Determine how much will have in five years

Assignment Help Financial Accounting
Reference no: EM132493922

Question 1: Nonprofit organization has received a temporary restricted fund of $100,000 to be used only after five years. You can deposit it in a bank to earn 6 percent interest compounding yearly. How much will you have in 5 years?

Reference no: EM132493922

Questions Cloud

What are some capabilities of microsoft word : What are some capabilities of Microsoft® Word? How might you use them in a personal or professional capacity in the future?
What is the external financing needed : What is the external financing needed? Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not.
Execute a web search on javascript arrays : Execute a Web search on JavaScript Arrays or Javacript Objects or any other topic discussed in the chapter readings using a search engine such as Google.
Prove that there are as many palindromes of length : Determine the number of palindromes of length 2n defined over the same alphabet as well.
Determine how much will have in five years : $100,000 to be used only after five years. You can deposit it in a bank to earn 6 percent interest compounding yearly. How much will you have in 5 years?
Calculate the balance at December : The building was completed and occupied on September 30, 2020. Calculate the balance at December 31, 2020 in each of the following balance sheet accounts
Give a direct implementation of a shuffle method : Give a direct implementation of a shuffle method for an array of int values. You may use the method, nextInt(n) of the Random class, which returns a random
Describe the substance of proposed transaction : Why M&A deals between two healthcare networks is not good - comparing to some prior M&A deals that were rejected by Federal Trade Commission (FTC)
What will be the bit sequence that actually gets transmitted : Calculate the redundancy code. What will be the bit sequence that actually gets transmitted?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Discuss the ethical dilemma faced by jim fielding

Horizon Corporation manufactures personal computers. The company began operations in 2011 and reported profits for the years 2011 through 2014. Due primarily to increased competition and price slashing in the industry, 2015's income statement reporte..

  What would be the depreciation expense for this machine

Compute the amount of accumulated depreciation on each machine at December 31, 2010. what would be the depreciation expense for this machine in (1) 2008 and (2) 2009?

  How many hours should be assigned to each graphic designer

Suppose Lisa could be assigned more than 50 hours. What effect would this have on the optimal solution? Explain. If an amount is zero, enter "0".

  Determine board of directors announced

Determine board of directors announced a 6-for-5 stock split (i.e., a 20 percent increase in the number of shares). The market price prior to the split

  Large portfolio of debt and equity securities as investment

Addison Manufacturing holds a large portfolio of debt and equity securities as an investment. The fair value of the portfolio is greater than its original cost, even though some securities have decreased in value. Will classifying the portfolio as ea..

  Compute the number of units transferred to finished goods

During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Compute the number of units transferred to finished goods. Compute the number of equivalent uni..

  Fines-penalties paid to government for the violation of law

Fines and penalties paid to the government for the violation of a law are _____.

  Prepare the adjusting journal entry on december

Prepare the journal entry on January 1, 2023, to record interest paid.(Credit account titles are automatically indented when amount is entered)

  Compute minnies taxable income assuming she is a dependent

Compute Minnie's taxable income assuming she is self supporting and is not a dependent on anyone else's tax return, and files a 1040 tax return.

  What is expected equity return under all equity or debt

What is her expected equity return under all equity or debt/equity options? What is the lenders' expected rate of return under each scenario?

  What is total amount leven would pay on the maturity date

May 3, 2010, Leven Corp. negotiated a short- term loan of $ 685,000. The loan is due October 1, 2010, and carries a 6.86% interest rate. Use ordinary interest to calculate the interest. What is total amount Leven would pay on the maturity date?

  General ledger shows checking account balance

On October 31, 2018, Damon Company’s general ledger shows a checking account balance of $8,418. The company’s cash receipts for the month total $74,460, of which $71,330 has been deposited in the bank. In addition, the company has written checks for ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd