Form 1099 -R
The tax year is what?The 12-month period covered by a tax return is referred to as the tax year. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time.
For instance, most taxpayers would include taxes deducted or owed for earnings during the calendar year 2020 on the tax return they send to the Internal Revenue Service (IRS) in 2021.
different tax years
There are short tax years as well as state tax years, in addition to calendar and fiscal tax years.
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Form 1099-R input screen will the tax professional fill out information to show the value of all types of iras at the end of the tax year.
What is full meaning of tax?
The amount that government charges tax people according to their income, the value of their property, etc., and is used to pay for what the government does.
What is the tax example?
Examples include general and selective sales taxes, value added taxes (VAT), taxes on any aspect of manufacturing or production, taxes on legal transactions, and customs or import taxes. General sales tax is a charge levied on most consumer spending.
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Which of the following statements is correct about prepaid accounts O Prepaid accounts are also called prepaid expenses and are considered assets. O Prepaid accounts are another name for accounts receivable and are reported as an asset. O Prepaid accounts are current expense accounts and are reported on the income statement. O Prepaid accounts are also called prepaid liabilities and are classified as liabilities.
The correct response is a) Prepaid accounts are also called prepaid expenses and are considered assets.
A prepaid card is not associated with a checking account at a bank or a share draft account at a credit union. Instead, you are making purchases with money that was previously loaded into the prepaid card. The term "loading money onto the card" might be used to describe this. Prepaid card that can be loaded with more funds by the cardholder. General-Purpose Reloadable Card is another name for it. Cardholders are unable to add funds to non-reloadable prepaid cards in order to use them. Employers can pay salaries to their employees via a card called a payroll card. An illustration of a prepaid expense is insurance, which is typically purchased in advance for several future periods; a business initially records this cost as a prepaid expense (an asset), and then charges it to expenses during the usage period. Prepaid rent is another item that is frequently included in the list of prearranged expenses.
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Why is fixed income called fixed income? a. Because the repayment amounts and timings are fixed for ordinary bonds b. Because bonds cannot rise in price over the life of a bond c. Because the price of the bond is fixed, given the safe haven nature of bonds d. Because current and future owners of a bond get the same effective annual interest rate
Because the payment amounts and timings for regular bonds are fixed, this type of income is referred to as fixed income. Hence the correct answer is A.
Generally speaking, the phrase "fixed income" may be used to refer to any investment in which the borrower or issuer is required to make payments of a specific amount on a predetermined schedule.
For instance, the borrower can be compelled to make yearly interest payments at a specific rate before making the principal repayment when the loan is due.
In comparison to other investment categories, fixed-income assets, such as corporate and government bonds, frequently have a reduced degree of risk and can provide a steady and predictable source of income.
A well-balanced investment portfolio should include fixed-income investments in addition to stocks, bonds, and stock mutual funds. Investing in stocks and stock mutual funds is also crucial.
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a condition ______ is a particular event that must occur in order for a party's duty to arise.
A condition precedent is a particular event that must do before the parties in an agreement have a legal obligation to fulfill their duties.
This condition can be a specific event, similar as the payment of a certain quantum of plutocrat, or it can be a general event, similar as the passage of a certain quantum of time. For a condition precedent to be binding, it must be easily defined within the contract and it must be commodity that's possible to do. For illustration, if a contract states that a party must pay a certain quantum of plutocrat before a certain date, the date must be reasonable and attainable.However, also the parties in the agreement don't have any legal obligation to fulfill their duties, If a condition precedent isn't met.
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with surface-level diversity, differences are immediately observable, easy to measure, and ____.
Generally, when the Federal Reserve lowers interest rates, investment spending ________ and GDP ________.
A) increases; decreases
B) increases; increases
C) decreases; decreases
D) decreases; increases
B) grows; expands, In general, when the Federal Reserve lowers interest rates, investment spending increases and GDP increases.
The Federal Reserve System is the name of the American central bank (FRS). It is commonly referred to as "the Fed" and is perhaps the most powerful financial institution in the world. It was created to provide the country with a stable, flexible, and secure financial and monetary system. There are seven members of the Fed's board. There are further 12 Federal Reserve banks, each of which is run by the president of a separate district. The central bank is a financial institution with sole control over the production and distribution of money and credit for a nation or a collection of nations. The formulation of monetary policy and member bank regulation are normally the responsibility of the central bank in modern economies.
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on which input screen will the tax professional fill out information to show the value of all types of iras at the end of the tax year?
Form 1099-R.
Form 8606.
Form 1040 pg 1.
Schedule 1.
The correct answer is Form 1099-R and Form 8606. input screen will the tax professional fill out information to show the value of all types of iras at the end of the tax year.
The sum that is not reimbursed in this situation is regarded as a distribution and is often recorded on Form 1099-R with the distribution code L. These distributions are considered to be taxable income and might incur early distribution fees. For each individual to whom you have specified a distribution or are deemed to have designated a distribution of $10 or more from profit-sharing or retirement programmes, complete Form 1099-R. Any particular retirement plans (IRAs). Plans for survivor income benefits, annuities, and pensions. Retirement plan distributions are reported on a 1099-R tax form; this income may be subject to federal income tax.
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Form 1099-R and Form 8606 is used on which input screen will the tax professional fill out information to show the value of all types of iras at the end of the tax year.
Hence, Option A and B are correct.
What do you mean by this tax professional process?
In this case, the amount that isn't repaid is viewed as a distribution and is frequently reported on Form 1099-R with the distribution code L. These distributions could be subject to early distribution penalties because they are regarded as taxable income. Fill out Form 1099-R for each person to whom you have directed a distribution of $10 or more from a profit-sharing or retirement program, or are presumed to have done so. Any specific retirement strategies (IRAs). Plans for pensions, annuities, and survivor income benefits. Distributions from retirement plans are reported on a 1099-R tax form; there may be federal income tax due on this income.To learn more about Form 1099-R here
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What are the 5 types of goals?
The 5 types of goals are Financial Goals, Career Goals, Education Goals, Relationship Goals and Health and Wellness Goals.
What is goals?Goals are the desired results or achievements that a person or organization hopes to accomplish. Goals are typically broad and long-term, and often involve setting a course of action in order to reach a desired outcome. Goals can be both short-term and long-term, and can be set within any area of life, such as academic, personal, career, financial, or health. Goals can help motivate people to take action, as well as measure progress in any particular area. Setting goals can also help create a sense of purpose, as well as a feeling of satisfaction once the goal has been accomplished.
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A company wants to change how its employees are compensated by evaluating an employee's performance when determining annual pay raises. What type of compensation plan is the company implementing?
a. appraisal pay
b. bonus pay
c. incentive pay
d. merit pay
e. job wellness pay
The kind of the compensation plan which the company is implementing is merit pay. Thus, option D is correct.
What is merit pay?Merit pay is a sort of performance-based remuneration. Employees are rewarded with a wage increase rather than other types of pay.
But instead of tying a raise to the employee's length of service or promotion to a higher position within the firm, the corporation might enhance his income simply because he performed well.
A corporation wants to modify the way it compensates its employees by analyzing an employee's performance when setting yearly pay hikes. Merit pay is the type of compensation plan that the organization is employing. As a result, option D is correct.
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A project does not include Select one: O a. unique elementsO b. creating a new product or service. O c. repetitive, same or similar work. O d. developing a new process. O e. a specific objective.
A project does not include repetitive, same or similar work.
A project is any endeavor that is deliberately planned to accomplish a certain objective, whether it is carried out alone or in collaboration with others and may involve research or design. The Latin term projectum, which derives from the Latin verb proicere, means "before an action."
An alternate perspective describes a project as a series of connected activities that must be completed within specific time, budget, and other constraints. A project might be a transient social system that is staffed by teams (inside or across companies) to complete certain tasks within a set amount of time.
Hence the correct option is C
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What would you characterize as the most important guidelines to follow when presenting data?
Some important guidelines to follow when presenting data: consider your audience, use proper design elements, and emphasize key information.
Data visualization is presenting data sets into a visual context such as map, graph, or chart.
With visualized data, it will be easier for you and for the audience to see the pattern of the data, its trends, outliers, etc.
Some guideline when presenting data:
- consider your audience profile: who is the audience? public or specific users? what is the detail level of data they need?
- consider technical aspects (design elements) of the presentation, such as font, title, notes. color, etc. Make sure these components emphasized the important data that want to be presented.
- simple analysis. If you need to present the analysis using the visualized data, make it simple.
- emphasize key information
- clear trends
- easy to compare
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Jose received $450 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards it. He'd like to have a bigger down payment so he invests his money in a saving account that pays 4% per year compounded quarterly. If Jose purchases the motorcycle in 2 years, how much will he have available towards the down payment for his motorcycle
He has to be available towards the down payment for Future value with compound interest that would be $487.26.
How to calculate Future value?Future value can be calculated by using following formula:
FV= PV*(1+i)^n
Where,
“PV” equals the present value
, “i” represents the interest rate
and “n” represents the number of time periods.
Given,
PV = $450
Interest Rate (i) = 4%
Interest Rate (compounded quarterly) =1% [4/4]
Time period = 2 years
Time period (compounded quarterly) (n) = 8 [2*4]
Putting given values in formula, we obtain future value with compound interest:
FV= PV*(1+i)^n
= 450 * (1+1%)^8
= 450 * (1.01) ^8
= 450 * 1.0828
= 487.26
Hence,
FV would be $487.26
What does future value mean?Future Value (FV) is the current value of an asset at a future point in time based on its assumed growth rate. It measures the nominal future amount of money that is 'worth' a particular amount at a particular point in the future given a particular interest rate, or more generally a rate of return. It is the present value multiplied by the cumulative function.
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What are the main structural challenges the Chinese economy faces in raising Labour productivity and living standards?
Here are the main structural challenges that the Chinese economy faces in raising labor productivity and living standards, summarized in points:
Aging population and declining labor force
Inadequate education and skills training
Insufficient infrastructure to support economic growth
Environmental pollution and health concerns
Political challenges
Demographic challenges: China's population is aging rapidly, and this could lead to a decline in the labor force and a decrease in the productivity of the remaining workers.
Educational challenges: China's education system may not be preparing workers with the skills necessary for the modern economy, which could limit the country's ability to increase labor productivity.
Infrastructure challenges: China's infrastructure may not be able to support the country's rapid economic growth, which could hinder the productivity of businesses and workers.
Environmental challenges: China's heavy reliance on polluting industries and lack of stringent environmental regulations has led to widespread pollution, which could have negative effects on the health and productivity of the population.
Political challenges: The Chinese government's tight control over the economy and lack of transparency may discourage innovation and limit the country's ability to increase productivity.
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Challenges chinese economy faces in labour productivity and living standards are falling growth rate, Export Driven Economy to Consumption Driven Economy, Manufacturing and Banking Viability, Tax Revenues and Expenses, Regional Imbalances: Coastal to Internal.
After the United States, china has the second-largest economy in the world. After the US and the Eurozone, China is the third-largest importer in the world. Additionally, it is the biggest consumer of goods like iron, steel, cement, oil, and others.
Even though China's economy has grown significantly, not everyone in China has benefited from the changes, as shown by the following facts:
1. There is more unemployment. There are almost 100 million job seekers. 2. Women's employment and living conditions are as poor as they were in 18th- and 19th-century Europe.
3. Growing corruption and environmental deterioration.
4. The economic gap between rural and urban residents is widening.
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A project's opportunity cost of capital is:
A. equal to the average return on all company projects
B. the return that shareholders could expect to earn by investing in the financial markets
C. the return earned by investing in the project
D. designed to be less than the projects IRR
A project's opportunity cost of capital is the return that shareholders could expect to earn by investing in the financial markets.
Projects are supported by a joined pool of assets. The Expense of Capital is the base return that an undertaking should propose before it tends to be acknowledged and not entirely settled by the return that investors could hope to procure by putting resources into the monetary business sectors.
The open door cost of capital is the steady profit from a venture that a business foregoes when it chooses to use assets for an inner undertaking, as opposed to putting cash in attractive security. The cost of capital alludes to the normal profits from the protections given by an organization.
Hence option (B) is correct.
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Financing activities involve:
O lending money.
O acquiring Land for investment.
O issuing debt.
O acquiring long-lived assets.
Financing activities involve issuing debt.
The obligation to pay money or other agreed value to a third party, a creditor, is called a debt. Debt differs from an immediate purchase in that payments are deferred or in installments. A sovereign state or country, city government, company or individual may be liable for the debt.
Contractual provisions governing the amount and timing of principal and interest payments typically apply to commercial debt. Debt includes mortgages, bonds, notes, and loans. In contrast to equity, debt is a form of financial transaction in financial accounting.
