Tom deposited $5,000 into an account monthly, with the first deposit at the end of January 1987 and the last deposit at the end of December 2006 (there were a total of 240 $5,000 deposits). He also made a
one-time deposit into the same account at the end of December 2000 (this was in addition to the $5,000
monthly deposit). Then he withdrew $20,000 from the account monthly, with the first withdrawal at the
end of January 2007. Just after his last withdrawal at the end of December 2021 (there were a total of
180 $20,000 withdrawals), there was $180,000 remaining in the account. The account used to earn
interest at an annual rate of 6 percent compounded monthly. What should be the amount of the one-time
deposit at the end of December 2000?

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer