A simplified version that is used informally for analysis instead of drawing a formal general ledger account is referred to as a?

Answers

Answer 1

A T Account is a simplified version used informally for analysis instead of drawing a formal general ledger account.

T Accounts Presented. Debits and credits can represent increases or decreases for various accounts, but in a T Account, the debit is, by convention, always on the left and the credit on the right. Regardless of the type of account, the debit side is always on the left, and the credit side is always on the right.

The account name is then written directly above the top horizontal line, and below that, split by the vertical T of the letter, debits are reported on the left, and credits are recorded on the right. A ledger account is another name for a T-account.

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Related Questions

The training and development function of an hr department includes select one:
a. policy creation.
b. performance measures.
c. orientation.
d. attitude surveys.
e. job analysis.

Answers

The training and development function of an HR department includes Orientation

This is further explained below.

What is Human resource?

Generally, The labor of an organization, corporate sector, industry, or economy is referred to as its human resources. Human resources are the individuals who make up the workforce.

A more specific idea is human capital, which refers to the information and capabilities that people possess.

Manpower, labor, staff, colleagues, and even just the word "people" are all synonyms for this concept.

In conclusion, Orientation is included as part of the HR department's responsibility for training and development.

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A reasonable value to assume for the efficiency of a common solar cell that is used in typical pv installations on homes and businesses is:_______

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A reasonable value to assume for the efficiency of a common solar cell that is used in typical pv installations on homes and businesses is 0.50 to 0.55.

Solar Photovoltaic Cell Basics

A photovoltaic (PV) cell, also known as a solar cell, can either reflect, absorb, or pass through light that strikes it. The semiconductor material that makes up the PV cell can conduct electricity more effectively than an insulator but not as effectively as a good conductor like a metal. In PV cells, a variety of semiconductor materials are employed.

When a semiconductor is exposed to light, the light's energy is absorbed and transferred to the semiconductor's negatively charged electrons. The additional energy enables the electrons to conduct an electrical current through the material.

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In the classical model with fixed income, a reduction in the government budget deficit will lead to a?

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In the classical model with fixed income, a reduction in the government budget deficit will lead to a lower real interest rate.

What is the effect of reduction in the government budget deficit ?

A budget deficit can be described as the term that is been used to described the situation whereby  government spending is greater than tax revenues.

It should be noted that  the Reduction in the deficit can be gotten as a result of the tax increases  as well as the cuts in government spending , and sometimes a a period of GDP growth that can be seen to   result to  rise in direct as well as  indirect tax revenues, hence In the classical model with fixed income, a reduction in the government budget deficit will lead to a lower real interest rate.

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Long margin account
market value: $60,000
debit balance: $15,000
regarding this account, there is:________
i sma of $15,000
ii sma of $30,000
iii buying power of $30,000
iv buying power of $60,000 a

Answers

The correct options are (i) sma of $15,000 and (iii) buying power of $30,000.

Regarding the given account the person has SMA of $15,000 and his buying power is $30,000.

What is the market price?

When we talk about market value, which is the price an asset sells for on the market, we often speak to market capitalization. Market values are dynamic in nature because they depend on a range of factors, such as the actual working environment, the general health of the economy, and the dynamics of supply and demand.

The consumer can borrow 50%, or $30,000, of the market value of $60,000 In this case, he has already borrowed $15,000, making it possible to borrow an extra $15,000 in cash. SMA is therefore $15,000 With $15,000 in SMA, you may purchase twice as much in marginable securities, giving you $30,000 in buying power.

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The parameter list in the method header and arguments in the method call must agree in?

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If a method accepts parameters, the parameters must be listed in the method declaration. The parenthesis that follow the method name include a parameter list that contains the parameters. You list the parameter type followed by the parameter name for each parameter that the method uses.

Value declarations may be included in parameter lists. Value declarations follow parameter declarations and are separated from them by => at the end of the parameter list. If the type is "object," a value declaration can only specify a name for each return value, or it can specify a name and an operand.

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A _____ lists the tasks, duties, and responsibilities that a particular job entails.

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A Job Description lists the tasks, duties, and responsibilities that a particular job entails.

What is a job description?

A job description is a document that outlines the crucial qualifications, responsibilities, and abilities needed to carry out a particular task. How success is determined in the position will be covered in a thorough job description so that it may be used in performance reviews.

Job specifications, job profiles, JDs, and position descriptions are other names for job descriptions (job PD).

Examples of job descriptions for most roles can be found in our job description directory. You may instantly download and change our sample job descriptions to fit your own business needs. A job description is available for the majority of popular jobs.

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Operating leverage can be used to measure:_________
a. sales.
b. contribution margin.
c. fixed costs.
d. the impact of changes in sales on operating income.

Answers

Operating leverage can be used to measure: fixed costs.

A cost-accounting method called operating leverage assesses how much a company or project can raise operating income by raising revenue. A company with significant operating leverage creates sales with a high gross margin and low variable costs.

By deducting the variable costs of sales and dividing the result by sales less variable costs and fixed costs, it is also possible to get the operating leverage ratio.

The formula for calculating operating leverage is quantity multiplied by the difference between the price and the variable cost per unit divided by the sum of the quantity multiplied by the fixed operating costs minus the variable cost per unit.

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Corporations typically set up one singular office to manage all stakeholders. True of false

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The answer is true. Typically, corporations create a single office to oversee all stakeholders.

Who is a business stakeholder?

All people or organisations with a stake in how well a firm operates are considered stakeholders. Building strong and balanced connections with stakeholders is crucial for organisations since doing so will influence how authentically they are able to address their needs.

What function does a stakeholder serve?

A stakeholder is a person, group, or organisation that might have an impact on, be impacted by, or believe they are being influenced by a project's choice, action, or result. Stakeholders are people who are either actively involved in the project or who have interests that the project's results could influence.

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True or false: the worst type of quality costs for a company to incur are internal failure costs.

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The answer is FALSE because internal failure costs is not the worst.

Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. multiple choice question. cash revenues expenses owner's withdrawals

Answers

Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. 'cash'

therefore the correct option is Cash

Cash Revenues:

Cash Revenues includes all incremental cash revenues to the Purchaser from any acquisitions of a majority interest (whether for cash or shares) in any entities during such period, including cash revenues from strategic alliances or joint ventures of the Purchaser. Cash Revenues includes the consolidated cash revenues of the Purchaser, inclusive of cash revenues of UBarter.com from March 1, 1999 to February 29, 2000, which do not include trade dollar revenues. Cash Revenues are the amounts Medtox actually receives from Customers for the invoiced amounts, less any costs associated with collecting the samples and paying the Medical Review Officer (MRO) fees. 12

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Applications that enable a user to create visual aids that can be projected on a screen or displayed on a digital display are called:_______

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Applications that enable a user to create visual aids that can be projected on a screen or displayed on a digital display are called presentation software.

What Does Presentation Software Mean?

Using presentation software, a subgenre of application software, it is possible to create presentations of ideas by fusing text, graphics, and audio or video. In a presentation, a story is told, a voice is supported, or data is displayed.

Although the majority of these programs already have features that enable users to create both professional business presentations and wide-ranging multimedia presentations, the two types of presentation software—business presentation software and general multimedia authoring software—can be distinguished.

Presentation software is also known as a presentation program.

Informational slide displays are typically made with presentation software. The software is made up of three main components:

Text entry and formatting in a text editora feature that allows you to insert artwork and other multimedia assetsSlideshow technology is used to display the content.

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Dewey earned a salary of $75,000 in 2001 and $95,000 in 2006. the consumer price index was 177 in 2001 and 266 in 2006. dewey's 2001 salary in 2006 dollars is:__________

Answers

According to the formula below, Dewey's 2001 pay in 2006 dollars is calculated.

Salary in 2001 in 2006 dollars

= Salary in 2001 x (2006 CPI / 2001 CPI)

= $75,000 x (266/177)

= $75,000 x 1.5028

= $112,711.86

What is Consumer Price Index?

The Consumer Price Index (CPI) tracks changes in consumer prices on a monthly basis in the United States. The cost-of-living index (CPI) is determined by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a sample of products and services that is indicative of total consumer spending in the United States.
The CPI is among the most widely used indicators of inflation and deflation. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI reportemploys a different survey methodologypricing sample, and index weights.

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What is the effective interest rate per quarter if the interest rate is ompounded monthly?

Answers

For instance, an effective interest rate of 6.17% is the same as a nominal interest rate of 6% compounded monthly. Every month, 6% compounded is credited as 6%/12 = 0.005.

How do you calculate effective interest compounded quarterly?

The calculations and formula are as follows: Effective annual interest rate = (nominal rate / number of compounding periods) - 1 + (number of compounding periods) - (number of compounding periods) - 1. This would be: 10.47% = (1 + 10% / 12)) 12 - 1 for investment A. It would be as follows for investment B: 10.36% = (1 + (10.1% / 2)) 2 - 1.

How do I calculate the effective interest rate?

A straightforward formula can be used to determine the effective interest rate: r = (1 + i/n)n - 1. This equation has three parts: the stated interest rate (I), the effective interest rate (R), and the number of compounding periods (N) per year.

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Of the shielding gases used for gtaw, ___ allows the deepest penetration.

Answers

Argon allows the deepest penetration

A non-consumable tungsten electrode is used in the gas tungsten arc welding (GTAW), sometimes referred to as tungsten inert gas (TIG) welding, to create the weld. An inert shielding gas protects the electrode and weld region from oxidation or other ambient contaminants (argon or helium). Although a filler metal is often utilized, certain welds, such as fusion welds or autogenous welds, do not. Heliarc welding is the process of welding with helium. Electrical energy is generated by a constant-current welding power source and is transferred across the arc by a plasma—a column of highly ionized gas and metal vapors.

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A customer has an existing margin account that shows: $16,000 lmv $14,000 debit the customer will receive a call for minimum maintenance margin of?

Answers

The customer will receive a call for minimum maintenance margin of $2,000.

Given,

LMV = $16,000

Debit = $14,000

Maintenance margin = ?

So the account has $16,000 of securities × 25% minimum maintenance margin which is = $4,000 minimum equity requirement.

As the account has $2,000 of equity, an additional $2,000 must be deposited to bring the account to minimum maintenance.

A maintenance margin is the minimum amount of equity which an investor should maintain in the margin account after the purchase has been made by the investor.

Hence, the customer will receive a call for minimum maintenance margin of $2,000.

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Which aspect of the marketing mix is concerned with how much a customer is willing to pay for a product? place place price price promotion promotion product

Answers

 Price is the amount of money buyers are willing to part with for a product. Marketers must consider seasonal discounts, competitor prices, supply costs, and retail markup in addition to tying the price to the product's actual and perceived value.

The Four Ps of Marketing: How Are They Used?

The 4Ps technique can be used while getting ready to launch a new product, evaluating an existing product, or trying to boost sales of an existing product.

By carefully examining these four factors—product, pricing, place, and promotion—a marketing professional may create a strategy that successfully launches or relaunches a product.

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_________ asset markets exist for wheat, autos, and real estate, while -select- asset markets deal with stocks, bonds, and mortgages.

Answers

Answer:

Physical

Financial


explanation:

Physical asset markets exist for wheat, autos, and real estate, while financial asset markets deal with stocks, bonds, and mortgages.

The physical securities which are the underlying collateral for treasury receipts are?

Answers

The physical securities which stand held in trust against the issuance of Treasury Receipts exist as either Treasury Notes or Treasury Bonds.