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vector furniture company assigns workers to departments based on similar skills. currently, the company has a marketing department, a production department, a finance department, and a human resources department. this suggests that vector departmentalizes by
There are currently departments for marketing, production, finance, and human resources inside the corporation. This implies that vector departments are organized according to function.
Who is employed by the marketing division?A small company's marketing department could consist of only one person, or it might include a marketing manager or director in addition to marketing executives in charge of things like publications, events, and advertising.
What are the duties and responsibilities in marketing?Building the company's reputation, creating methods to sell goods or services, and disseminating information about those goods or services to anybody who might be interested are just a few of the numerous duties that marketing experts are responsible for.
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QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating, investing, or financing activities assume indirect method 1. Sold long-term investments for cash. 2. Received cash payments from customers. 3. Paid cash for wages and salaries. 4. Purchased inventories for cash. 5. Paid cash dividends. 6. Issued common stock for cash. 7 Received cash interest on a note. 8. Paid cash interest on outstanding notes. 9. Received cash from sale of land at a loss 10. Paid cash for property taxes on building.
A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment.
What is the meaning of Transaction?An agreement or communication between a buyer and a seller to trade products, services, or assets in exchange for money is a financial transaction. Any transaction entails a change in the financial situation of two or more entities, whether they be people or businesses.
A transaction is a commercial occurrence that results in a monetary impact on the financial statements of a company and is noted as an entry in the accounting records of that firm. Here are some examples of transactions: paying the supplier for products or services received.
A transaction is defined as an agreement that has been formalized between a seller and a buyer to transfer goods, services, or financial assets in an exchange for cash.
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Why do large scale frauds that damage investors occur repeatedly?
Large-scale frauds that damage investors occur repeatedly The recent financial crises have revealed that fraud is at the root of all current economic and financial problems.
Executive fraud has terrible repercussions since it causes enormous losses to creditors, investors, and notably the firm itself. As I'm certain you are all aware, not all fraudster is the same, and it can result from a variety of causes. In the end, people are the ones who perpetrate fraud.
All fraud, especially fraud committed by huge corporations, has human decisions and acts at its foundation. As a result, the choice to follow or disregard the norms is inherently subjective. Therefore, my question — what motivates someone to commit fraud — is pertinent in each case.
I believe it is beneficial for regulators to think about this issue since it may enable us to pinpoint elements that may increase or decrease the likelihood of fraud. As regulators, we have a huge stake in this since we have trust.
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Which statement regarding insurance rides is not correct?
A. Insurance cannot cover damage caused by acts of war.
B. The insurable risk needs to be statistically predictable
C. An insurance risk must involve a loss that is definite as to cause, time, place and amount.
D. Applicants who smoke cigarettes are approved on a preferred basis.
Insurance cannot cover damage caused by acts of war. Hence, option A is appropriate.
What is the meaning of Insurance?
Insurance is a tool for risk management. When you buy insurance, you get protection against unanticipated financial losses. If something unfavorable occurs, the insurance provider compensates you or a different person of your choosing.
General insurance includes, among other things, home insurance, health insurance, vacation insurance, and auto insurance.
The insurance company (insurer) and the person (insured) are the two parties to the legal agreement that governs insurance. In this case, your insurance provider guarantees to cover the insured's damages should the insured scenario materialize. The contingency is indeed the loss-producing circumstance.
Hence, option A is correct.
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Economists generally believe that the best way to target a negative externality is to: O tax the externality directly, such as taxing greenhouse gas emissions. O set equivalent limits of production of the externatity, such as setting a quota on greenhouse emissions O prohibit all production of the good that produces the externality. O tax the good that generates the externality, such as taxing the production of automobiles.
Economists generally believe that the best way to target a negative externality is to (a) tax the externality directly, such as taxing greenhouse gas emissions is correct option.
A type of economic study known as marginal analysis makes the assumption that everyone will always seek the greatest gain at the lowest cost. Before entering a market, this analysis is most frequently used to define business strategy.
There are a number of strategies that both the general public and the government can use to combat adverse externalities that could damage populations. Typically, these techniques comprise the following: Taxes on negative externalities that have an impact on local residents may be imposed by local or state governments.
A cost or benefit of an economic activity that is felt by a separate third party is known as an externality. Therefore, externalities are often viewed by economists as a severe issue that causes markets to be inefficient and thus results in market failures.
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A sailboat depreciates 15% each year. If the sailboat was $9,500 at its time of purchase, what is the value of the sailboat after 7 years?.
