User Account

All Pages

Find the compound amount after five years

Assignment Help Accounting Basics
Reference no: EM132223951

Question - An investment pays 7% interest per year compounded semiannually. Given an initial deposit of 4,500:

A) Find the compound amount after 5 years.

B) Find the compound interest.

C) Find the interest earned on a $2,000 deposit for 5 years, compounded semiannually at 6%.

Reference no: EM132223951

Questions Cloud

Managers are faced with making decisions each day : Managers are faced with making decisions each day, some that are programmed and others that are non-programmed.
What are the weighted average shares at december : The Tansian Company had 200,000 shares outstanding on January 1, 2016. What are the weighted average shares at December 31, 2016
Ethics-personal perspective : If your view or conception did not change, why do you think this is case? How can what you learned in course be applied in your professional and personal life
Determine the price of NVIDIA common stock : Suppose that NVIDIA Corporation (NVDA) stock is selling for $150.00. Based on the above assumptions, determine the price of NVIDIA's common stock
Find the compound amount after five years : An investment pays 7% interest per year compounded semiannually. Given an initial deposit of 4,500: Find the compound amount after 5 years
What is the current yield on the stock : Winslow Corporation's preferred stock is selling for $110 per share in the market. What is the current yield on the stock
What is dominick earned income credit : Dominick made $25,000 working as a cashier and has no other income. What is Dominick's earned income credit
How many months of child care expenses they deduct : The taxpayer had a qualifying child who is not disabled and who turned age 13 on May 31, 2017. How many months of child care expenses can they deduct
Make an income statement : Use the preceding information to make an income statement, a statement of changes in stockholders' equity, and a balance sheet for the company

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the weighted-average contribution margin

Compute the breakeven point in units based on the weighted-average contribution margin for the sales mix

  What is the amount of impairment loss

Present value of expected future cash flows €63000. Using IFRS (IAS 36), what is the amount of Impairment Loss

  An employee who did not need health insurancebecause the

the uvw union and hon corporation are negotiationcontract terms. assume the union members are in the 28 marginaltax

  Initial investors against the cpa firm

A cpa firm has audited the financial statements included in a form s-1 filed with the sec under the securities act of 1993. shortly thereafter, the company went bankrupt and a class action lawsuit was filed by the initial investors against the cpa..

  What is the direct labor hourly wage rate

What is the direct labor hourly wage rate? How much manufacturing overhead was applied to Job P and Job Q?

  Prepare the journal entry to record income taxes

Southern Atlantic Distributors began operations in January 2016 and purchased a delivery truck for $40,000

  Briefly summarize the accounting techniques

Briefly summarize the accounting techniques used by Cendant to manipulate financial results. Categorize each technique into one of Schilit's financial shenanigans.

  Define accounting and describe its role in business

Accounting, the language of business allows for the communication and distribution of information to owners, managers, and investors to evaluate a company's.

  Prepare a combined balance sheet immediately

On January 1, 2008, Alaska Corporation acquired Mercantile Corporation's net assets by paying $160,000 cash. Prepare a combined balance sheet immediately

  Differentiate purchases journal and cash receipts journal

Refer to Exercise and for each of the April transactions identify the journal in which it would be recorded. Assume the company uses a sales journal.

  A financial adviser with a client in the wholesale produce

a financial adviser with a client in the wholesale produce business that just completed its first year of operations.

  What is the federal income tax effect to a

Individual A paid $10,000 in to B. What is the federal income tax effect to A

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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