Business, 28.11.2019 00:31 skaterwolf1317
John rider wants to accumulate $115,000 to be used for his daughter’s college education. he would like to have the amount available on december 31, 2023. assume that the funds will accumulate in a certificate of deposit paying 8% interest compounded annually. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) answer each of the following independent questions.
required:
1. if john were to deposit a single amount, how much would he have to invest on december 31, 2018?
2. if john were to make five equal deposits on each december 31, beginning on december 31, 2019, what is the required amount of each deposit?
3. if john were to make five equal deposits on each december 31, beginning on december 31, 2018, what is the required amount of each deposit?
Answers: 2
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What is the main role of ctsos at the local level? at the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events.1. a.internsb.traineesc.members2.a.participateb.trainc.win
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Business, 22.06.2019 17:10
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
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Business, 22.06.2019 21:20
Afamily wishes to save for future college expenses. which financial tool should the family invest in?
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Business, 23.06.2019 01:00
Weekly sales at nancy's restaurant total $ 84,000. labor required is 420 hours at a cost of $21,000. raw materials used amount to $40,000. what is the partial measure of productivity for labor hours?
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