A Donor Agrees to Contribute $5,000 Per Year at the End

question 1

Multiple Choice

A donor agrees to contribute $5,000 per year at the end of each of the next five years to a voluntary health and welfare organization. The donor did not place any use restrictions on the amount pledged. The stream of the payments is discounted at 6 percent. The first payment of $5,000 is received at the end of the first year. The present value factor for a five-payment annuity due on June 30, 20X9, at 6 percent is 4.2124.
-Based on the preceding information,at the end of the first year,the pledge increased unrestricted net assets by:

• A) $25,000.
• B) $21,062.
• C) $4,212.
• D) $5,000.

Identify and use database objects effectively.

Understand database data types and their purposes.

Describe procedures for managing database files, including closing, backing up, and repairing databases.

Recognize and utilize different views and wizards to create or modify database elements like tables, queries, and forms.

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Definitions:

Inverted Pyramid

A writing structure used in journalism that presents the most important information first, followed by lesser details.

Similes

Figures of speech that compare two different things using "like" or "as" to highlight similarities.

Scope

The extent or range of view, outlook, application, operation, or effectiveness.