Answer:
It will be after 462 months
Explanation:
We use the annuity formula for present value
We post our know values and start solving for time:
First we clear the dividend:
Then we clear for the power
We set up the formula using logarithmic
And use logarithmic properties to solve for time:
time 462 months
Answer:
The correct answer is letter "B": An e-distributor offers fast delivery of a wide selection of products and services.
Explanation:
E-distributors are delivery companies that base their orders in electronic purchases made from a variety of goods and services. The main characteristic of these organizations is the speed in which the good or service can be shipped and is what may differentiate them from one another.
Answer:
Answer for the question:
On March 31, 2021, Southwest Gas leased equipment from a supplier and agreed to pay $350,000 annually for 15 years beginning March 31, 2022. Generally accepted accounting principles require that a liability be recorded for this lease agreement for the present value of scheduled payments. Accordingly, at inception of the lease, Southwest recorded a $3,187,770 lease liability. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Required:
Determine the interest rate implicit in the lease agreement. (Do not round intermediate calculations.)
Is given in the attachment.
Explanation: