Nhen prices are falling, valuing inventory using the LIFO method rather than FIFO gives

a$.$ inventory a higher value but lowers net income.

b$.$ inventory a lower value and also lowers net income.

c$.$ Inventory a lower value and net income a higher value.

d$.$ both inventory and net income a higher value.

You invest $$11,000$ in an account that pays an interest rate of $8\%,$ compounded monthly. What will be your account balance $9$ years from today?

a$.$ $$22,319\mathrm{.}38$

b$.$ $$21,989\mathrm{.}05$

c$.$ $$22,770\mathrm{.}28$

d$.$ $$21,417\mathrm{.}59$

e$.$ $$22,544\mathrm{.}83$