities. Credits increase stockholders' equity. Assets are on the left side of the accounting equation and have a normal debit balance.The Accounting EquationComprises of assets on the left and these have a debit balance. When assets are increased they are debited.
The right side contains both liabilities and stockholders' equity. Both of these have a normal credit balance and they increase when they are credited.
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If you pay $35.00 for a drug and the selling price is $50.00, what is the percentage markup based on cost?
The percentage markup base is 42.86%
What is markup?
Markup means profit as percentage of cost price whereas margin means profit as percentage of the selling price.
In this case, our emphasis is on markup, in other words, we need to first of all determine profit, which is the selling price minus the cost price, then compare the profit to the cost price in order to ascertain markup.
profit=selling price-cost price
selling price=$50.00
cost price=$35.00
profit=$50.00-$35.00
profit=$15.00
markup=profit/cost price
markup=$15.00/$35.00
markup=42.86%
In essence, the markup based on cost is 42.86% rounded to 2 decimal places.
If it were to be the case of margin, the profit per unit which is $15.00 would be compared to the selling price rather than cost price
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Communication 13."Canada's banking system is stable because it stresses security over competitiveness." Do you agree? (5 marks) 14.Use the AD and AS curves to explain how the government uses Easy Money Policy to increase real GDP
As an AI language model, I don't have personal opinions. However, it is not accurate to say that Canada's banking system is stable solely because it stresses security over competitiveness. Stability in the banking system is achieved through a combination of factors, including regulatory frameworks, risk management practices, capital requirements, and oversight by the central bank.
While security is an essential aspect, competitiveness and innovation also play a significant role in the stability of the banking sector. By fostering competition, banks are incentivized to improve their services, adopt new technologies, and maintain sound financial practices. This, in turn, contributes to the overall stability and efficiency of the banking system.
An easy money policy is a monetary policy approach adopted by the government to stimulate economic growth and increase real GDP. It involves the central bank implementing measures to increase the money supply and lower interest rates.
By using the aggregate demand (AD) and aggregate supply (AS) curves, we can explain how an easy money policy can increase real GDP:
Decreased interest rates: When the government implements an easy money policy, it lowers interest rates, making borrowing cheaper for businesses and individuals. This stimulates investment and consumption, increasing aggregate demand.
Shift in AD curve: The decrease in interest rates leads to an upward shift in the AD curve. Lower interest rates encourage more borrowing and spending, resulting in increased consumption and investment, which boosts aggregate demand.
Increased production: With the increased aggregate demand, businesses experience higher demand for their products and services. To meet this demand, they increase production, leading to an increase in real GDP.
Rightward shift in the AS curve: The increased production results in a rightward shift in the AS curve. This indicates an expansion of the economy's productive capacity and an increase in real GDP.
Through an easy money policy, the government aims to stimulate economic growth by increasing the money supply, lowering interest rates, and boosting aggregate demand. This leads to increased production and a rise in real GDP. By understanding the relationship between AD and AS curves, policymakers can implement appropriate monetary policies to manage and stimulate economic activity.
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Autonomous consumption is: that portion of consumption devoted to necessities. consumption spending that is automatically taken from one's checking account each month. the spending of the average household. that portion of consumption spending that is not related to income.
Autonomous consumption refers to that portion of consumption spending that is not related to income.
It is essentially the minimum level of spending that a household engages in to meet their basic needs or necessities. This spending is not influenced by changes in income levels or fluctuations in disposable income. Examples of autonomous consumption could include expenses related to housing, utilities, and food. It is important to note that autonomous consumption is different from discretionary spending, which refers to the portion of consumption spending that is flexible and can be adjusted in response to changes in income levels.
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Which type of order is executed immediately after a specified price target is hit? O Limit order O Market order O Stop order O Dealer order
The type of order that is executed immediately after a specified price target is hit is a "Stop order".
A Stop order is an order that becomes a market order to buy or sell a security once it reaches a specified price, called the stop price. Once the market price of the security reaches the stop price specified in the order, the order is automatically executed as a market order, regardless of whether the security is trading higher or lower than the stop price.
Stop orders are often used by traders to limit their losses or lock in profits. For example, a trader holding a stock that has risen in value may set a stop order to sell the stock if it falls below a certain price. This can help the trader limit their losses if the stock begins to decline in value.
Similarly, a trader may set a stop order to buy a stock if it reaches a certain price, in order to take advantage of a potential price increase.
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Providing advice to a company to help with recommendations to improve performance is known as
consulting
job sharing
temporary employment
working remotely
Answer:
Job sharing maybe?
Explanation:
I'm not completely sure but it makes sense because you're "sharing" that job.
Answer:
Consulting
Explanation:
Consultants often are hired by companies to observe business practices and make recommendations to improve performance or to provide a service.