When is it better to use a chart instead of a table?
What will be an ideal response?
When the goal is to illustrate one main point or relationship
When there is a relatively small amount of information being shown
Business
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Dan plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for the next 10 years. If Dan can earn 10 percent on his contributions, how much will he have at the end of the tenth year?
A) $12,290 B) $20,000 C) $31,874 D) $51,880
Business
What type of account is an Allowance for Doubtful Accounts?
A) Asset B) Contra-asset C) Revenue D) Contra-revenue
Business