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Question -
-Suppose I want to be able to withdraw P5,000 at the end of five years and withdraw P6,000 at the end of six years, leaving a zero balance in the account after the last withdrawal. If I can earn 5% on my balances, how much must I deposit today to satisfy my withdrawals needs? (Round your final answer up to 2-decimal places)
-How much must you deposit at the end of each year in an account that pays an annual interest rate of 20%, if at the end of 5 years you want P10,000 in the account? (Round your final answer up to 2-decimal places)
-Calculate the present value of a perpetuity bond that is expected to pay P50 of interest per year forever if the investor requires an annual return of 8 percent.
An accumulated depreciation account
Is it appropriate to add the additional debtors that the CFO requested to the list? what effect does this have on your audit opinion?
clanton inc has 12000 shares of common stock outstanding at 31st december 2012. the company sold 6000 shares of common
Sell or Process Further Jackson Lumber Company incurs a cost of $394 per hundred board feet in processing certain "rough-cut" lumber, which it sells for $558 per hundred board feet. Prepare a differential analysis dated March 4, 2014, on whether to s..
What are the most substantial challenges to the growth and development of IFRS in the coming years? Why? How would you propose that the IASB
write the journal entry to record the payment of a one-year insurance premium of $6,000 on March 1, 2016. write the adjusting entry that will be made at the end of every month to show the amount of insurance premium “used” that month. Calculate the a..
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The cost of the maintenance agreement was Rs. 35000. Calculate the acquisition cost of the Ice Cream Processing Machine to PCL
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If you are offered ?$300,000 in 13 years and you can earn 11 percent on your? money, what is the present value of ?$300,000?
How long will it take the investment to accumulate to $750 if the practical method for accumulation is in effect? Be sure to us linear interpolation
A P120,000 customer check deposited this month was returned by the bank due to insufficient fund. How much is the unadjusted total bank credit for the month?
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