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 53 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 :)

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

The phosphorus cycle. Numbers are 1012 g P or fluxes as 1012 g P per year (data from Schlesinger 199 The phosphorus cycle. Numbers are 1012 g P or fluxes as 1012 g P per year (data from Schlesinger 199
Why Different Constellations Are Visible at Different Times of the Year Why Different Constellations Are Visible at Different Times of the Year
During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ... During my research in India, I interviewed this 8-year-old girl. Mahashury is a bonded laborer who ...
Typical hookup of a starting and charging tester. Typical hookup of a starting and charging tester.
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Genetic terms Animation

For a complete list of videos, visit our video library