On June 1,2016, Molser Company acquired a new machine by agreeing to pay five equal annual payments of $20,000, with the first payment due that day. Assuming an interest rate of 14% compounded annually, Molser should record the acquisition cost of the machine as
A. $68,662.
B. $78,274.
C. $87,719.
D. $100,000.
Answer: B
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On June 1,2016, Molser Company acquired a new machine by agreeing to pay five equal annual payments of $20,000, with the first payment due that day. Assuming an interest rate of 14% compounded annually, Molser should record the acquisition cost of the machine as
A. $68,662. B. $78,274. C. $87,719. D. $100,000.
Solve using the multiplication principle.2x ? 10
A. {x
x > 5}
B. {x
x ? 5}
C. {x
x < 5}
D. {x
x ? 5}
Mei Lin learned at a young age that developing good study habits, such as doing her homework, brought about good grades and made her want to work harder in school. What is this kind of encouraging outcome of an action called?
A. development B. classical conditioning C. reinforcement D. social-cognition
What is a group of people who are born around the same time in the same place is called?
A. race B. cohort C. ethnic group D. normative group