This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Your grandparents deposit 2,000 each year on your birthday, starting the day you are born, in an ... (Read 43 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
on: Jul 11, 2018
Your grandparents deposit 2,000 each year on your birthday, starting the day you are born, in an
  account that pays 7 interest compounded annually.
 
  How much will you have in the account on
  your 21st birthday, just after your grandparents make their deposit?
  A) 79,640 B) 101,802 C) 98,016 D) 86,058

Question 2

S-type corporations have all of the following advantages EXCEPT
 
  A) distributions are taxed twice, similar to corporate dividend payments.
  B) they are taxed as partnerships.
  C) all owners must be people, no corporations.
  D) the owners have limited liability.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

A


Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Pupil Assessment, Starting Position with Penlight to Side of Pupil Pupil Assessment, Starting Position with Penlight to Side of Pupil
Pupil assessment; A, starting position, with penlight to side of pupil; Pupil assessment; A, starting position, with penlight to side of pupil;
When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ... Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ...
Video: Carbohydrate digestion - mouth and stomach & pancreas and small intestine

For a complete list of videos, visit our video library