The sailboat is worth $3045.49 after 7 years.
Step-by-step instructions:
Given that the sailboat's original value is $9500,
Depreciation rate = 15%
No. of years = 7 years
As we all know, the formula for "Compound Interest" is as follows:
[tex]A=P(1-\frac{r}{100})^{n}[/tex]
As we
As we all know, the formula for "compound interest" is as follows:
where
A denotes the amount
The P stands for the original value.
r denotes the rate of depreciation,
n the number of years.
As a result, our equation becomes,
[tex]A = 9500(1-\frac{15}{100})^{7}[/tex]
[tex]A=9500(1-0.15)^{7}[/tex]
[tex]A=9500(0.85)^{7}[/tex]
[tex]A= $3045.49[/tex]
As a result, after 7 years, the sailboat is worth $3045.49.
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If a person is in a protected class, he or she is protected by which of the following?
A) Department of Labor guidelines
B) Sarbanes-Oxley Act
C) Title VII of the Civil Rights Act
D) Consumer Protection Act
E) National Labor Relations Board
If a person is in a protected class, he or she is protected by which Title VII of the Civil Rights Act.
If a person is in a protected class, he or she is protected by which of the following?Title VII of the Civil Rights Act of 1964 is a federal law that protects individuals from discrimination based on their race, color, religion, sex, or national origin.This law applies to employers with 15 or more employees and covers all aspects of employment, including hiring, firing, pay, job assignments, promotions, training, and benefits.It also protects individuals from workplace harassment and retaliation for filing a complaint or participating in an investigation.By protecting individuals in these protected classes, Title VII of the Civil Rights Act ensures that everyone in the workplace is treated fairly and equitably, regardless of their identity.The Act makes it illegal for employers to discriminate in any aspect of employment, including hiring, promotion, wages, job assignments, layoffs, and termination. It also prohibits workplace harassment and retaliation against employees who report discrimination.The Department of Labor provides resources and guidance to employers and employees to help ensure compliance with Title VII.The Sarbanes-Oxley Act, Consumer Protection Act, and National Labor Relations Board all provide protections for workers in different ways, but Title VII is the primary law that protects individuals in protected classes from discrimination at work.To learn more about Title VII of the Civil Rights Act refer to:
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what do governments often lose when they repeatedly fail to provide for the needs of their people during wars, financial crises, or outbreaks of disease?
what do governments often lose when they repeatedly fail to provide for the needs of their people during wars, financial crises, or outbreaks of disease Legitimacy
An organized community is ruled by a structure or a collection of people, usually a state.When defining government broadly and associatively, the legislative, executive, and judicial branches are frequently included. Government serves as both a tool for formulating policy and a means of enforcing it within organizations. In many countries, a statement of the governing philosophy and guiding ideas serves as the equivalent of a constitution.Even though all organizations have governance, the term "government" is typically used more specifically to refer to the roughly 200 autonomous national governments and subsidiary organizations.The three primary types of political systems are modern democracies, monarchies, and authoritarian and totalitarian regimes.
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____ are the broad statements of where the organization wants to be in the future.
Strategic goals
Tactical goals
Tactical plans
Operational goals
Operational goals
Strategic goals are the broad statements of where the organization wants to be in the future.
Your strategic plan's strategic goals are an essential component. You need a clear understanding of where you want to go in order to accomplish your long-term objectives, as well as a simple method of communicating those objectives to your team. This article examines the distinctions between strategic goals and various goal-setting approaches before providing 65 concrete examples of strategic objectives and metrics.
The target you wish to accomplish at the conclusion of your three to five year strategic plan is known as a strategic goal. These objectives are longer-term than your yearly goals, but shorter than your vision statements.
Strategic goals often range from three to five because they are strongly related to strategic planning.
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in project management, the three limitations of scope, time, and cost are referred to as the _____.
Answer:
Triple constraints
Explanation:
The three primary constraints that project managers should be familiar with are time, scope, and cost. These are frequently known as the triple constraints or the project management triangle.
A market-oriented firm defines is business
O in terms of its innovation capabilities
O in terms of the size of its market
O in terms of its competitive advantage
O in terms of the products the company excels at
O in terms of the benefits its customers seek
A market-oriented firm defines its business In terms of the benefits its customers seek.
