Liam company signed a lease for an offi ce building for a period of 12 years. under the lease agreement, a security deposit of $9,600 is made. the deposit will be returned at the expiration of the lease with interest compounded at 4% per year. what amount will liam receive at the time the lease expires? amount at the time the lease expires $.

Present value (P) = $9,600

Number of years (n) = 12 years

Interest rate (r) = 4% = 0.04

Future value (FV) = ?

FV = P(1 + r)n

FV = $9,600(1 + 0.04)12

FV = $9,600(1.04)12

FV = $9,600 x 1.6010

FV = $15,370

Explanation:

In this case, there is need to compound the security deposit of $9,600 for 12 years at 4% interest rate per annum. The formula for future value of a lump sum(Single investment) is applied.

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

b.

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those r all of them i believe