What is meant by Treasury Bonds?

A Treasury bond is one of the several types of government securities that the US national government issues. It is a long-term fixed-interest instrument. T-bonds, or Treasury Bonds, are commonly used to refer to bonds with maturities longer than 10 years, like 20 or 30 years.

Treasury bonds (sometimes known as T-bonds) are fixed-rate debt instruments issued by the US government, with maturities ranging from 10 to 30 years. T-bonds offer semi-annual interest payments up until maturity, when the owner is given the bond's face value.

Treasury bonds (also known as T-bonds) are debt obligations that the US government issues and guarantees with its full faith and credit. They effectively function as loans from the public to the government, with periodic interest payments and eventual principal repayment upon bond maturation.

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Able account distributions are tax-free when used to pay for qualifying:_________
a. lower education expenses
b. higher education expenses
c. medical expenses
d. disability expenses

Answers

The correct option is (d) disability expenses.

Able account distributions are tax-free when used to pay for qualifying disability expenses.

What is the purpose of an ABLE account?

An ABLE account, also known as a 529 A account, gives people with disabilities and their families a tax-advantaged opportunity to save money for the account's designated beneficiary's disability-related expenses.

An ABLE Account is designed to support people with disabilities in maintaining or enhancing their independence, health, and quality of life. Federal income tax is not due on ABLE Account earnings when utilized for "Qualified Disability Expenses" (QDEs)

What are able qualified expenses?

Any cost associated with the account owner's blindness or disability that helps them improve and/or maintain their health, independence, and/or quality of life is referred to as a qualifying disability expense (QDE).

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True or false: a bond's value is not affected by changes in the market rate of interest.

Answers

A bond's value is not affected by changes in the market rate of interest.

FALSE

A  market is a composition of structures, institutions, approaches, social family members or infrastructures whereby parties interact in trade. at the same time as events can also alternate goods and offerings by way of barter, most markets depend upon dealers imparting their goods or offerings to shoppers in exchange for money.

A marketplace is an area wherein consumers and sellers can meet to facilitate the alternate or transaction of goods and offerings. Markets may be bodily like a retail outlet, or virtual like an e-store. other examples include illegal markets, public sale markets, and financial markets.

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Which of the four basic financial statements is best represented by the fundamental accounting equation?.

Answers

Balance Sheet is best represented by the fundamental accounting equation.

A date, an entry to the account that is debited first, and then an entry to the account that is credited should be included in every journal entry.

What Is the Accounting Equation?

The entire assets of a corporation are equal to the sum of its liabilities and shareholders' equity, according to the accounting equation.

The basic idea behind the double-entry accounting system is that assets, liabilities, and equity have a clear relationship with one another. The balance sheet is kept in balance thanks to the accounting equation. In other words, every debit entry has a corresponding credit entry (or coverage) on the other side of the ledger.

The balance sheet equation or fundamental accounting equation are other names for the accounting equation.

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Obtaining evidence to determine that all inventory, accounts payable, notes payable and expenses are included on the financial statements relates to the ______ assertion.

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Obtaining evidence to determine that all inventory, accounts payable, notes payable and expenses are included on the financial statements relates to the completeness assertion.

What is Financial Statement ?

The income statement, balance sheet, and statement of cash flows are the three main sections of the financial statements. These statements are intended to be read collectively in order to provide a thorough view of a company's financial situation and performance. There is a case can be made for each financial statement being the most significant, but the answer ultimately comes down to the user's requirements.

The income statement, which shows a company's potential to make a profit, is likely to be the most crucial financial statement for the majority of users. Additionally, the data on the income statement is largely expressed in current dollars, indicating a respectable level of accuracy.

Since the balance statement does not provide the results of operations and some of the statistics listed there may be dependent on prior costs, the report is likely to be ranked third by many consumers.

The statement of cash flows may be a contender for most crucial financial statement because it only considers changes in cash inflows and outflows.

