Petey set up an investment program using an annuity due with payments of $3,000 at the beginning of each quarter. Find the interest earned on the investment if he makes payments for 5 years into an account expected to pay 8% compounded quarterly. A. $74,349.96
B. $14,349.96
C. $77,349.96
D. $17,349.96

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.

The average u.s. household has $178,600 in life insurance. the standard deviation is $25,500. a local insurance agent would like to see how households in his city compare to the national average, and selects a simple random sample of 30 households from the city. for the households in the city, the average amount of life insurance is $188,800. a. based on the sample results, construct a 95% confidence interval for the true average amount of life insurance for households in the city. b. test the h0 : $178,600 ? ? to determine if the city's sample average is significantly different from the u.s. average amount of life insurance per household. use the conventional levels of significance.