Harold Lau will deposit enough money today so that his account will contain $20,00 . in 10 years. The account will pay interest at 8% compounded semiannually. Compute the interest (in dollars) that Harold will earn during the 10 years. (Use Tables 16-1A&B or 16-2A&B or a calculator.)
0.08 ÷ 2 = 0.04; 2 × 10 = 20; $20,00 . × 0.45639 = $9,127.80;
$20,00 . - $9,127.80 = $10,872.20 interest
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Answer the following statements true (T) or false (F)
When accounting numbers are used to monitor agency contracts, there can be indirect consequences from changes in accounting policies.
Chico Company borrowed $40,000 on a four-year, 8% installment note. How will Chico record the issuance of this note?
A.
| Cash | 40,000 | |
| Notes payable | 40,000 |
B.
| Cash | 40,000 | |
| Interest payable | 3,200 | |
| Notes payable | 36,800 |
C.
| Cash | 43,200 | |
| Notes payable | 43,200 |
D.
| Cash | 36,800 | |
| Discount on notes payable | 3,200 | |
| Notes payable | 40,000 |
To find the standard deviation of the critical path, you must first add the ________ of all activities on the critical path
Fill in the blanks with correct word
The Equal Credit Opportunity Act makes it illegal for a lender to discriminate against a potential borrower because of race, national origin, religion, or sex, but it is permissible to treat a borrower differently if he or she is on welfare
Indicate whether the statement is true or false