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If a person spends $18 a week on coffee (assume $900 a year), what would be the future value of that amount over 8 years if the funds were deposited in an account earning 2 percent?

Answers

If a person spends $18 a week on coffee (assuming $900 annually), the money would be worth $7,725 in 8 years if it were placed into an account generating 2%.

Define the monthly contribution you'll make (P), the period-to-period return rate (r), and the total number of periods you'll contribute (n). Subtract one from [tex](1 + r)^{n}[/tex] and divide the result by r. Multiply the result by P and you will obtain the future value of an annuity.

Here

Annual deposit amount = $ 900

Number of years = 8

Interest Rate = 2%

Using the Future Value Annuity Table, the future value of the retirement account will be determined.

FVAF (2%, 8 years) = 8.583

Future Value = 900 × 8.583 = $7,725

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A(n) blank______ market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.

Answers

A(n) blank common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.

What are common markets?

A common market is a formal agreement where a group is formed amongst several countries that adopt a common external tariff. In a common market, countries also allow free trade and free movement of labor and capital among the members of the group.

What is the difference between common market and single market?

A common market is usually referred to as the primary stage towards the creation of a common market. It usually is built upon a free trade area with no tariffs for goods and similar  free movements of capital, workers and services, but not so advanced in decrease of other trade barriers.

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Which ideas are good ones to keep in mind when trying to come up with a research idea?

Answers

The key to locating a good research idea is to find a topic that:

4) You want to know more about

What are the 5 most important things you will require to research about your topic?

5 Steps for How to Research

Step 1: Pick a Subject.

Step 2: Are There Adequately Sources?

Step 3: Validation: Find the Finest Sources.

Step 4: Make Reminders.

Step 5: Organize Your Details.

Ideas for research problems or topics can emerge from a range of sources such as personal or professional knowledge, a theory, the media, or other research studies.

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The economy was at point a producing 100x and 200y. it moved to point b where it produces 200x and 300y. it follows that:______.

Answers

The Production-Possibility Frontier (PPF) of the economy was at point A, or the PPF may have moved outward and point A was on the previous PPF.

What is Production possibility frontier ( PPF) ?

The production possibility frontier (PPF) is a curve on a graph that depicts the potential output of two goods whose production is dependent on the same limited resource. Another name for the PPF is the production possibility curve.PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness.The production possibility frontier (PPF), which depicts situations that are impractical given the available resources, is above the curve.The PPF illustrates that an increase in one commodity's production can only occur when the production of the other commodity falls.Managers can use the PPF as a tool for making decisions when determining the best product mix for their organisation.

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In porter's generic competitive strategies, which strategy combines a focus on a total market scope and a competitive cost advantage?

Answers

In porter's generic competitive strategies, focus strategy and overall cost leadership strategy combines a focus on a total market scope and a competitive cost advantage respectively.

What is focus strategy?

A focus strategy is a competitive tactic used to target marketing and sales at a certain market niche. Utilizing underserved or untapped markets is the goal of this technique.

While many rivals want to reach as many clients as possible with their sales, a focus approach chooses one or more certain categories. It gains an advantage by providing that sector with either high quality or low cost. These actions may improve client loyalty.

There are primarily two categories of focus strategies. One aspires to outperform the competition by cost leaders, while the other wants to succeed by differentiation itself.

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Discuss the benefit to a business of using social trends to identify new business ideas.

Answers

Answer:

its a little like reading the weather, trends help display signals that create patterns, where patterns are most prominent these are indicators for your business to leverage the most suitable tools that your audience and business align.

A ______ driven project portfolio system can reduce or eliminate the impact of problems in project implementation.

Answers

A priority driven project portfolio system can go a long way to reduce, or even eliminate, the impact of these problems.

What is the significance of project management?

Project management refers to the process of using specific knowledge, skills, tools and techniques to deliver something of value to people.

