subject
Business, 27.09.2019 03:10 alexusnicole817

Your employer has agreed to place year- end deposits of $1,000, $2,000 and $3,000 into your retirement account. the $1,000 deposit will be one year from today, the $2,000 deposit two years from today, and the $3,000 deposit three years from today. if your account earns 5% per year, how much money will you have in the account at the end of year three when the last deposit is made?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 20:20
Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
Answers: 2
question
Business, 22.06.2019 23:10
The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter.required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.
Answers: 3
question
Business, 23.06.2019 02:00
You are considering the purchase of one of two machines used in your manufacturing plant. machine 1 has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine 2 costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm
Answers: 1
question
Business, 23.06.2019 09:00
What is the definition of an entrepreneur
Answers: 2
You know the right answer?
Your employer has agreed to place year- end deposits of $1,000, $2,000 and $3,000 into your retireme...
Questions
question
Mathematics, 29.07.2020 04:01
question
Mathematics, 29.07.2020 04:01