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 11 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
Thanks for the timely response, appreciate it

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Double-check for any oil or vacuum leaks after starting the engine. Double-check for any oil or vacuum leaks after starting the engine.
The Wisconsin Card Sorting Test. This woman is just starting the test. If she places the first card ... The Wisconsin Card Sorting Test. This woman is just starting the test. If she places the first card ...
Use a graphical method to find the length of the loan to the nearest year Use a graphical method to find the length of the loan to the nearest year
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
What single payment one year from now would be economically equivalent to payments of $1,000 ... What single payment one year from now would be economically equivalent to payments of $1,000 ...
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ... One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...
Video: Red alga life cycle Animation

For a complete list of videos, visit our video library