Project management is the application of processes, skills, methods, knowledge and experience in such a deliberate way to achieve specific project objectives.

Basically, project management works according to the project acceptance criteria within agreed parameters.

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which of the following factors contribute to economic growth? an increase in population. an increase in population. an increase in the standard of living. an increase in the standard of living. a decrease in the productivity of labor. a decrease in the productivity of labor. an increase in capital depreciation

Answers

A factor that would contribute to economic growth is an increase in the standard of living (second option).

What is economic growth?

Economic growth is when there is an increase in the real gross domestic product of a country. When there is an economic growth, there is an increase in the real income and standard of living.

An increase in labor productivity would increase the level of production in the economy. This would increase economic growth. When there is an increase in capital appreciation, there would be an increase in production. This would increase economic growth. Growth in human capital also increase economic growth.

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How could Face book be changed to make young people feel more authentically connected? What is the slope of the line that passes through the points (2, 8) and (-3, 14)? Rents of $750.00 per month on each unit of a 4-plex are current. for an october 16th closing, the rent proration on the settlement statement would be:________ The investment spending category of gross domestic product (gdp) does not include:_________ True or false: if you turn off a machine that uses sdram, the data on the sdram will be wiped out. Converting ounces to grams. there are 28.35 grams in an ounce. a pancake recipe calls for 1 lb of flour. how many grams are in 1 lb of flour? Ve can map information contained inO GUSO GASU GPSGS Sherri wants to design a self-report measure for her study of personality traits, but she knows she should be concerned that respondents might distort their answers, especially to paint themselves in a positive light. This tendency is known as __________. The nurse recognize that which factors place a client at risk for increased falls? Terms like: police officers, postal workers, spokesperson, and chairperson are examples of:_________- Mary is going for a 3.5 km walk.So far shes walked 1.55 km through the park, 0.6 km across the bridge, and 0.35 km up the hill.What fraction of the walk does she have left? Write 2211 three in expanded form and then convert it to base ten. Dahl chose to put the scene with David Coke almost immediately after the scene with the Corporal. How does putting these scenes back-to-back impact the reader? What would the impact be if the scenes were reversed and the David Coke scene occurred first? How could scientists use radioisotopes to study the function of the golgi apparatus?. Suppose that $3000 is placed in an account that pays 9% interest compounded each year. Assume that no withdrawals are made from the account. Follow the instructions below. Do not do any rounding. (a) Find the amount in the account at the end of 1 year. (b) Find the amount in the account at the end of 2 years. Stair company accepted a credit card with a fee for services rendered. as a result of this transaction ______. QUESTION 8When drafting an introduction, you should do any of the following EXCEPT which one?O Offer historyOCite a provocative statisticShare an engaging anecdoteAnnounce the essay directly ("This paper will discuss") Hydrogen has one electron, helium has two electrons, and lithium has three electrons. Hydrogen and lithium are both reactive, but helium is unreactive. How could the quantum mechanical model of the atom explain this pattern of behavior? Samra's guardians invested money for her into a 529 College Savings Plan, which compounds annually. The growth of the savings plan per year, x, can be represented by the exponential function f(x) = 500(1.03)x. What is the meaning of the y-intercept in the context of the problem?The percent rate of change is 500%. The initial value of the investment is $500. The principal amount put into the savings plan is $1.03. The average rate of change that is occurring is 1.03. Which event, if it were to come next in the story, would best show how multiple points of view can create dramatic irony?Bobby holds a meeting with his friends to welcome a new member into their club. They meet in their secret clubhouse: the cave overlooking the river.A.Claire hopes her son Bobby hasn't gone off to that cave again. The place looks dangerous and dirty.B.While looking for firewood, the ranger notices a light and noise coming from the cave above the river.C.Bobby hits a rock against the table to call the meeting to order, but he can't remember the new kids nameD.A thief runs, the noise of sirens behind him. He sees a perfect hiding spot: a cave overlooking a river