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NEW QUESTION: 1
At the beginning of year 1, $10,000 is invested at 8% interest, compounded annually. What amount of
interest is earned for year 2?
A. $806.40
B. $933.12
C. $800.00
D. $864.00
Answer: D
Explanation:
Choice "c" is correct. This question is a compound interest question because the interest is to be
determined at the end of the second year. The calculation is as follows and uses different symbols than
the SI = PIN formula in the text to show candidates the PRT formula as well (the CPA exam often uses
different terminology):
Interest = PRT (for the first year)
Interest = $1,000 x .08 x 1 = $800 and adding the $800 to the beginning principal
Interest = PRT (for the second year)
Interest = $1,800 x .08 x 1 = $864
It is obvious from the answer that the interest earned in year 2 is interest earned on the original principal
($10,000 x .08 = $800) plus interest on the year 1 interest ($800 x .08 = $64).
Choice "a" is incorrect. This answer is interest only on the original principal, and not on the year 1 interest.
Choice "b" is incorrect. This answer has a decimal point error in calculating the year 2 interest on year 1
interest.
Choice "d" is incorrect. This answer is apparently made up. It is sometimes difficult to come up with 3
decent wrong answers, especially with simple questions.
NEW QUESTION: 2
What will the following code cause to happen on Mouseover?
<a href="javascript:linksFun();"
onMouseOver="status='Related Links';return true;"
onMouseOut="status='';return true;">Related Links
A. nothing
B. The words "Related Links" will appear as a drop down list.
C. The words "Related Links" will appear in the status bar.
D. The words "Related Links" will disappear in the status bar.
Answer: C
NEW QUESTION: 3
Debianシステムで利用可能なパッケージに関する情報を照会するためにどのコマンドが使用されますか?
A. apt-search
B. apt-get
C. dpkg-search
D. dpkg
E. apt-cache
Answer: E