At the point when we discuss the market, it is the clients or shoppers or express chain of clients and ultimately the end client who consumes the item or utilizations it. Except if there is a customer there will be no market. The entire base of the market is the customer after which different elements assume the part in making the item fruitful.
So from the choices given in the inquiry, we can say that:- A market-situated firm characterizes its business as far as the advantages its clients look for.
Hence (E) option is correct.
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an organization practicing ______ aims all its efforts at satisfying its customers—at a profit.
An organization practicing production orientation aims all its efforts at satisfying its customers—at a profit.
A control philosophy, idea, focus, or state of thoughts which emphasizes manufacturing techniques and unit-value reduction in place of the needs and wants of the goal marketplace; the orientation assumes that consumers will favor the merchandise which might be the maximum readily available and on the most lower priced prices and that attention on efficiencies in production and distribution will most simply reap the company's targets.
A manufacturing-orientated company commonly operates a mass manufacturing version and streamlines this production system for its product imparting. This orientation technique assumes that its customer value price, and consequently, it focuses on decreasing production costs to satisfy such rate needs of this customer base.
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What is an example of a pure market economy?
Agriculture-related markets, such as those for corn, wheat, and soybeans, are some of the best illustrations of markets that are merely competitive.
What makes a pure market economy a good example?Countries with market economies include the UK, Japan, and the US. In these countries with market economies, the majority of the resources are owned by individuals. Their economy is neither governed nor managed by a single institution. Instead, supply and demand have an impact on the market's fundamentals.
Why is the free market the best system?Government engagement in market economies is low, thus all managerial decisions about how a corporation is run must be made by private ownership. In this kind of economy, efficiency, productivity, and innovation all rise.
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Accenture’s Multi-party Systems practice partnered with the World Economic Forum to create the Known Traveler Digital Identity (KTDI) solution. This enables consortium partners to access verifiable claims of a traveler’s identity data so they can assess their credibility, optimize passenger processing, and reduce risk.
How does KTDI help both the travel industry and the customer?
O by allowing individuals to decide when and how to share data, reducing industry risk, and providing seamless and trusted experiences for travelers
O by sending customers’ digital identities to airports for archiving purposes, after travel has been completed
O by sharing travelers’ digital identities with hotels and other travel partners for use in mass marketing campaigns
O by providing discounts on airline tickets to customers whose digital identity is sent first
The correct option is A. By allowing individuals to decide when and how to share data, reducing industry risk, and providing seamless and trusted experiences for travelers.
The recognized tourist virtual identification, or KTDI, is a global economic forum initiative that brings collectively a global consortium of human beings, governments, authorities, and the journey enterprise to beautify protection in international journeys. The KTDI mission become announced in early 2018. It sought to use blockchain, biometrics, and synthetic intelligence to hurry up the manner of screening visitors in a rustic.
KTDI permits people to govern their very very own profile and acquire digital 'attestations' in their personal information, locating out what statistics to percent and even as. The more attestations a tourist accumulates and stocks, the higher consortium companions, governments, and different events can provide an easy and safe tour experience.
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sometimes it is not possible to measure the success of a ads campaign that is aggregated across multiple channels, as is the case with measuring brand awareness and brand favorability. why is it difficult to determine performance across multiple channels?
Different tools may be used by various channels to gauge brand lift. As with evaluating brand visibility and brand favorability, a result consolidated across many channels cannot be determined.
Explain a brand.Brands are meaningless because you can't temporarily view or disable them. As a sense, they affect how people perceive various entities, their products, or specific individuals.
Describe a brand with an example.A compelling value proposition (USP) or differentiator that distinguishes a good or service from the competition is communicated through branding. Use of logo, taglines, jingles, or mascots are a few examples of branding strategies.
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A stream of equal cash payments made at equal time intervals is called an:
A) future value.
B) compound interest.
C) annuity.
D) present value
A stream of equal cash payments made at equal time intervals is called an:B) compound interest.
Coins, silver jewelry, and hacksilver—silver items that had been chopped into pieces—were the only forms of legal cash in Western Europe after the fall of the Western Roman Empire for centuries, until Venetian traders started employing silver bars for substantial transactions in the early Middle Ages. Venetian businesspeople started using paper money and gave their banker payment instructions separately. Similar imprinted silver bars were in use in the nations where Venetian businessmen had opened representative offices. In the Byzantine Empire, numerous Balkan republics, and Kievan Rus, marked silver bars were also used to make substantial payments.
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