This topic contains a solution. Click here to go to the answer

Author Question: Your grandparents deposit 2,000 each year on your birthday, starting the day you are born, in an ... (Read 47 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
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
Answer to Question 1

C

Answer to Question 2

A




Lisaclaire

  • Member
  • Posts: 569
Reply 2 on: Jul 11, 2018
Wow, this really help


mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

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?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library